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Adidas puts US brand Reebok up for sale
Adidas puts US brand Reebok up for sale
Credit: / Camilla Carvalho

Sporting goods manufacturer Adidas is preparing to divest its US subsidiary Reebok. A formal sale process is to be initiated, the company announced. In the future, Adidas wants to concentrate entirely on its brand with the three stripes. The Group had come to the conclusion "that Reebok and Adidas can significantly better exploit their growth potential independently of each other", explained CEO Kasper Rorsted. The Adidas share price hardly reacted on balance.

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Report: Pakistani workers make clothes way under minimum wage that are sold by Boohoo
Report: Pakistani workers make clothes way under minimum wage that are sold by Boohoo
Credit: / J Williams

Getting paid 10,000PKR (£47) a month, well below the legal monthly minimum wage for unskilled labour of 17,500PKR, workers in Pakistan in two factories made clothes for the fast fasion rand Boohoo according to an investigative report by the Guardian.

Video material also shows work conditions that pose potential safety issues.

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The Japanese fashion designer Kenzo Takada has died after contracting Covid-19
Kenzo Takada
Kenzo Takada Credit: michell zappa (Creative Commons Attribution 3.0)

Japanese designer Kenzo Takada, creator of the clothing and perfume brand "Kenzo", died Sunday, aged 81, a victim of the Covid-19. The information was announced by his spokesman.

First Japanese stylist to be successful in Paris, where he developed his entire career and made his name famous, he died at the American Hospital in Neuilly-sur-Seine.

Kenzo was famous not only for his clothes but went on to create a global brand of perfume and skin products. At the time of his death, he was acting honorary president of the Asian Couture Federation.

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Samira Nasr named first black Editor-In-Chief of US Harper's Bazaar
Screenshot of Samira Nasr's statement on Hearst's Instagram account
Screenshot of Samira Nasr's statement on Hearst's Instagram account Credit: hearst via Instagram

Samira Nasr has been appointed as Editor-in-Chief of publisher Hearst's fashion magazine Harper's Bazaar, making her the first woman of colour to hold the top editor position in the magazine's 153-year history. Nars, the daughter of a Lebanese father and Trinidadian mother, is leaving her position as fashion director at Condé Nast's magazine Vanity Fair and will begin work at Harper's Bazaar on July 6.

In a video posted to Hearst's Instagram account, Nasr introduced herself and said: "At this particular moment in our nation's history, I am honoured to be at the helm of such an iconic brand. As the proud daughter of a Lebanese father and Trinidadian mother, my worldview is expansive and is anchored in the belief that representation matters. My lens by nature is colourful, and so it is important to me to begin a new chapter in Bazaar's history by shining a light on all individuals who I believe are the inspiring voices of our time."

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German Fashion Week moving from Berlin to Frankfurt
Berlin Fashion Week 2013
Berlin Fashion Week 2013 Credit: Patrick Raczek (Creative Commons Attribution 2.0)

Germany's major biannual fashion event will leave Berlin and move to Frankfurt.

Frankfurt Mayor Peter Feldmann said in a statement "This will transform the financial center of Frankfurt into a new hotspot for the international fashion and lifestyle scene and create a new, international fashion metropolis,".

Organised in Berlin since 2007, Fashion Week has taken place twice a year. The last edition in January drew around 70,000 visitors and dozens of designers.

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H&M prepares to use its capacities to supply EU with protective gear for hospitals

According to Reuters, H&M has agreed to supply the EU with protective gear for hospitals with an emphasis on face masks. After an initial offer by H&M the company and EU representatives had agreed on using the companies global network of suppliers, mainly located in China, India, Bangladesh and Vietnam, to curb the evergrowing demand after protective gear for hospitals. This will in the initial phase come in the form of a donation by the company. Inditex, owner of the brand Zara and a main competitor of H&M, had before made a similiar offer to the country of Spain.