Economies ill-prepared to face new business risks- WEF

The report every year assesses the factors driving productivity and prosperity of nations.The report’s global competitiveness index (GCI) finds Switzerland to be the most competitive economy, narrowly ahead of the… Read more

EU to unveil plan to tax turnover of big U.S. tech firms

The Commission is expected to propose that companies with significant digital revenues in Europe pay a 3 percent tax on their turnover, according to a draft seen by Reuters last… Read more

Italy fashion billionaire wants China growth outside Belt and Road

Renzo Rosso, chairman of the OTB holding company that owns brands including Diesel, Marni and Jil Sander, said Tuesday he’s not worried over Italian Prime Minister Giorgia Meloni’s plan to… Read more

Packed bars and mask-less catwalks- With Covid curbs fading, China set for consumption rebound

Similarly vibrant scenes are being seen elsewhere in China as consumers return to cinemas, live performances and restaurants.To many, they indicate a late-summer recovery in Chinese household spending is broadening… Read more

Stats show UK fashion had tough October, e-tail and second-hand goods rose

Well, ‘non-food’ stores, which account for just over 42% of the total and are dominated by outlets such as department stores and fashion stores, were weak. Non-food sales fell 1%… Read more

Sports and athleisure trend to power most West End brands by 2020

Ahead of the London marathon this weekend, the company representing over 600 West End businesses has found continued consumer interest in both participating and attending sports events, and rising property… Read more

Vietnam’s textile dyeing sector needs $15 bn investment

Le Tien Truong, general director of the Vietnam Textile and Garment Group (Vinatex) pointed out that in 2015, Vietnam exported $27.5 billion of garment-textile products but it had to spend… Read more

UK footfall drops again, worst February for years

However, it looks like London’s fashion stores saw an uplift as Chinese tourists kept the cash registers ringing and there were also hints that if the weather stays mild, it… Read more

UK to train Nigeria’s Calabar Garment Factory workers

“The factory holds huge employment opportunities that could be translated into enormous wealth creation amongst youth,” said Arkwright who recently paid a visit to the garment factory together with Ayade.… Read more
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