
A fund led by South Korea’s Mirae Asset Daewoo and web portal Naver Corp will invest $50 million in Indonesian e-commerce startup Bukalapak, Mirae Asset said on Wednesday.
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A fund led by South Korea’s Mirae Asset Daewoo and web portal Naver Corp will invest $50 million in Indonesian e-commerce startup Bukalapak, Mirae Asset said on Wednesday.
Current executive VP of private brands and supply chain, Mike Robbins, will serve as executive VP, chief stores and supply chain officer, while McKinsey & Company's Truett Horne will become chief transformation officer.
Delphine Arnault has joined the LVMH group's executive committee. Her father Bernard said he is delighted a second woman, and a young one too, is now sitting on the luxury group’s board.
Tory Burch, LLC, has named Pierre-Yves Roussel, husband of the brand's eponymous designer and former LVMH executive, as the company's new chief executive officer, beginning in early 2019.
The chief of Flipkart Group’s Myntra-Jabong fashion business on Friday denied a media report that he will quit after a reshuffle in the ranks following the ouster of group CEO Binny Bansal.
The low wages in China and Southeast Asia have turned the region into an unrivalled market for fashion production over the last decade. But things are starting to change, according to a new study published on Tuesday.
In Hong Kong, more than 340 tonnes of textile waste is dumped each day into the city’s overflowing landfills, according to the city’s Environmental Protection Department.
Indonesia will partner with Alibaba’s CEO Jack Ma to look into ways to use Alibaba’s ecosystem to increase its exports, particularly to China, its communications minister told Reuters on Sunday.
Shocked by the speed at which Australians buy and throw away cheap garments, retailers are trying to harness an ancient concept -- libraries -- to persuade shoppers to rent instead of purchase clothes.
Global luxury brands from Prada to LVMH are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smaller, less developed cities.