More full-price sales mean small UK fashion bounce-back says study

That’s how much the UK clothing, footwear and accessories market grew in the year to 24 September 2017, following 16 periods of decline dating back to June 2016.  Market…

Record passengers as airline industry recovers from pandemic

The International Air Transport Association (IATA), in its traditional review of industry trends as the year draws to a close, said more normal growth patterns were expected from…

U.S. regulators approve $5 billion Facebook settlement over privacy issues

The FTC has been investigating allegations Facebook inappropriately shared information belonging to 87 million users with the now-defunct British political consulting firm Cambridge Analytica.The probe has focussed on…

U.S. bankruptcy judge approves sale of Sears to Chairman Lampert

Judge Robert Drain approved the sale after a hearing spanning several days in a White Plains, N.Y., federal bankruptcy court. He overruled objections, including from an unsecured creditors…

Weak jewellery sales to peg gold below $1,300 in 2019

In 2018 gold XAU= fell for the first time in three years as rising stock markets and higher U.S. interest rates offered better returns and a strong dollar…

Brands react to latest sub-minimum wage report as supply chains stay in spotlight

Nike, H&M, Gap, Tesco and Marks & Spencer are among major brands sourcing clothing from Karnataka saying they were committed to paying the legal minimum wage and expected…