68% of UK retailers still have no plans in place for Brexit
According to a survey of 250 British retail decision-makers commissioned by Global-e, 21% of retailers have seen sales increase in the UK, while 30% have seen sales fall…
EssilorLuxottica deadlock set to drag on after arbitration request
French lenses producer Essilor and Italian frame manufacturer Luxottica merged last October, creating the world’s largest eyewear maker in a 54 billion euro (46.23 billion pounds) deal.The two…
Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years- IMF
Policymakers must offer targeted support to households and firms hardest-hit by travel bans, social distancing policies and other measures aimed at containing the pandemic, said Changyong Rhee, director…
Scotch & Soda adds compostable packaging in major eco drive
It’s using bioplastic TIPA bags is part of the brand’s “aim to step away from conventional plastic polybags for all product categories by 2025, supporting the brand’s sustainability…
Tangy, from China to Paris, an ode to lacquered silk
The new Paris boutique sells exclusively the Tangy Collection women’s ready-to-wear and home decoration lines, which are available in China at the label’s ten Tangy Collection stores. Tangy…
UK second-quarter retail sales growth strongest since 2004, but apparel suffers
Retail sales volumes in June alone were down 0.5 percent from May as the World Cup kept some shoppers out of stores and at the low end of…
Alibaba CEO says China’s draft anti-monopoly rules ‘timely and necessary’
Speaking at the World Internet Conference, Zhang said Chinese internet companies have moved to the forefront of the global industry with the help of government policies, but regulations…
Luxury brands must upgrade their offerings in Russia, says report
Following a difficult trading year in 2015, luxury sales in the country have grown 5% compared to the previous year and the market is now valued at…
VF commits to net-zero emissions by 2050 with signature of Fashion Industry Charter for Climate Change
VF, which owns Vans, The North Face, Timberland, Wrangler and Lee, therefore joins more than 40 companies working in the fashion and apparel industry that have committed to…