EU inflation rises to 2.3% as energy prices soften impact
The euro area annual inflation rate increased to 2 per cent in June 2025, slightly up from 1.9 per cent...
Fashion
As it continues to focus on its turnaround, Burberry names regional chiefs to exec committee
Burberry is heavily focused on its turnaround at present and on Friday, the same day it reported encouraging Q1 results,...
China’s Li & Fung acquires Orrsum
Chinese conglomerate Li & Fung announced on Friday the acquisition of UK-based hosiery, underwear, and loungewear maker, Orrsum.Among Orrsum's brand partners is...
Clothing tech entrepreneur Christine Hunsicker charged with $300 million fraud in US
By Reuters Published July 20, 2025 A prominent entrepreneur who founded the now-bankrupt clothing technology startup CaaStle was criminally charged...
Hyères Festival: 40th edition confirmed in a reduced format
The clouds that had been gathering over the Festival de Hyères seem to be dissipating. While its fate was on...
Lululemon opens first Italy store in Milan
Lululemon announced on Friday the opening of its first store in Italy, with the Canadian activewear brand opting for the...
El Corte Inglés issues 500 million euros in bonds with a demand that exceeds the supply almost ninefold
By Europa Press Published July 20, 2025 El Corte Inglés has closed the issuance of 500 million euro eight-year bonds,...
US effective tariff rate may hit 19.4% with new reciprocal ones: Fitch
Fitch Ratings recently updated the US effective tariff rate (ETR) monitor, its interactive tariff tool. The US ETR will jump...
Trump reiterates threat of levying 10% tariff on BRICS members
US President Donald Trump yesterday reiterated his threat of levying a 10-per cent tariff on imports from BRICS group members,...
Producer prices of German industrial products 1.3% lower YoY in Jun
Producer prices of industrial products in Germany were 1.3 per cent lower year on year (YoY) and 0.1 per cent...
