Millennial and Gen-Z shoppers to up spending in Holiday 2018

 77% of all those surveyed said that they were planning to spend the same as usual or more over the 2018 holiday period. However, a larger proportion of younger consumers were found to be planning to spend more than usual, with 43% of 18 to 24-year-olds saying that they intended to do so, along with 38% of 25 to 34-year-olds. By contrast, only 9% of those 65 and over said that they planned to…

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Modi’s clampdown on e-commerce in India may not win back votes of small retailers

From Feb. 1, e-commerce firms such as Amazon.com and Walmart-owned Flipkart Group will not be able to sell products from companies in which they have an equity interest or form exclusive agreements with sellers.Intended to prevent predatory pricing and deep discounting, the curbs follows intense lobbying by India’s many millions of small shopkeepers and the middlemen who serve them, particularl…

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‘Pink Star’ diamond set to fetch record price in Hong Kong

The 59.60-carat “Pink Star” is the largest in its class ever graded by the Gemological Institute of America (GIA)คำพูดจาก สล็อตเว็บตรง. But Sotheby’s was been forced to buy back the flawless diamond after a previous buyer defaulted on what was then a record sale in 2013.That sale in Gene…

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NY Times investigation uncovers sexual harassment, bullying among Victoria’s Secret’s highest ranks

Published on February 1, the Times report said that the company’s toxic environment was sustained by two men: Leslie Wexner, the founder and chief executive of L Brands, and Ed Razek, the former chief marketing officer of Victoria’s Secret.According to the report, over 30 current and former executives, employees, contractors and models, as well as court filings and other documents, support a tr…

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Chanel’s Bruno Pavlovsky predicts strong 2022 growth, as house unveils latest collection in 19M

It’s a pivotal moment for the storied fashion house, which has weathered the business storm caused by the global pandemic, and now stands poised to reveal 19M, a giant new center of couture and fashion skills, assembled in a techy-style building on the ringroad of Paris. “2022 can be good from a business point of view but very difficult from a day-to-day point of view as you are dependent …

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Textiles fan inflation fears amid London Fashion Week

Price hikes represent a new challenge for the industry that has already been stricken by both Brexit and the Covid-19 health emergency.

‘Impressive cotton surge’คำพูดจาก สล็อตทรูวอเลท

“The textile and clothing industry noticed an impressive surge in cot…

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Thailand’s Hemaraj expands with $1 bln Vietnam project

The venture, Hemaraj-Cienco 4 Co, signed a deal on Wednesday with the provincial government of Nghe An, in central Vietnam, to start building the industrial zone next year in seven phases for completion in 2038, Cienco 4 said in a statement posted on its website on the same day.While Vietnam’s economy has shown signs of slowing so far in 2016, manufacturing remains its biggest draw, with firms …

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Sustainable apparel on the rise but most consumers still won’t pay more

While a third of the consumers surveyed by NDP said that the social responsibility of a brand was extremely important to their purchasing decisions, with a further third saying that they would be willing to pay more for sustainable apparel if it was so labeled, two thirds said that they would not shell out more for socially and environmentally conscious products. The findings echo those of a s…

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Zalando adds thousands more products to sustainability offer

Any moves the company makes in this area can potentially have a big impact as it has 28 million customers in 17 markets and more than 2,000 brand partners.Despite it having introduced a sustainability flag in 2016 to highlight products with an eco benefit, the e-tailer said its customers have been calling “for more sustainable choices in fashion” and this has led it to increase the number o…

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