There is no such thing as free shipping.

Jeremy Scott, creative director of Italian luxury label Moschino, is stepping down after a decade in the role, owner Aeffe said on Monday.

France's Kering, owner of luxury brands Gucci and Yves Saint Laurent, on Friday pledged to reduce its absolute greenhouse gas emissions by 40% by 2035 from 2021 levels, amid increased scrutiny of environmental issues among consumers.

Asia was an outlier for Zara owner Inditex last year, the only region where profits fell as China faced COVID-19 lockdowns, while profit ballooned in the Americas, the fashion retailer's annual report showed on Thursday.

Cotton stocks in India could fall by nearly 16% in 2022/23 from a year earlier to their lowest level in nearly two decades as adverse weather curtailed crop yields, a leading trade body said on Thursday.

European shares on Wednesday had their worst day in over a year as a selloff in bank stocks resumed on renewed investor concerns about stresses within the sector, with Credit Suisse plunging to a fresh record low.

Zara owner Inditex's spring-summer 2023 collection has flown off the shelves over the past six weeks, the fast-fashion retailer said on Wednesday, in a sign that sales are keeping pace after a strong 2022.

Analysts sees profit loss in Q1 and cost pressure to continue

British luxury brand Burberry said on Wednesday it had appointed Kate Ferry as its next chief financial officer, succeeding Julie Brown, who is joining GSK.

British luxury brand Burberry said on Wednesday it had appointed Kate Ferry as its next chief financial officer, succeeding Julie Brown, who is joining GSK.