Comité Colbert- French luxury association ups promotion of industry worldwide
The association’s new global tour will start in July. In a press release, the Comité Colbert announced that several of its members “will accompany the President of…
Australian drought, sporty shoppers push up prices of wool clothing
“The wool price has increased consistently over the past three years,” said Silvio Botto Poala, Chief Executive Officer of Botto Giuseppe, a 142-year-old company. “But the big…
NRF survey says holiday shoppers will spend 4.1 percent more this year
According to the survey, consumers will divide most of their holiday shopping between gifts at $637.67; related holiday items like food, decorations, flowers and greeting cards at…
Bolt Threads boosts eco brands’ access to Mylo vegan leather
It said it will be offering preferential access to Mylo to brands that “commit to eliminating virgin animal leather from their product lines in a newly formed…
Retailer Amazon nears victory in rainforest battle over domain name
Amazon Inc has been seeking rights to the domain name since 2012. But Amazon basin countries Brazil, Bolivia, Peru, Ecuador, Colombia, Venezuela, Guyana and Suriname have argued…
Trump foreign policies could hurt, help his business empire
A review of press releases published on the Trump Organization website shows that 15 of 25 new acquisitions or joint ventures announced over the past five years…
U.S. lobby group urges India not to tighten foreign e-commerce rules
The U.S. companies deny any wrongdoing.India only allows foreign e-commerce players to operate as a marketplace to connect buyers and sellers but local traders say the U.S….
Brazil consumers drive recovery as investment lags
Instead the economic recovery has some investors betting that consumer-facing firms – such as retailers, healthcare companies and apparel makers – are better positioned to benefit from…
Threat of major redundancy plan looms over La Perla
The unions underlined that La Perla’s announcement didn’t mention any recovery plan. The senior management, in a communique cited on Italian media, simply stated that the company…
Swiss watch exports increase by 10.2% in September
Watch exports to Hong Kong continued to fall in September, as the area was shaken by pro-democracy protests. Exports saw an annual decline of 4.6%, according to…