Business

Saying farewell to a throwaway fashion industry

Fast fashion is a lucrative business model offering trendy, mass-produced replica catwalk trends and haute couture designs at bargain prices. While enticing consumers to spend, it has paved the way for a throwaway culture ...

Business

TikTok owner ByteDance launches e-payment service

TikTok owner ByteDance has begun rolling out an electronic payment service connected to Douyin, the Chinese version of the popular short video app, the tech giant said Tuesday.

Second-hand site Vinted happy to scare clothing retailers

With more than 1.3 billion euros ($1.5 billion) in sales last year on its platform and a new acquisition under its belt, second-hand clothes innovator Vinted believes it is starting to scare fashion retailers—for the good ...