Business|In-depth

A visit to Tendam's new Illescas logistics centre

At the invitation of Tendam and technology company Dematic, FashionUnited toured the new logistics centre that the Spanish fashion multinational has now brought to full capacity in the Toledo town of Illescas, Spain. This is a particularly strategic location, bordering Madrid, where the company has just established the new hub for its online...

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Watchmaker Fossil eyes IPO for Indian unit

Luxury watchmaker Fossil Group Inc. is reportedly considering an Initial Public Offering (IPO) for its Indian arm, Fossil India Pvt., aiming to capitalise on the country's booming market for new listings, according to a Bloomberg report. Following the news, the company's shares jumped 44 percent in Wednesday morning trading. Quoting people...

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Investigation: EU's sustainable fashion score is 'finalised' but far from reliable

On paper, an agreement has been reached on the first tool for scoring fashion products on sustainability. The regulation comes from Brussels and is called the Product Environmental Footprint Category Rules (PEFCR), hereafter referred to as 'PEF', for apparel and footwear. However, the method and the way it was developed are a source of...

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Fashion

PwC research: Secondhand is a conscious choice, clothing leads luxury purchases

Secondhand fashion is no longer a niche but a conscious choice, increasingly integrated into the purchasing behaviour of younger generations. 40 percent of Gen Z and 28 percent of Millennials have already purchased second-hand products on Vinted, while 41 percent and 27 percent, respectively, have also sold them. In contrast, 53 percent of Baby...

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