Dominion Diamond investors urge it use cash for buybacks

The cash pile is equal to about 35 percent of Dominion’s market value. The miner also has nearly $250 million worth of diamond inventory and is virtually debt-free.”The allocation of…

Carolina Blázquez of Ecoalf- Regeneration marks the next step in sustainability

FashionNetwork.com: What sustainability projects is Ecoalf currently working on?Carolina Blázquez: Sustainability projects are part of the company’s overall strategy. We work on four main fronts: decarbonization, water protection—both through the…

Centric Brands partners with Black Talent in Design & Fashion Fund

The BTDF Fund directly supports underrepresented communities within fashion and design undergraduate programs to ensure they are able to complete their degree without unnecessary roadblocks, including tuition gaps or a…

Chinese court awards New Balance $1.5 million in trademark case

The amount of compensation, though small by international standards, is according to lawyers one of the highest to be awarded to foreign companies in trademark disputes in China.The ruling follows…

Spanish ceramics manufacturer Sargadelos accuses Dolce & Gabbana of plagiarism

Sargadelos may not be internationally known, but it is a benchmark name in traditional Spanish ceramics. In Galicia, it is rare to find a household where Sargadelos tableware, coffee sets,…

In Austria, digital and sustainable fashion comes first

 Although Austria is a mature market and smaller in size than others, the local retail sector offers great opportunities for brands that can identify and cater to a specific niche.…

U.S. retail sales post largest gain in 10 months; weekly jobless claims fall

The brightening economic prospects were underscored by other data on Thursday showing first-time claims for unemployment benefits tumbled last week to the lowest level since March 2020, when mandatory closures…

A $245 billion selloff signals less sparkly future for luxury stocks

Disappointing sales figures from the owner of Louis Vuitton and Christian Dior sent a shudder through a luxury industry that had grown accustomed to stellar growth at the world’s biggest…

Swiss firm Archroma to acquire Textile Effects business of Huntsman

Since its formation in 2013, through a series of mergers and acquisitions, as well as internal investments in R&D, manufacturing and service capabilities, Archroma has been building a comprehensive portfolio…