EU approves tougher EU copyright rules in blow to Google, Facebook
EU governments on Monday backed the move launched by the European Commission two years ago to protect Europe’s creative industries, which employ 11.7 million people in the…
LVMH to tighten grip on eyewear business with Marcolin deal
LVMH is following rival Kering’s lead in moving away from the traditional licensing model, which boosts eyewear manufacturers’ sales while brand owners earn royalties.Marcolin said in a…
Kering makes men eligible for 14-week parental leave
Since 2017, Kering, currently present in nearly 50 countries, has been giving its female employees a 14-week leave period on full pay in the case of maternity…
Pinterest trend report spotlights sustainability for 2020
For its report, Pinterest compared the number of searches launched worldwide from August 2017 to July 2018 and August 2018 to July 2019, and identified 100 emerging…
Flawed diamond regulations fuelling child labour in Congo mines
Thousands of children work illegally in diamond mines in Congo’s diamond-rich Kasai region – mainly to pay for food and school fees – and girls who live…
LVMH wants to hire 2,000 people in Italy in next three years
The world’s number one luxury group invests €100 million annually in Italy, where it employs 12,000 people, among them 6,000 artisans, with its seven labels, 30 production…
UK retailers suffer biggest sales drop in 17 months as Brexit nears – CBI
The Confederation of British Industry said some of the fall in its monthly sales balance to -18 — meaning more retailers reported falling sales than rising sales…
South Africa’s retail sales jump as spending on fashion, cosmetics grows
Sales rose 2.5 percent year-on-year in August after increasing 1.4 percent in July, the statistics office said. The expansion was much more than the 0.3 growth forecast…
Ralph Lauren to launch first scalable zero-wastewater system for cotton dyeing
According to the company, around 20% of the world’s wastewater is accounted for by the trillions of liters of water used for fabric dyeing every year. If…
TikTok eyes $17.5 billion shopping business on Amazon’s turf
The 2024 merchandise volume goal for the US version of TikTok Shop — which melds online entertainment with impulse buying — was discussed in internal meetings in…