Fashion news and fashion jobs

Experiential luxury vs. material purchase: New balance of brand strategies

The phenomenon is observed across the globe. Affected by the economic situation, consumers are turning away from material acquisition in favour of, at times, experience. Initiatives like 'The Louis' by Louis Vuitton in Shanghai raise the question of the effectiveness of this immersive shift. Is it a long-term brand-building exercise, or can we...

BusinessMember

Million dollar investments: 15 Fashion companies that received large capital injections in the last half year

Anyone running a business knows that significant investment is needed to keep it going. It is therefore not surprising that news of cash injections and funding rounds is often shared. FashionUnited presents the companies that have received at least one million euros in recent months. Start-up Talon.One: 135 million dollars German software...

Business|In Depth Member

El Corte Inglés targets "Net Zero" by 2050 with new sustainability plan

Madrid - El Corte Inglés, the Spanish department store group, has launched its new 2025-2030 Sustainability Master Plan, reaffirming its commitment to environmental responsibility. The plan is a comprehensive roadmap aimed at achieving "Net Zero" status by 2050, with a focus on minimizing the company’s environmental impact and reducing...

BusinessMember

Armani fined 3.5 million euros by CMA for unfair practices

The Competition and Markets Authority (CMA) has fined Giorgio Armani Spa and G.A Operations Spa 3.5 million euros for allegedly misleading consumers with false claims of ethical and social responsibility. The CMA's investigation found that the companies' marketing, which emphasised their commitment to sustainability and worker well-being,...