Global fashion performance “not so good” in the third quarter
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Mexico raises tariffs up to 35% to support jobs in the textile sector
By Bloomberg Published December 20, 2024 Mexico has increased tariffs by up to 35% on products that could affect its…
Luxury brands are betting on lower-priced products to attract middle-class buyers
By Reuters Published December 20, 2024 Faced with a broad decline in demand for their usual products, including handbags priced…
Japanese Wajima artisans see hope in disaster-hit region (#1688809)
By AFP Published December 30, 2024 Lacquer maker Takaho Shoji leans over his desk in the disaster-stricken city of Wajima…
French billionaires suffer biggest hit in history as luxury goods crash (#1688784)
By Bloomberg Published December 29, 2024 For France's biggest billionaires, 2024 was a year to forget as their combined fortunes…
Nordstrom family to take chain private in $6.25 billion deal (#1688293)
By Bloomberg Published December 23, 2024 Nordstrom Inc. will go private in an all-cash transaction valued at about $6.25 billion…
Jimmy Choo to open new supply chain office near Florence (#1688344)
Translated by Nicola Mira Published December 23, 2024 On January 7, Jimmy Choo will open its new global supply chain…
Global luxury brands deliver balanced performance in Q2, Q3 FY25
In the second and third quarters of FY25, four luxury fashion companies demonstrated balanced performance. Ralph Lauren and Brunello Cucinelli…
China revises 2023 GDP upwards to $17.73 trillion, rules out impact on 2024 figure (#1688671)
By Reuters Published December 27, 2024 China revised up its gross domestic product (GDP) for 2023 by 2.7% to 129.4…
China extends anti-dumping investigation on EU brandy for three months (#1688584)
By Reuters Published December 26, 2024 China's Ministry of Commerce said on Wednesday it would extend its anti-dumping investigation into…