Cambodia's Prime Minister promised on Monday to give tax breaks to garment factories hit by supply chain disruptions from the coronavirus epidemic and higher tariffs after the EU withdrew trade preferences.
Dubai-based retail developer Majid Al Futtaim said on Monday its annual EBITDA and revenue edged higher, sharply slowing from the pace of growth seen in 2018, amid challenging conditions in its key Middle East markets.
EU antitrust regulators on Tuesday extended their investigation into Ray-Ban maker EssilorLuxottica’s 7.2 billion-euro bid for Dutch opticians group GrandVision by two weeks to July 6, according to an EU filing.
The footwear company announced a slight increase in its fourth-quarter sales on Tuesday, but plummeted into loss as expenses related to environmental litigation took their toll on the group’s bottom line.
Vietnamese garment makers will face a severe shortage of materials because the new coronavirus has disrupted their supply chains, the chairman of the Vietnam Textile and Apparel Association said on Tuesday.
An LVMH group stalwart, Sidney Toledano talks about his time at Dior with Hedi Slimane and John Galliano in the latest LuxurynsightXFashionNetwork podcast, also discussing his challenges as CEO of LVMH Fashion Group.
Japanese label Mame, by designer Maiko Kurogouchi, kicked off Paris Fashion Week with a collection that interpreted Japanese manufacturing in a poetic and wearable manner, making for an emotional show.
UK women have been going to M&S for its bra fitting service for many years, and the retailer is now digitising a part of the process to improve the customer experience, support its buying teams and boost market share.