The death toll from the collapse of the Rana Plaza garment factory in Bangladesh swelled to more than 1,000 workers, cementing its place among a grisly lineup of the world’s worst industrial disasters and reinforcing calls that the tragedy lead to lasting change.
PVH Corp., the owner of the Tommy Hilfiger brand, agreed to buy Warnaco Group Inc. in a $2.9 billion transaction, bringing all Calvin Klein-branded apparel under one roof in the largest clothing-industry deal announced in 2012.
Australia will become the first country to require cigarettes to be sold in uniform packages after its top court rejected a challenge from tobacco companies, setting a precedent for other nations to follow.
Calvin Klein, the largest brand owned by Phillips-Van Heusen Corp., expects sales in China to increase as much as 30 percent annually over the next three years, making the nation its biggest Asian market.
Mohamed Talaat Khalifa says if trucks carrying his company’s garment exports manage to avoid unrest at Egyptian ports and secure scarce diesel, he can’t escape banks charging more money to do business.
Joh. A. Benckiser’s plan to buy D.E. Master Blenders 1753 NV already has analysts pondering the investment firm’s next move. One possibility: An asset swap with Beiersdorf AG’s largest shareholder, the Herz family’s Maxingvest AG, which owns German coffee company Tchibo GmbH.