Brands

Top fashion brands still lagging on gender equality

A new World Benchmarking Alliance's Gender Benchmark index shows that the lowest-scoring companies include Urban Outfitters, The Foschini Group (TFG) — the owner of G-Star Raw — and Zhejiang Semir Garment, a Chinese clothing giant.

Luxury group LVMH posts record annual sales of $59 billion

LVMH, the world's biggest luxury retailer, says that its net profit jumped by 13 per cent from 2018 to $7.89 billion (7.17 billion euros) .