CEOs of Target, ADM square off on U.S. border tax at hearing

Target CEO Brian Cornell has been one of the most vocal opponents of the Republican-backed border adjustment tax testified alongside Juan Luciana, president and CEO of ADM, which joined a coalition supporting the tax. The border tax would imposes a tax on imports while providing a credit for exports and has been proposed by House Republicans as part of a larger tax code overhaul. Target is a b…

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Athletics body reportedly tightening rules after Nike’s Vaporfly helps records tumble

World Athletics expects to announce the findings of a review into technology used in road and track shoes by the end of January.Recreational runners’ use of the flourescent footwear will be unaffected, World Athletics saidคำพูดจาก สล็อตเว็บตรง. Vaporfly combines carbon plate and ultra-spr…

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Amazon UK launches accelerator for start-ups

The retail giant has partnered with Enterprise Nation, a small business support network, to launch the Amazon Small Business Accelerator, which will provide small businesses with key insights and access to free services.The initiative is a response to how the Covid-19 lockdown has disrupted the economic wellbeing of thousands of small businesses across the UK. คำพูดจาก Read more

French luxury watch sales tick up as Chinese tourists return

Sales of watches worth more than 5,000 euros ($6,200) each saw an increase of eight percent in 2017 over 2016, a year when visitor numbers dwindled following a series of terror attacks in France, the Franceclat body said in its annual report.”The return of tourists, notably Chinese, explains much of the rebound in watch purchases,” the report said.คำพูดจาก Read more

Fifth of Britons buy counterfeits online says new study

And the figures are higher for the fashion sector with 28% of Britons saying they would “consider” knowingly buying fake watches, footwear, clothing, leathergoods and jewellery from online counterfeit resellers.While 44% of UK consumers are well aware of the risks posed by fake pharmaceuticals and say they pose the biggest threat to society, they’re ignoring the risks that come with buyin…

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Google and WWF Sweden unveil fashion sustainability platform

A pilot of the platform was first announced by Google Cloud in collaboration with Stella McCartney, the first fashion brand to use the technology, at the 2019 Copenhagen Fashion Summit. There, Google Cloud and the brand said the technology would be used to provide a more comprehensive view into raw materials of clothing manufacturers’ supply chains. In 2018, a similar tool was created by WWF S…

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Arc’teryx launches circularity platform, upcycled collection

Through the ReBird platform, customers will be able to access the Arc’teryx Used Gear resale initiative and purchase Arc’teryx’s upcycled Stowe Windshell, made from end-of- the-roll materials reclaimed from the production process, along with the brand’s first-ever upcycled products crafted from post-consumer materials; the Upcycled Tote and Pouch. Likewise, the digital ReBird platform will…

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Grey market has become a necessary evil for luxury watchmakers

Swiss watchmakers say they loathe this “grey market” because high discounts damage the meticulously crafted aura of prestige and make it harder to sell their goods at the full price.”In luxury goods, when you break the illusion of prestige, the dream, the prices, it takes away the confidence. It means slow death for luxury goods,” Jean-Claude Biver, head of LVMH’s watch division, told Reuters a…

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Apparel makers in cyclone-hit Bangladesh consider rare, expensive airlifts for exports

The crunch could disrupt summer clothes supplies for retailers such as Walmart, Gap Inc, H&M, VF Corp, Zara and American Eagle Outfitters, some of Bangladesh’s largest export customers.Cyclone Mocha, one of the strongest storms to hit the region in years, made landfall in neighbouring Myanmar over the weekend, but left a trail of destruction that also has delayed businesses’ return to normal in…

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