November 4, 2026
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EU Slaps AliExpress With €550 Million Fine Over Illegal Products

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The European Commission has imposed a record €550 million fine on Chinese e-commerce platform AliExpress for failing to prevent the sale of illegal products, including counterfeit clothing, unsafe toys, and hazardous cosmetics. The penalty, issued under the EU’s Digital Services Act (DSA), follows findings that the company did not adequately remove illegal listings Continue Reading
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Chanel Cooperates with Italian Probe into Supply Chain Labour Practices

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French luxury fashion house Chanel said it is fully cooperating with Italian authorities in an investigation into alleged labour exploitation involving subcontractors in the luxury goods supply chain. The company confirmed it had already moved to sever ties with the subcontractor in question after receiving an alert on May 18, directing its packaging supplier to […]Continue Reading
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Nike Unveils Keely Hodgkinson’s First Signature Athlete Collection

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Nike has launched the first signature athlete collection for British middle-distance star Keely Hodgkinson, celebrating the Olympic champion with a range of performance apparel and footwear inspired by her achievements and personal style. The collection, designed in collaboration with Hodgkinson, features a sleek black color palette accented with metallic gold to symbolize Continue Reading
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UK Influencer Ordered to Pay £213,000 for Selling Fake Luxury Goods

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British content creator Georgia Aldridge has been ordered by the UK High Court to pay £213,000 in damages to several LVMH-owned luxury brands after being found liable for selling counterfeit designer products to her social media followers. The compensation will be shared among brands including Fendi, Loewe, Dior and Celine, which alleged that Aldridge’s activities Continue Reading
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Morrisons in Talks for £600 Million Real Estate Financing Deal

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British supermarket group Morrisons is in discussions with several parties, including US-based Realty Income, over a potential £600 million ($803 million) real estate financing deal, according to a Sky News report citing industry sources. The proposed transaction is not expected to follow a traditional sale-and-leaseback structure but may instead involve financing secured Continue Reading
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V. P. Nandakumar Contributes US$1.5 Million for Global Humanitarian Causes

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  Mr. V. P. Nandakumar, Chairman and Managing Director of Manappuram Finance Ltd., has contributed US$1.5 million to Lions Clubs International Foundation (LCIF), the charitable arm of Lions International. The contribution will support the foundation’s humanitarian programmes across the world, including initiatives in education, healthcare, disaster relief, youth Continue Reading
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Martin Margiela’s Personal Fashion Archive Fetches €1.39 Million at Paris Auction

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A rare collection from the personal archives of legendary Belgian fashion designer Martin Margiela fetched €1.39 million at an auction in Paris, marking an extraordinary moment for admirers of the famously private designer. The 195-piece sale, organised by Maurice Auction in collaboration with Kerry Taylor Auctions, featured sketches, prototype designs, Hermès creations, Continue Reading

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