Watches of Switzerland directors purchase £890,000 of stock
Chief Financial Officer Anders Romberg, Chairman Ian Carter and non-executive directors Tea Colaianni and Robert Moorhead spent an aggregate of about £890,000 ($1.1 million) buying more than…
Read moreAmazon’s Deliveroo deal faces in-depth UK competition probe
Amazon led a $575 million fundraising by Deliveroo in May and the probe could disrupt the e-commerce giant’s efforts to compete with Uber Eats, Just Eat and…
Read moreBlue-collar director vote gives U.S. labor another crack at Amazon.com
A resolution from shareholders including nonprofit Oxfam America calls for Amazon to consider nominating an hourly employee to its board. The proposal picked up valuable, and rare,…
Read moreBrexit and e-shopping deal another big blow to UK physical stores – Springboard
Footfall had grown 0.2% in November 2017 but it hasn’t grown since and so the latest figures marked a full years’ worth of declines. The East, South…
Read moreCattle slaughter crackdown ripples through India’s leather industry
The election of Indian Prime Minister Narendra Modi of the Hindu nationalist Bharatiya Janata Party (BJP) three years ago has emboldened right-wing Hindu groups to push harder…
Read moreFashion companies commit to carbon neutrality by 2030
The commitment was announced last week in the context of the UN Climate Change Conference, COP25, which drew to a close in Madrid on Friday.The 500+ B…
Read moreAsia-Pacific leads in global textile yarn market- report
Increasing investment from multinational manufacturers in the United States and Canada will propel the growth of the North American market, whereas the market in Latin America and…
Read moreQ3FY16 net soars 23.8% at Nandan Denim
According to a Nandan Denim press release, net sales for the reporting quarter were higher by 3.5 per cent from a fiscal ago period at Rs 287.37…
Read moreSummer dresses, shoes, make-up really did sell well in lockdown says report
It said that 33% “found that their purchases made lockdown more enjoyable and 28% bought things that would make them, or their family happy”.The big surprise was…
Read moreTemu’s win over Shein in the US is hurting its bottom line
Sales on the platform that’s backed by Chinese heavyweight PDD Holdings Inc. first topped fast-fashion-focused Shein in May in the US, when it beat its rival by…
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