Bagir results show ‘tremendous’ turnaround
The Israel-based company specializes in developing, manufacturing and marketing high quality men and women’s tailored clothes.It said EBITDA increased to $1.6m in the 12 months to 31…
Arrest of Lotte chairman spark fears of leadership vacuum, shares tumble
The Seoul Central Court on Tuesday sentenced Lotte Group Chairman Shin Dong-bin to two years and six months in prison in a case tied to an influence-peddling…
Givaudan to make hand sanitiser in virus fight
The world’s biggest fragrance and flavouring company said it had set up a dedicated production line at its factory in Geneva for hand sanitiser, which would be…
Gap joins the U.S. Cotton Trust Protocol and Textile Exchange’s 2025 Sustainable Cotton Challenge
The decision comes as part of Gap’s integrated sustainability strategy and is meant to help the company achieve its commitment to use only 100% sustainably-sourced cotton by…
How will Amazon deliver in Germany, its second biggest market-
The tightly choreographed morning operation is designed to maximise speed and minimise costs, preconditions for the success of Amazon’s rapid expansion in its biggest international market.But contractors…
Japan’s retail sales fall for third straight month
Analysts expect Japan’s economy sharply contracted in the first quarter, as lacklustre consumer spending and weakening exports create challenges for policymakers who have already rolled out massive…
Hermès to open two new leather goods factories in France by 2026
The company announced in a press release the construction of a new production site in Isle-d’Espagnac, in Charente, by 2025. This new factory will join the list…
LVMH CEO Bernard Arnault has faith in Donald Trump’s economic policies
On 9th January Donald Trump met Arnault and Chinese businessman Jack Ma, President of e-commerce giant Alibaba. Both the latter said they are ready to invest more…
Australia sues Facebook over user data, echoing U.S. antitrust case
The Australian Competition and Consumer Commission (ACCC) said it was seeking an unspecified fine from Facebook for promoting a virtual private network as a way for people…
J&J says Indian drug regulators visited facilities, took talc samples
The visits came as regulators in India launched an investigation into J&J’s Baby Powder following a Reuters report last Friday that the firm knew for decades that…