E-commerce firm Mercado Libre to open distribution centers in Mexico
Buenos Aires-based Mercado Libre said it would invest $100 million to open the distribution centers, the company’s first, which would yield 3,000 jobs in Mexico.The facilities will…
L’Oreal responds to push for natural ingredients in make-up
The world’s leading beauty groups face increasingly savvy consumers who want creams and make-up made from natural components as well as products that can be recycled, a…
Pakistan- Inditex, H&M, Bestseller and C&A join Factory Safety Agreement
This agreement is a Pakistani version of the eponymous mechanism deployed almost ten years ago in Bangladesh, after the worldwide repercussions caused by the Rana Plaza tragedy….
Egeria invests in Nooteboom Textiles, acquires majority interest in company
Nooteboom Textiles is a specialized wholesaler of women’s and children’s clothing fabrics and is the market leader in Europe. With the investment from Egeria Nooteboom Textiles is…
Pre-Christmas discounts are deepest ever, mid-market fashion sees biggest cuts
The discount frenzy has happened as mid- and end-of-season autumn sales continued into December and combined with a record Black Friday promotional period to “set the precedent…
Organic cotton demand surges due to fashion brands – report
Organic Cotton Accelerator (OCA) — a group of industry partners whose “goal is to unleash the potential of organic cotton for farmers, brands and the planet” —…