French retailers warn strikes could spoil Christmas season

The strike, aimed at forcing President Emmanuel Macron to ditch a planned reform of state pensions, led to a drastically reduced service on trains, buses and the metro..The transport disruption is expected to continue over this weekend and into early next week.

“I had one client since this morning,” said Karine Barbe, 47, an employee in an embroidery shop in central Paris. “If the strike continues, clients are not going to come as there are no trains.The strikes, coming on the heels of the ‘yellow vest’ protests that started in November 2018, deal a new blow to retailers, said Francis Palombi, head of the French Federation of small retailers.“2019 was a very difficult year for retailers with revenue lossesคำพูดจาก

H&M shopworkers in Spain call for strikes in June – unions

The strikes, called by the CCOO and UGT trade unions, will take place on June 20, June 24 and June 26, dates that coincide with the first days of the sales season. Around 4,000 shop assistants will down tools for four hours on the first day of strikes, according to a statement issued by the two organisations.H&M did not immediately respond to a request for comment on the protests in Spain.

The planned protests followed several meetings between representatives of the two union groups with the fast fashion company over the last few months.”We have asked the company to improve wages and work conditions of the staff..คำพูดจาก สล็อตเว็บตรง. and after all these months, …

Italy’s fashion industry signs deal to build ties with Iran

The two countries signed an agreement during a two-day visit by Italian Prime Minister Matteo Renzi with a delegation of business leaders to increase trade between Italy and Iran and reinforce industrial cooperation.The deal was signed by the National Textiles and Fashion Association Sistema Moda Italia (SMI), which represents a sector worth more than 52 billion euros (41 billion pounds) in revenues, and its Iranian counterpart the Tehran Garment Union (TGU).คำพูดจาก สล็อตเว็บตรง

It aims to cut red tape and make it easier for Italian companies to obtain the TGU licence required to operate in Iran.Some analysts estimate the oil-rich Islamic Republic of nearly 80 million p…

Jay-Z, Iconix settle lawsuits over licensing, alleged fraud

In a Wednesday regulatory filing, Iconix said it agreed to sell some intellectual property assets to Jay-Z’s Roc Nation LLC and membership interests in his Marcy Media Holdings LLC affiliate, in exchange for $15 million.Iconix said both sides also agreed to drop all claims against each other, without admitting wrongdoing or unlawful conduct.คำพูดจาก สล็อตเว็บตรง

Lawyers for Jay-Z and Roc Nation did not immediately respond to requests for comment.Jay-Z, 49, whose legal name is Shawn Carter, is worth $1 billion, a fortune he built through his music, Roc Nation, the streaming service Tidal, Armand de Brignac champagne, and investments such as Uber, Forbes magazine said.The …

Kidswear in spotlight as Sainsbury’s-Asda merger probe deepens

The merger, which GlobalData said could potentially create a general merchandise “powerhouse”, is the subject of a Competition and Markets Authority (CMA) in-depth investigation and it will look at whether competition in the childrenswear market will be harmed by the combination of two of the UK’s ‘big four’ supermarket chains.Asda is a major force in kidswear via its George label and earlier this month GlobalData also said that it, along with rival Tesco, were major beneficiaries of back-to-school season spending. คำพูดจาก ทดลองใช้ สูตรสล็อต

And Sainsury’s Tu Clothing label is also growing fast with a major kidswear range as part of its offer.The proposed merger is p…

Long-term growth of Italian fashion sector not at risk from Coronavirus – report

The sector’s revenue is expected to rise to 80 billion euros ($87 billion or £67.14 billion) in 2021, from 71.7 billion in 2018คำพูดจาก สล็อตเว็บตรง. The calculation is based on the 173 Italian fashion companies that have a turnover above 100 million euros.”We expect a rebound after great fatigue in the first quarter and very likely also in the first semester due to the coronavirus. There will be a long tail when the situation stabilizes because there will be congested ports,” Prometeia senior partner Alessandra Lanza told reporters at an annual joint report with investment bank Mediobanca.คำพูดจาก ทดล…

New Look updates sustainability strategy

A key pillar of the value fashion retailer’s ‘Kind to Our Core’ initiative, the update is part of its three-year business strategy “reflecting the values and actions that the retailer wants to embed across its business, in its efforts to deliver against ambitious ESG targets”.Within the new update, New Look said it has committed to a “wide-reaching range of measures” centred around four core pillars: Responsible Business, Responsible & Circular Product, Inclusive Culture and Positive Local Impact.

CEO Nigel Oddy, said: “Environmental and social responsibility has been a part of our business for over 20 years. Now, as a leading womenswear retailer with a global footprint, acting sustainably has never been more important to us. We are proud of our achievements to dat…

Retailers and brands form coalition to fight US border tax

Some 130 brands, chains and trade associations have formed the American for Affordable Products Coalition. The membership roster already boasts some of the biggest names in the industry, including, LVMH, Gap Inc., Levi Strauss & Co., Nike Inc., QVC and Ikea North America, to name a few.Powerhouse U.S and Canadian retailers are also backing the initiative, including Target Corp, Wal-Mart Stores Inc, Neiman Marcus Group Inc., Kohl’s Department Stores Inc., Dillard’s, Macy’s Inc., Ross Stores, Sears Holding Co. The Bon Ton Stores Inc. and Hudson Bay’s Company.

The BAT especially has retailers and apparel manufacturers nervous because of how it could impact the elaborate system of imports, exports and outsourcing they rely on to control their costs and price points. Currently …

U.S. retail sales expected to top $3.8 trillion in 2019- NRF

Preliminary estimates show retail sales grew 4.6 percent in 2018 to $3.68 trillion, exceeding the retail industry group’s forecast for growth of at least 4.5 percent, the NRF said.The 2018 results are based on Commerce Department data up through November but include NRF estimates for December, as the agency was closed during the recent government shutdown and has not yet released December figures, the NRF said.

“More people are working, they’re making more money, their taxes are lower and their confidence remains high,” NRF President and Chief Executive Matthew Shay said in a statement.In 2018, a healthy economy and rising wages gave consumers the confidence to shop and splash out on retailers’ annual bargains during the holiday season.“The biggest priority is to ensur…