Deloitte says luxury industry M&A deals grew by less than 3% in 2022

In 2022, 292 M&A deals were finalised in the luxury industry, as opposed to 284 in 2021, only eight more, a 2.8% increase. One notable operation last year was the $2.3 billion acquisition of the Tom Ford label by US beauty giant Estée Lauder. M&A deals in the personal luxury goods sector accounted for 43.2% of the industry’s total, and their number was down by 30 last yearคำพูดจา…

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Amazon hands out shipping software to merchants, including on rival sites

The company is ending monthly fees of Veeqo, a shipping software firm it recently bought, for sellers including when they fulfill orders via rival platforms like Shopify Inc, eBay Inc or Etsy Inc.D.A. Davidson analyst Tom Forte said of Veeqo, “The acquisition should improve Amazon’s ability to compete against Shopify,” which helps merchants set up online stores and sell elsewhere. Still, he sai…

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European clothing imports exceed pre-crisis levels

Asia accounts for 75.8% of European clothing imports in 2022, a share that is stable compared to 2019. After stagnating in 2020 and 2021, imports from the leading supplier, China, exploded by 32% over one year, but only rose by 7.7% compared to 2019.After two years of yo-yoing, Bangladesh’s imports in 2022 show a rise of 52% year-on-year to a level 23.4% higher than before the crisis. Turkey, t…

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California officially bans fur

“The year 2023 marks a historic step forward for California with the implementation of a law that truly represents the values of our constituents,” said assemblymember Friedmanคำพูดจาก สล็อตเว็บตรง. “Californians do not want to see animals live and die in cruel ways for n…

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Fiji textile council gets $100k to boost manufacturing

The initiative by the government will help establish service and manufacturing zones that will attract investors, said Ali, during the $100,000 grant handover ceremony at the ministry. The trading can improve as the manufacturing zone is also closer to Nadi international airport and international port.TCF industry is one of the major contributing factors to Fiji’s gross domestic productคำ…

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Global shoppers return to stores, but caution and ‘mission shopping’ are key

A new survey of 8,000+ consumers in the UK, US, China and France showed that 71% of global consumers now report feeling comfortable returning to physical stores since local lockdowns have eased, according to Mood Media and Censuswide.But the report added that as many as 31% of consumers are spending less money and less time shopping in-store than they did before Covid-19. Meanwhile, 21% are spe…

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Landsec research says sustainable retail sites can be more profitable

That’s the key finding in a report by property giant Landsec — the owner/operator of Bluewater, Lakeside and St David’s malls, among others — and Bradshaw Advisory, revealing the potential growth for brands that rent space in a sustainable retail destination compared to traditional retail premises.Over the course of a 10-year period, brands in a sustainable retail destination “could s…

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Japan retail sales growth undershoots forecast, points to tame consumption

The 0.6 percent annual increase in retail sales in May was weaker than the median estimate for a 0.9 percent annual gain, following a revised 1.5 percent increase in April.May’s result marked the slowest growth since a 0.2 percent decline last October.On a seasonally-adjusted basis, retail sales declined 1.7 percent in May, data from the trade ministry showed on Thursday.

Japan’s econ…

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Only half of UK shops have reopened since easing of lockdown – LDC

The Local Data Company surveyed over 111,000 retail units across 164 towns and cities between 23 May and 1 July, and it found that many businesses that rely on office workers and tourists to trade have delayed their reopening plans.Some 74% of stores selling physical goods such as clothing, shoes and homewares had reopened at the time of the survey, compared with only 64% of food and entertainm…

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