Retail
Online retailers see sharp rise in retail fraud
The fashion and retail industry has seen a surge in account takeover fraud, as cases filed to the UK's National Fraud Database (NFD) jumped by 142 percent in the first half of 2024, according to data from Cifas, the UK's leading fraud prevention service. The increase poses a significant challenge for online retailers, particularly in the fashion...
Business
Fashion Week: Profitable investment or poker move?
Fashion week, while a true showcase for the fashion industry, is a complex strategic operation. Paris Fashion Week kicked off on 23 September, offering experts the chance to take a look behind the scenes of such an event. Recent reports reveal the fundamentals of this industry: the costs are exorbitant, but so are the profitability stakes. So...