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…

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Amazon’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…

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Blue-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,…

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Brexit 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…

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Cattle 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…

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Fashion 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…

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Asia-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…

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Q3FY16 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…

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Summer 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…

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Temu’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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