"Defining a “living wage” can be a tricky business, one that requires some complex mathematics. Even within the same country, the minimum income a worker requires to afford basic needs — food, shelter, clothing, medicine — can vary wildly from one locale to another."
"A couple years ago, when Levi’s started its Screened Chemistry program, to identify and eliminate undesirable chemicals from its supply chain, the first one it realized it needed to phase out was potassium permanganate. Trying to solve the chemical problem caused Levi’s to stumble upon a labor-saving technological innovation that is transforming the way it designs, makes, and sells its jeans."
"Moved by the courage, resilience and determination of students at Marjory Stoneman Douglas High School, Gucci is donating $500,000 to the gun-control march planned for Washington next month."
"Spanning 25 different galleries, visitors to the Metropolitan Museum of Art’s forthcoming costume institute exhibition, Heavenly Bodies: Fashion and the Catholic Imagination, can expect to see the most ambitious exhibit the institution has ever taken on"
"Chinese consumers’ purchasing habits are increasingly driven by the need for instant gratification, and luxury products are no exception. The past few seasons, however, have seen a shift driven by a social media-fueled demand for immediacy, where brands like Burberry and Tommy Hilfiger have adopted “see-now-buy-now” models, letting their fans shop looks straight from the catwalk at events known as trunk shows. While this trend has started to lose steam elsewhere due to the difficulties brands face in amending their well-established supply chain and distribution systems, the “see-now-buy-now” model is only becoming more popular in China."
"Not only did he create the world’s largest online retail platform, servicing roughly 3 million shoppers in 180 countries, but he also ushered luxury labels like Armani, Valentino, Missoni, and Alexander McQueen into global markets by building and running their online stores."
Business Of Fashion
"Fashion retailers are partnering with a new wave of fintech startups to provide interest-free payment solutions to young consumers scarred by credit cards and The Great Recession."