In a study conducted by Goldman Sachs, the success of fashion chains is dependent on the time it takes to create a product and get it sold in stores. A shorter timeframe not only allows the companies to better respond to the market and adjust their inventory to trends of the moment, but also lets them produce smaller quantities and reduce their stock. Asos hopes to grown between 30 and 35 perc…
Read moreIn a decision on Monday, U.S. District Judge Analisa Torres in Manhattan said L’Oreal’s referring to “Paris” and sprinkling French words on packaging would not deceive reasonable consumers about where its shampoo, mascara and other products came from.The plaintiff, Veronica Eshelby, claimed she had not noticed the fine print before learning that the products she bought were manufactured in L’Or…
Read moreThe sentence, issued by a jury in a New York federal court, is seen as a landmark case in the hot debate over intellectual property rights and non-fungible tokens.NFTS, which became popular in early 2021, are digital works that cannot be replaced with anything else or modified and are therefore unique.
Each has a digital certificate of authenticity which, in theory at least, cannot be tam…
Read moreOverall, visitor traffic to stores was down 3.2% year-on-year, which was worse than the September drop and trended below the three- and 12-month averages.It’s interesting through that the biggest fall this time wasn’t in shopping centres but on the high street instead. High street footfall dropped 4.9% (much worse than the three-month average decline of 2.8%).
Shopping centre footfa…
Read moreHytönen succeeds in this exercise French designer Lora Sonney, like Hytönen a finalist at the 37th edition of the Hyères Festival’s fashion competition, who dropped a capsule collection for AZ Factory in July. In January 2023, the project was commissioned to French designer Tennessy Thoreson, while the first emerging designer invited to stage a show with AZ Factory during haute couture week …
Read moreFounded in Hong Kong in May 2019, Kool and Konscious says it brings together the world’s largest selection of sustainable and ethically sourced fashion products.With 28 designers currently available on the site, new brands are being added every week across womenswear and menswearคำพูดจาก สล็อตpg. I…
Read moreVisa, whose debit and credit cards are used for a third of payments in Britain, said on Monday that consumers stayed away from the traditional post-Christmas sales last month.Household spending fell by 1.2 percent in January compared with the same month in 2017, with spending in shops down by 4 percent, it said.คำพูดจาก Read more
Covering November 25 to December 1, it said that footfall dropped “significantly” from the same week in 2017. And while this wasn’t unexpected after the frenzy of the previous few days, “the magnitude of decline, at -5.5%, was virtually double that of the -3.1% in 2017.”What was particularly worrying was that all three destination types suffered noticeably, with even retail parks, whic…
Read moreAccording to a survey, a massive 85% of retail businesses said business rates were a key issue, with 83% saying that they would be ‘likely’ or ‘certain’ to have to close some stores if the government’s upcoming review didn’t lead to lower payments.Business rates also had a material impact in 67% of store closures in the past two years, the survey also found.
The trade body cla…
Read moreCoinciding with its centenary, the business, which owns the Speedo, Berghaus, Ellesse, Endura, Canterbury and Mitre brands, has launched ‘100-1-0’, its sustainability strategy to be reached by 2032.With plans to “deliver on its commitment to support both people and planet, through various sustainability initiatives and charitable actions”, 100-1-0 comprises three major targets.
Thes…
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