E-com game-changer Stitch Fix has reportedly hired investment banks for an IPO that could value the US personalized fashion retailer between $3 billion and $4 billion. It would the biggest US e-commerce IPO since Etsy.
Dutch fashion retailers are paying "starvation wages" at factories in a major hub for the global garment industry in southern India, forcing many workers into crippling debt, a report on Tuesday showed.
The Milanese lifestyle retailer will open its first North America store at the revitalized Seaport District in New York City. The 13,000-square-foot store will be designed by American artist Kris Ruhs.