Business|Reportage

The 'Prato system': corruption and illegal labour at the heart of the Italian textile industry

The fatal shooting of Zhang Dayong in Rome, who was found with six bullet wounds, initially seemed unconnected to Prato, Italy's textile hub. However, investigators now believe the murder is part of a brutal "hanger war" between rival Chinese mafia groups for control of Europe's largest garment manufacturing centre. This criminal escalation is...

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Fashion's digital reckoning: Why the EU's Product Passport mandate will reshape the Industry

As the European Union tightens its grip on environmental regulation, fashion brands across the continent, and beyond, are bracing for a seismic shift. At the heart of the upcoming regulatory wave lies the Digital Product Passport (DPP), a central feature of the Ecodesign for Sustainable Products Regulation (ESPR), which becomes enforceable in...

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Retail|ANALYSIS

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...

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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...

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