Brexit relief for UK economy might not last long
With Britain’s exit from the European Union on Jan. 31 now a foregone conclusion, the question for investors is whether Johnson will stick to his campaign promise…
India to build China’s Keqiao like mega textiles city
Textiles minister Smriti Irani has spoken to Andhra Pradesh chief minister N Chandra Babu Naidu asking the state government to provide land and other facilities for setting…
Indonesia’s Tokopedia probes alleged data leak of 91 million users
“We found that there had been an attempt to steal data from Tokopedia users,” a spokesman for the company said in a statement late Saturday.“However, Tokopedia ensures…
Italian budget commission approves web tax on digital services
The European Commission said it understood concerns over existing regulations, but urged member states to wait for Brussels to come up with an EU-wide solution to the…
Japan consumer prices slump in November, look for 2017 rebound
Core consumer prices in Tokyo, a leading indicator of nationwide price trends, fell at the fastest pace in nearly four years, highlighting the challenges policy-makers face in…
Mexican textile company Siete Leguas acquires Brazil’s Santista
According to a report seen by FashionNetwork.com, the transaction includes the Brazilian division of Santista Work Solutions. Currently, the business is divided in two units: jeanswear, focused…
Lululemon announces recommerce program
The new recommerce model is made for guests to rethink, revive, and rediscover Lululemon product through a trade-in and resale program. Starting in May, Lululemon guests in…