Latest in Government and Trade
China’s Economy Grew 5.2% in 2023; Retail Sales Rose 7.2%
Cosmetics sales were up 5.1 percent to about $58 billion, according to data from the National Bureau of…
What to Watch: Surviving an Election Year on Edge
From frazzled consumers to congressional gridlock, fashion faces a tough road ahead in what will be an…
U.S. Extends China Tariff Exclusions for Five Months
House members say the U.S.-China relationship has to be reconfigured, taking into account medical products…
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France Slaps Rolex With 91.6 Million-euro Fine for Banning Online Sales
The French competition watchdog said the measure had been disproportionate given other brands had found ways…
Assessing G7 and European Union’s Russian Diamond Ban
The ban and coming traceability requirements closed a loophole that could have seen a diamond mined in Russia…
Alibaba Halts Cloud Spin Off, Revenue Grows 9% in Q3
Shares tumbled around 10 percent after the announcement on Thursday.
New York Launches Task Force to Fight Retail Theft
Retailers such as Gap, Macy's and Victoria's Secret will join city officials and law enforcement agencies on…
LVMH Celebrates Cultural Exchange at the Sixth Edition of CIIE in Shanghai
During CIIE's opening day Sunday, LVMH delegates met with China's commerce minister and hosted a series of…
UNESCO Maps Out Path to Success for African Fashion Industry
In a report presented at Lagos Fashion Week, the United Nations' cultural agency detailed recommendations for…
Peak Holiday Shipping Season Is Over as Shoppers Bought Earlier and Retailers Imported Sooner
Warehouse inventories are nearing pre-pandemic levels as consumers whittle down purchases and devote more…
Major Fashion Events in the Middle East Canceled or Postponed as Israel-Hamas War Continues to Escalate
Fashion Trust Arabia, We Design Beirut in Lebanon and many luxury brand events in Dubai were postponed or…
Micam Buyers and Vendors Say Product Differentiation Is Key as They Look to Stand Out in Changing Market
More than 1,700 brands exhibited at the biannual international trade show.
Peak Shipping Season Gets Off to a Modest Start
It's not quite full steam ahead as warehouses remain packed and cargo container traffic is soft at Southern…
OTB, Renzo Rosso Present Campaign Promoting Italian Fashion, Supply Chain
Rosso has presented the Minister of Enterprises and Made in Italy a campaign aimed at highlighting the…
U.K. Parliament Debates Tax-free Shopping for International Visitors
Data released by the New West End Company ahead of the debate showed that the absence of tax-free shopping…