The European Commission demanded on Thursday that Britain pay 2.7 billion euros of customs duties that should have been collected on Chinese imports of Chinese footwear and textiles but were not due to fraud.
PVH Corp's CEO and Chairman Emanuel Chirico announced he is leading the company to join the CEO Action for Diversity & Inclusion, a coalition of 350 CEOs committed to advancing inclusion and diversity in the workplace.
Nippon Express Co. Ltd.’s subsidiary Nippon Express Europe GmbH will acquire the entire equity interests of the luxury fashion related logistics service provider Traconf for 19 billion yen as agreed (SPA) on March 6.
Italian textile machinery maker Itema has filed a request to list its shares on the Milan stock exchange after shareholders approved the initial public offering plan last month, the company said on Thursday.
The Hugo Boss supervisory board decided at a meeting on Wednesday to extend the contract of CEO Mark Langer for a further three years. He will continue to serve as CEO of the German brand until December 2021.
Eleven countries are expected to sign a landmark Asia-Pacific trade agreement in Santiago on Thursday, as an antidote to the increasingly protectionist bent of the United States, which last year pulled out of the pact.
With the relocation of its court hearing, Under Armour has gained a small advantage in a recent trademark dispute where the active brand was sued for copying a smaller label's "I Can" graphics for apparel lines.
The German logistics group said it expected a further increase in earnings after a 7.2% jump in 2017 profit, with online shopping driving demand for parcel deliveries and a turnaround at its freight unit taking hold.