Poland may lose $2.16 bn due to US tariffs on European goods: PM Tusk
Preliminary estimates show Poland may lose around 8 billion zlotys (~$2.16 billion) due to new US tariffs on European goods,...
Fashion
L’Oréal sales slip in Q2 as North Asia and travel retail lag
By Bloomberg Published July 29, 2025 L’Oréal, the French beauty giant known for brands such as Lancôme, Maybelline and CeraVe,...
China’s industrial profits recover in June; logistics costs drop
China’s major industrial enterprises recorded a 1.8 per cent year-over-year (YoY) decline in profits in the first half of 2025,...
EU, UK demand lifts Sri Lanka’s apparel growth in H1
Sri Lanka’s total apparel and textiles exports increased by 3.71 per cent to $463.12 million in June 2025, compared to...
From Dior to Longchamp: fashion transforms Mediterranean resorts
Translated by Nazia BIBI KEENOO Published July 29, 2025 Seaside luxury is no longer just a summer flirtation—it’s a full-season...
Fitch cuts sector outlooks as global trade risks climb
Fitch Ratings has revised multiple 2025 sector outlooks from ‘neutral’ to ‘deteriorating’, citing mounting global trade risks, tighter financial conditions,...
Gucci owner Kering posts 46% profit slump before new CEO arrives
By AFP Published July 29, 2025 French luxury group Kering reported Tuesday a 46 percent plunge in net profit during...
Bangladesh sees lowest openings of import LCs in 58 months in Jun 2025
Bangladesh saw its lowest monthly import letter of credit (LC) openings in 58 months this June, central bank data show....
THG Studios unveils Virtual Production with new AI-tech investment
As the artificial intelligence (AI) revolution gathers pace, THG Studios is proving to be a major early adopter. The UK e-commerce...
Turkiye’s current account improves, IMF urges policy tightening
Turkiye’s external position in 2024 remained moderately weaker than levels warranted by medium-term fundamentals, despite significant gains in the current...
