New H&M boss Daniel Ervér faces pricing dilemma in fight to win back customers

Daniel Ervér, 42, took the reins at H&M on Wednesday after Helena Helmersson quit in a surprise announcement that sent the company’s shares down more than 10%.At the same time, H&M said sales continued to fall over the key holiday trading months of December and January, raising questions about how much revenue the retailer is sacrificing in pursuit of a higher profit margin.

“What we thi…

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M&S receives PETA award for new vegan-friendly ranges

This week, the department store chain announced the progressive launch of an extensive vegan footwear collection including more than 350 shoes, trainers and slippers for men and women.Leather and suede-free accessories such as bags and wallets complete the fashion collection, reflecting a growing consumer demand for sustainable and animal-friendly products.คำพูดจาก Read more

M.Gemi raises $16 Million In Series C funding

BurdaPrincipal Investments, the growth capital arm of German tech and media company Hubert Burda Media and an investor of BaubleBar and Etsy, led the Series C investment. Accel, General Catalyst Partners, and Forerunner Ventures also participated in the investment. CEO Ben Fischman, President Cheryl Kaplan and Chief Merchant Maria Gangemi founded M.Gemi in 2015. The Boston-based accessories st…

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Nirvana sues Marc Jacobs for copyright infringement

The collection, a revamped version of Jacob’s 1993 collection for Perry Ellis, is being called out by Nirvana LLC for using a near-duplicate of Nirvana’s famous smiley face logo in promotional materials and on a tee, sweatshirt and pair of socks, titled “Bootleg Grunge.”According to the lawsuit, which calls for monetary damages and injunctive relief, Nirvana LLC made no agreement with the br…

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Spanish jeweller Tous in false advertising probe

Spain’s National Court opened the inquiry after receiving a complaint from a consumer group that some of the company’s products “are not entirely made of gold as indicated in its advertising,” a court spokeswoman said.An investigating judge has summoned for questioning a Tous manager as well as a representative of an independent company which certifies the quality of its products, the spokeswom…

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Film on Bangladesh’s garment workers spotlights women driving change

“Made in Bangladesh” is based on the life of Daliya Akter, a garment worker who escaped child marriage and went on to lead a trade union fighting for workers’ rights in the capital Dhaka.Akter’s story – securing pay for her co-workers despite a concerned husband and threats from her bosses – puts a rare spotlight on female triumph over adversity in conservative Bangladesh, the world’s…

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UK retail sales suffer worst quarter in a year after March snow

Retail sales volumes in March were 1.2 percent lower than the month before as a period of unseasonal snow and cold weather dubbed ‘The Beast from the East’ kept shoppers at home, a bigger fall than economists had expected in a Reuters poll.For the first quarter as a whole, sales volumes dropped by 0.5 percent compared with the last three months of 2017, their biggest quarterly fall since the fi…

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Report- Global online beauty and personal care market to soar

The report also reveals that an increase of millennial shoppers is fueling the growth of online retail channels because most consumers belonging to this population segment are tech-savvy, price-sensitive, and prefer shopping onlineคำพูดจาก สล็อตเว็บตรง. It has been noted that almost 41…

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India’s bumper cotton output to fall short of record high

Overall production by India, the world’s biggest cotton producer, could touch 37.7 million bales in the year that began in October, Kavita Gupta, India’s textile commissioner, told a news conference.That would be up from 34.5 million bales produced in the 2016/17 marketing year, but almost 6 percent lower than previous industry estimates for a record 40 million bales, each of 170 kg.

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​Lush to open new factory in Germany to meet strong demand

According to accounts recently filed at Companies House, Lush enjoyed a strong 2014/15 financial year, with total group turnover growth of 15.6% in the twelve months ended 30 June 2015. Excluding the impact of currency movements, total group turnover rose 23.3% on last year, reflecting strong underlying like-for-like growth of 22% across all markets.The US reported sales growth of 63% on the pr…

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