BusinessMember
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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BusinessMember
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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