China retaliates for US tariffs; markets skid

The speed with which the trade struggle between Washington and Beijing is ratcheting up – the Chinese government took less than 11 hours to respond with its own…

Fashion sales dropped 20%+ last month, despite online surge – BDO

On Friday, the BDO High Street Sales Tracker for June showed non-food physical retail suffered a 14.4% decrease in sales last month, although this was the best result…

British luxury producers cheer US tariff suspension

Luxury trade body Walpole, which represents more than 270 UK-based companies, joined in welcoming the joint announcement from the new US administration and the UK government. Helen Brocklebank, Walpole…

Harding-Rolls to lead new Eco-Age Advisory Division

The company, whose clients include Golden Goose, UGG, Harrods and Natural Diamond Council, among others, said its new division “will guide businesses through the evolving landscape of emerging…

Japan business lobby urges sales tax hike to proceed as planned

“With just a few months left before October, it’s impossible to delay it again.”While a tax hike could hurt growth, it would also help Japan achieve fiscal reform…

Pence backs Hong Kong protests in China speech, slams NBA and Nike

In a major policy speech on China that touched on an array of disputes ahead of talks with Beijing to ease a trade war, Pence said the United…

The Danish beauty industry- exploring the brands unveiled at CIFF x Revolver

The success of Rudolph Care With one of the busiest stands at the fair, the sustainable premium brand Rudolph Care affirmed the consolidation of its business during the…

Sustainable collections- How big brands approach eco-friendly fashion

The first observation made by Lectra’s CSR director, Elie Khayath, is that, “the global coronavirus pandemic has absolutely not relegated sustainability to the background, quite the contrary.”However, not…

Swiss watch exports suffer first monthly decline in two years

Shipments fell by 0.9% last month to 2.2 billion Swiss francs ($2.5 billion) with China driving the downturn, the Federation of the Swiss Watch Industry said Tuesday. Exports to…