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Tod’s CEO defends company ethics following labour exploitation allegations

"Made in Italy is one of our country's excellences, recognised worldwide," explained Diego Della Valle last Friday from Tod's headquarters in Milan. The executive's comments came after the city's Public Prosecutor's Office requested judicial administration for the Marche-based company, Tod's SpA, for allegedly negligently facilitating "severe...

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Business

Can blockchain and NFC chips put an end to counterfeiting and idea theft in the fashion industry?

The fashion industry is facing a double threat: a rise in counterfeiting that eats into their profits and a fast-fashion culture that copies designs with impunity. But blockchain offers a glimmer of hope. Or rather, a concrete answer. Blockchain: Tracking a fashion item’s entire journey A blockchain is essentially “a large, public, distributed...

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