Animal rights activists protested in Pyeongchang on Tuesday, adding that PETA’s campaigns over the last 15 years in Asia were gaining traction and that they had contributed to a dramatic decrease in fur sales in China.
Threatened by a critical financial situation, reports say that the couture house is in negotiations with different investors concerning the sale of a majority stake – reports that the label dismisses as "rumors".
Stone Fashion Group and Stylefair International have reached an agreement on the acquisition of jacket label Beaumont. From the fall 2018 collection, the Dutch brand will be part of Stone Fashion’s portfolio.
Indian federal agents said on Monday they had launched an investigation into billionaire jeweller Nirav Modi, one of the country's richest men, over accusations that he and others defrauded a state bank of $44 million.