Gianni Versace SpA
Six of Italy's largest textile suppliers have reaffirmed their commitment to eliminating hazardous chemicals from their supply chains, highlighting the work they have completed to date.
The latest reports from just-style's research store include an in-depth look at specialist apparel and footwear retailers in Mexico, hosiery in France, and a profile of fashion giant H&M in the UK.
Private equity firm Blackstone Capital has taken a 20% stake in Italian fashion house Versace in a deal valuing the company at EUR1bn (US$823.31m).
Among the most-read stories on just-style this week were claims that hazardous chemicals have been found in luxury children's clothing and footwear, calls by Cambodian labour unions for a mid-March strike, and a comment on new initiatives aimed at making it easier for factories to compete while improving wages and working conditions.
Hazardous chemicals have been found in children's clothing and footwear produced by luxury fashion brands Versace, Louis Vuitton and Dolce & Gabbana, according to a new investigation.
As safety inspections on more than 1,500 Bangladeshi garment factories supplying a group of mainly European retailers got underway last week, just-style spoke with Brad Loewen, the top safety official overseeing the effort.
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