In fashion in particular, 2018 was marked by the resounding €1.83 billion acquisition of Italian label Versace by US group Michael Kors, which then changed its name to Capri Holdings. It is worth noting that 2017 was quite a flat year in terms of merger operations: only six extra deals were recorded compared to 2016, which instead produced 70 more deals than 2015.Top of the ranking for 2018 w…
Read moreWhile retail parks have been the most buoyant UK retail destination types, the survival of many is still in doubt and now the Ravenside site in Edmonton is to be converted after its acquisition by Prologis. It’s worth more to the owner as a distribution hub for all those e-tailers that need vast warehouses to service their webstores. Pureplays like Amazon, Argos, Boohoo and Asos are snapping…
Read moreCalled the ‘GM Sustainable Textiles and Fashion Group’, it will include Manchester Metropolitan University experts, the Greater Manchester Combined Authority (GMCA), the Manchester Fashion Institute and fashion and textile companies to find solutions to the region’s growing waste problem. To do this, a range of methods will be explored, including evaluating recycling and sorting practice…
Read moreThe haul included an array of highly sought-after items such as luxury watches, handbags, cosmetics and fins from endangered marine species.Officials said the goods were worth about HK$1.2 billion ($154 million), by far the largest seizure made by the city’s customs agents.
The operation took place on October 14 when customs discovered what they said was a suspicious vessel that claimed t…
Read moreVia Instagram, the brand posted messages – presumably penned by Jean-Raymond, although the author is not directly identified – saying that the Pyer Moss office in New York City will be converted to a donation center for needed medical supplies, particularly masks and latex gloves. “In the last few days; I’ve been getting an influx of messages from medical professionals on the front lines, who …
Read moreAs the pandemic batters the global economy, numerous Western retailers have cancelled orders or demanded discounts from suppliers in countries such as Cambodia, Myanmar and Thailand, leading to many workers going without pay or being sacked.Unions and activists in the region said factory bosses were targeting and firing union members while keeping on non-unionised workers, and feared that the o…
Read moreThe U.S. tech giant was found in 2022 by London’s Court of Appeal to have infringed the trademarks. Amazon appealed last year to the United Kingdom’s Supreme Court, which unanimously ruled that its U.S. website was “targeting consumers in the UK”.Amazon declined to comment on “ongoing proceedings”.
Intellectual property lawyers said the ruling could affect all online retailers, who would …
Read moreUnilever, the Anglo-Dutch consumer products company whose brands include Dove soap and Knorr soup, said it was responding to the “scale and urgency” of the climate change crisis.The fund will invest in projects including reforestation, water preservation and carbon sequestration over the next ten years, it said.คำพูดจาก Read more
The 20 organizations – which include the U.S.-based Public Citizen, Access Now from Europe and the Brazilian Institute of Consumer Defense – argued that the deal would expand the already considerable clout in digital markets of Alphabet Inc’s Google.Acquiring Fitbit would give Google such intimate information about users as how many steps they take daily, the quality of their sleep and their …
Read moreThe French fashion house in 2022 sued Mason Rothschild to recover profits he made by selling NFTs depicting Birkin bags covered in colorful fur without seeking Hermes’ permission, claiming Rothschild sought to trick consumers into believing he had partnered with Hermes to sell the digital assets.”He wanted to cash in on the Birkin name,” Oren Warshavsky, a lawyer for Hermes, told jurors in clos…
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