Amazon bans some third-party traders on its e-commerce platform from offering certain branded products, and Germany’s Federal Cartel Office is investigating whether this complies with German law.“For some brands all merchants with the exception of Amazon itself and the respective brand manufacturer are excluded,” the paper quoted Cartel Office President Andreas Mundt as saying.
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Read moreThe report said online retail sales increased by only 8.1% year-on-year last month. Despite Asos saying only this week that trading has been difficult, it seems that pureplay e-tailers managed to outperform the webstores of physical chains with growth of 11.6% for the former and only 6.3% for the latter.IMRG said “Black Friday discounting failed to rejuvenate consumer spending across the mont…
Read moreThis revenue slump is five-times worse than the 4.3% shortfall suffered in the same period by major international industrial groups. A decline caused by the lockdown measures introduced worldwide at the peak of the pandemic, which led to the closure of countless stores, to a halt in international exchange and the collapse of tourism.In the first nine months of 2020, the fashion market in Europe…
Read moreGoogle turned to the Court of Justice of the European Union (CJEU) after the General Court in 2021 threw out its challenge to the fine levied by EU antitrust chief Margrethe Vestager in 2017.It was the first of three penalties for anti-competitive practices that have cost Google 8.25 billion euros in total in the last decade.คำพูดจาก Read more
The warning comes from the Institute of Scrap Recycling Industries (ISRI), a US body which is an authority in the sector. ISRI underlined how Chinese legislation has gradually become more restrictive, intervening for example on neon lighting in 2007 and electronic products in 2013. Faced with a dramatic increase in domestically generated waste, Beijing’s objective is to avoid worsening China’…
Read moreThe company said it will use the funds to continue to invest in its core client experience, innovative shopping model, unique curation of fashion, fine jewelry, and home decor, as well as the data and technology systems that power the Moda platform. The new infusion brings Moda Operandi’s total equity capital raised to date to $345 million. In addition to NEA and Apax, the round received par…
Read moreThe new material is made from a combination of textile waste and wood cellulose, and Filippa K called it a “revolutionary pilot fibre”. It’s a product of “groundbreaking” OnceMore pulp technology from Södra, and Refibra technology from Lenzing, with Riopele’s “creative expertise in yarn and fabric production” being added into the mix.Robert van de Kerkhof, Chief Commercial Offi…
Read moreBritish people have bought more casual clothing suited to working from home and fewer formal outfits, and spending on home exercise equipment has boomed with gyms closed, the Office for National Statistics said.”The need for hygiene on the go has seen the addition of hand sanitiser, now a staple item for many of us,” the ONS’s head of economic statistics, Sam Beckett, said.”A more casual appr…
Read moreThe U.S. Bankruptcy Court specifically approved Global Brands and Marquee’s bid to assume BCBG’s intellectual property rights. The label’s intellectual property was a key asset for Global Brands and Marquee who plan to license the name across new categories and markets.Additionally, the court approved the plan to continue operating 20 brick and mortar retail stores across Los Angeles.
“Supreme is not working with Samsung, opening a flagship location in Beijing or participating in a Mercedes-Benz runway show,” the streetwear brand said via an Instagram story. “These claims are blatantly false and propagated by a counterfeit organization.” The statement comes after Samsung partnered with Supreme Italia, a brand launched by International Brand Firm (IBF) and based in Barletta,…
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