British factory orders fell at the fastest pace in three years, and the lack of clarity about leaving the EU has made manufacturers their least upbeat since the Brexit referendum in 2016, a survey showed on Tuesday.
Deloitte's 33rd annual Holiday Survey has found that 57 percent of total holiday spend is expected to be online, compared to 36 percent in stores. This marks a 10 percent drop for stores in the last four years.
The Swedish company is strengthening its logistics infrastructure in Spain, where it plans to open a new distribution centre in Toledo. The site will be the brand’s second in the country and the largest by surface area.
Pablo Isla has topped Harvard Business Review’s list of the best-performing CEOs in the world for the second year in a row. LVMH's Bernard Arnault came in third, followed by François-Henri Pinault of Kering.
Piper Jaffray has released the results of its 36th “Taking Stock With Teens” study, showing that Gen-Z girls are now spending three times more on beauty than accessories, while streetwear still dominates apparel trends.
North Korea imported at least $640 million worth of luxury goods from China last year, in defiance of U.N. sanctions outlawing such trade over North Korea’s nuclear and missile programmes, a South Korean lawmaker said.
Moody’s on Monday said the withdrawal of a duty-free trading access by the European Union for Cambodia over the Southeast Asian nation’s human rights record would have a negative effect on European investments.
Everlane announced it will completely eliminate new, "virgin" plastic from its supply chain by 2021. The label also announced the launch of ReNew, a line of outerwear made from discarded plastic bottles.