EU court adviser backs luxury brands’ fight to ban third-party sales via Amazon, Ebay

In a statement released on Tuesday, the Advocate General said such a prohibition would seek to “preserve the luxury image of the products concerned” and is not, under certain conditions,… Read more

Luxury sector’s growth rate set to halve in 2023

Exponential increases in energy costs, rising inflation, raw materials shortages, geopolitical tensions and the decline in consumers’ purchasing power have abruptly cast a very dark shadow over a global economic… Read more

The fashion industry and the 2016 US Presidential Election

Macy’s was one of the first to take part in this election. In 2015, the retailer was urged to sever ties with current Republican candidate Donald Trump for statements he… Read more

US CEOs discuss economy, taxes and travel ban at Trump meeting

Wal-Mart Stores Inc Chief Executive Officer Doug McMillon said on Friday his meeting with President Donald Trump offered an important opportunity to discuss the economy and job creation.McMillon described the… Read more

Walmart to pay $65 million to settle lawsuit over seating for cashiers

Walmart denied any wrongdoing in the nine-year-old case, which was scheduled to go to trial later this year, in a filing in federal court in San Francisco on Wednesday. The… Read more

OTB’s Renzo Rosso says small fashion firms need to be supported, not necessarily acquired

“In our opinion, small businesses and artisanal workshops ought to be supported in other ways. We regularly work with a myriad of very small firms, with which we have forged… Read more

Indonesia plans tax overhaul to make tech firms pay VAT

Such companies will be considered a “permanent establishment” liable for VAT in Indonesia regardless of whether they have a physical office in the country or not, Indrawati said in a… Read more
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