Thinking About Launching a Fashion Business? Nows a Good Time

Ever dream of launching your own product, brand or fashion apparel line? Right now might be a good time to make that dream a reality. The recent pandemic is forcing brands and merchants to transform themselves. The explosion of online shopping has accelerated digital convergence, and companies are making investments in innovation, technology and creativity. And this creates an opportunity […]

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Europe upgrades its economic outlook as the British economy rebounds.

By Eshe Nelson The economic outlook has brightened considerably across Europe after lockdowns restricted growth at the start of the year. Now, economists foresee the complete recovery by the end of next year from the early effects of the pandemic. The British economy grew 2.1 percent in March from the previous month, the Office for National Statistics said on Wednesday. […]

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Shiseido Posts Q1 Net Loss, Increased Sales and Operating Profit

TOKYO—Shiseido posted a net loss for the first quarter of its financial year, despite increases in sales and operating profit, the company said Wednesday. The loss was mainly due to an impairment loss the company recorded as a result of the partial termination of its license agreement with Dolce & Gabbana. For the three months ended Mar. 31, Japan’s largest […]

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Second-Hand Clothing Marketplace Vinted Raises 250 Million Euros

LONDON — The second-hand, online marketplace Vinted has raised 250 million euros in a Series F round, which the company said will go towards funding international expansion, new hires and improving the overall customer experience. The new funding round, led by EQT Growth, has valued Vinted at 350 million euros. All the previous Vinted investors also participated in the latest […]

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Inflation anxiety jolts stocks, Asia tumbles to two-month lows

SYDNEY (Reuters) – An extended sell-off drove Asian shares to their lowest in seven weeks on Wednesday as surging commodity prices and growing inflationary pressure in the United States prompted markets to bet on earlier rate hikes and higher bond yields globally.FILE PHOTO: TV camera men wait for the opening of market in front of a large screen showing stock […]

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Marco Bizzarri on Next Chapter of Gucci

MILAN — Fashion cycles seem to last around five years, contends Marco Bizzarri, but he is more than ready to challenge this assumption. In a candid and wide-ranging interview, Bizzarri, who was appointed Gucci president and chief executive officer in December 2014, admitted that in March last year, as the COVID-19 pandemic caused Italy to enter a full lockdown, both he […]

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Golden Globes’ Mushrooming Scandal Imperils Awards Show

The Golden Globes pile-on was complete when, on Monday evening, NBC, the awards show’s long-standing broadcast partner, announced it would not air the 2022 ceremony. The denouement for the notoriously ethically challenged Hollywood Foreign Press Association — well-known for extracting expensive perks and celebrity selfies in an implicit exchange for votes from its tiny membership of 87 foreign journalists covering […]

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Builder awarded close to $45,000 after disgraceful treatment by employer

A construction company has to compensate a builder close to $45,000 after falsely telling him he was being investigated by ACC and firing him. The actions of Hawke’s Bay company Infinite Building Solutions (IBS), owned by Richard Stanley Burns, have been labelled as “disgraceful” by the Employment Relations Authority, which investigated the unjustified dismissal case. Builder Sidney Eastham was awarded […]

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