Swiss watch exports fall 3.8% in November
By AFP Translated by Roberta Herrera Published December 19, 2024 Exports of Swiss watches decreased by 3.8% year-on-year in November,…
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UK lawmakers summon Shein and Temu for questioning over labor practices
By Reuters Published January 5, 2025 Online fast fashion retailer Shein, which hopes to list in London, faces a hearing…
Inside the failed luxury goods audit system
By Reuters Published January 1, 2025 Dior's LVMH-owned manufacturing arm in Italy, Manufactures Dior, relied on formal inspections to assess…
German brand Hugo Boss appoints James Foster to lead global marketing
James Foster has been appointed senior vice president of global marketing at HUGO BOSS. He will officially join the company…
Italian manufacturing sector stuck in slowdown in December, according to PMI
By Reuters Published January 3, 2025 Italian manufacturing activity contracted for the ninth straight month in December, although at a…
US Marquee Brands acquires iconic Laura Ashley for global expansion
Marquee Brands, the global brand accelerator and owner of 17 world-renowned brands, announces the strategic acquisition of Laura Ashley, the…
Amazon must face part of online retailer's pricing lawsuit, US judge rules
By Reuters Published January 3, 2025 Amazon.com has failed to dismiss a lawsuit that accused the e-commerce giant of harming…
Western luxury goods line Russian stores after three years of sanctions
By AFP Published January 1, 2025 Despite an avalanche of Western sanctions and a large number of brands leaving Russia…
UK Quiz's H1 2024 revenue falls 7.6%, gross profit 6.5% year-on-year
British omnichannel fashion brand Quiz plc has reported revenue of £39.1 million (~$47.31 million) in the first six months (H1)…
China's December factory activity expands at slower pace as trade risks rise
By Reuters Published January 1, 2025 China's manufacturing activity grew for a third straight month in December, but barely, an…