Fast-fashion retailer H&M plans to close 250 stores next year as the coronavirus pandemic pushes its customers online. The Swedish chain on Thursday said it’s accelerating plans to slim down its brick-and-mortar portfolio amid the COVID-19 crisis, which continued to weigh on its sales through September. “More and more customers […]
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Karen Millen hits out at “greed” of fast fashion in wake of Boohoo scandal
Getty Images The founder of Karen Millen today hit out at the state of the fashion industry in the wake of sweatshop allegations engulfing the brand’s current parent Boohoo. The clothing entrepreneur set up her eponymous brand with ex-husband Kevin Stanford in 1981, sold it to Icelandic investors in 2004 […]