After record year for M&As, privatisation to sustain Vietnam’s deals blitz

“With strong momentum in the Vietnamese economy and Vietnamese companies continuing to grow in scale, the opportunity for foreign companies to engage in sizeable transactions and partnerships has become increasingly attractive,” said Rehan Anwer, head of Frontier Markets, at Credit Suisse.Vietnam’s economy grew 6.68 percent in 2015, the fastest pace in five years. By comparison, growth in the e…

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Brussels terrorist attacks induce slow-down in luxury and hotel industries

The occupancy rate in Paris hotels, far from having improved, has recorded a 13% decline from the start of the year, according to figures from specialised agency MKG group. Revenue per available room, a key hotel industry indicator, has also decreased by the same amount.Given this context, the Brussels attacks “are clearly very bad news for the industry, which has remained under pressure since …

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Covid and Brexit could boost UK fashion manufacturing – report

The report, from advisory firm Alvarez & Marsal and research specialist Retail Economics, covers a number of markets and its figures are in US dollarsคำพูดจาก สล็อตเว็บตรง. It said that between $4.6 billion and $6.4 billion (£3.4bn-£4.8bn) of trade could be ‘on-shored’ in the next …

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Circular fashion- Isko presents industrial process for separating cotton from polyester

Through this partnership, Isko is looking to lay the foundation for a future range of 100% recycled materials. The Green Machine is still at the pilot stage of its development, and Isko wants to make its own contribution to itคำพูดจาก สล็อตเว็บตรง. The company is currently developing…

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European textile and apparel revenue stable in 2016

Though industry professionals would prefer to see an unambiguous increase, the figures nevertheless underlined the upward trend observed since 2012. From 174,862 companies in 2015, the sector grew to 177,684 last year, of which 121,751 were active in the apparel business, 55,852 in textiles and 80 in handmade goods. The total number of industry jobs was static however, growing in one year from …

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Coty says not against online sales, wants to protect luxury brands

The comments by the company, part of U.Sคำพูดจาก สล็อตเว็บตรง. group Coty Inc, came in a landmark case which could determine whether luxury goods companies can stop retailers from selling their products via online marketplaces such as Amazon or eBay.Brand owners have for the…

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Greek court rejects Folli’s injunction for creditor protection

Folli, a luxury Greek brand with a distinct peach curvy logo, has been in the spotlight after a hedge fund raised concerns over its financial statements for last year.The hedge fund, Quintessential Capital Management, said in a report last May that the company overstated the number of its outlets. It also questioned its accounting practices in Asia where the company had expanded rapidly.

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Fashion to suffer as US retail spend drops 5% in 2020

A new study from GlobalData predicts that U.S. retail spending will see one of the steepest slumps of any country in 2020, experiencing a decrease of $200 billion versus 2019. Only 10 other major markets are forecast to see deeper declines. Different sectors will have markedly different fates, though, with food, grocery and health retailers seeing sales increase as consumers move to stockpile …

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Gosha Rubchinskiy denies misconduct claims by 16-year-old

The claims started this weekend when teenager Jan Silfverling shared images of conversations he had with Rubchinskiy on Instagram and Whatsapp.The screenshots, shared on Facebook group High Fashion Talk, as well as Supreme Leaks News and Diet Prada, showed messages sent by the designer asking for photos from the 16-year-old.คำพูดจาก Read more

Lululemon is 2024’s top luxury sports brand- Genting Casino

With a staggering 134.4 million searches and an impressive social media following, including 4.8 million on Instagram, 955,700 on X, and 885,700 on TikTok, Lululemon has a perfect score in Genting Casino’s assessment. Following closely behind is Alo Yoga. Garnering 7.7 million annual searches and amassing 3.3 million Instagram followers, Alo Yoga has carved out a significant niche for itself, …

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