American garment workers paid as little as 1.58 dollars per hour

American garment workers are paid as little as 1.58 dollars per hour, according to a report released by the U.S. Department of Labor. A survey of Southern California garment-sewing contractors and manufacturers has found workers making garments sold by many of the nation’s leading fashion retailers often continue to be victims of wage theft and...

31 Mar 2023


Beauty and cosmetics news round-up for Q1 2023

The first quarter of 2023 was filled to the brim with an array of ups and downs in the beauty sector. While many took to integrating new hires and carrying out various degrees of expansion plans, others were attempting to simply find stable footing after years of market uncertainty. It was also a period of significant change for many brands and...

31 Mar 2023


Esprit navigates tough 2022, gears up for brand relaunch

Esprit Holdings Limited reported total sales of 7,063 million Hong Kong dollars and a gross profit margin of 40.7 percent for 2022 fiscal year, down 15 percent and 7.9 percent, respectively. The company faced the challenging fiscal year as it prepares for the official brand relaunch in mid-2023. Commenting on the trading performance, Pak William...

31 Mar 2023


The retail store of tomorrow will be staffed with avatars, robots and holograms

Physical stores will soon employ less humans but offer better customer experience. So say innovation leaders in the retail technology space. While this might be an answer to the staff shortages and worker strikes plaguing businesses post-pandemic what will it mean for the average shopper? “Avatarizing service people” is how Germany-based...

30 Mar 2023

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