China Q1 GDP tops forecast, but March weakness raises outlook risks By Reuters China’s economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an outlook already…
Amazon acquires Belgian robotics company Cloostermans Translated by Cassidy STEPHENS American online retail giant Amazon Shutterstock “With its expertise in engineering, robotics and machinery, we will be able to deploy new solutions more quickly at our sites to improve the…
Strong 2021 sales puts Coats Group on a positive footing Coats is back with a bang. The industrial threads maker delivered an impressive set of full-year figures Thursday as the trials and tribulations of the pandemic look to be well…
Mark Zuckerberg meets Italian luxury industry’s top names in Milan Translated by Nicola Mira Mark Zuckerberg Ansa A picture posted on social media by Mark Zuckerberg, shown with Leonardo Del Vecchio – Ansa Zuckerberg met with Italian Prime Minister Mario Draghi…
K-Swiss names new VP of marketing and director of e-commerce K-Swiss Vice president of marketing, Anna Amador (left) and director of e-commerce, Kristina Barclay (right) – K-Swiss Amador joins the company with marketing experience from brands such as SkechersAdidasNike In…
JD Sports appoints Andy Higginson chairman JD Sports DR The company said Higginson “is a highly experienced and proven retailer and Chair with over 28 years of continuous non-executive director experience on PLC boards, including senior leadership roles over nearly…
Indian banks to start debt recovery proceedings against Future Retail, say sources By Reuters API Indian lenders are set to initiate debt recovery proceedings against Future Retail Future, hit by the pandemic, has been struggling to pay off its debt…
Sycamore makes £250m bid for Ted Baker – report US private equity group Sycamore Partners has reportedly made a concrete offer for Ted Baker Reuters That’s according to Sky News, which said Sycamore has launched a 130p per share offer,…
Israel Fashion Week: two opposing generations, one great fashion college, Shenkar Tel Aviv, a high-tech capital as well as a beachside city that recalls elements of Miami, Jersey shore and Munich, is caught between two generations as its fashion community…
Hera names rapper J Fado as first global ambassador UK streetwear brand Hera Clothing has appointed its first global ambassador — British rapper J Fado. It’s part of the label’s “new journey to create and foster meaningful relationships with ambassadors…
