Bagir in H1 loss, is upbeat for US growth after Shandong Ruyi investment
Its revenues dropped to US$24.8 million, in line with management expectations, from $28.1 million. Its adjusted Ebitda loss was $1.7 million, after it made a profit of…
French fragrance masters of Grasse get Unesco heritage boost
The United Nation’s cultural agency said it had added the skills linked to cultivating flowers and blending fragrances in Grasse to its list of protected treasures.Still considered…
Heat and drought drive south India’s farmers from fields to cities
His family lived comfortably from its farmland of just over 2 acres (0.8 hectares), growing vegetables, coconuts and millet irrigated by the Cauvery river and the rain.Kumar…
Global Fashion Agenda calls for action against climate change at Davos World Economic Forum
The previous edition of the CEO Agenda was published in March 2018 at the Copenhagen Fashion Summit, and it set out four long-term objectives: eco-inspired design, circularity, better wages…
Brexit has damaged UK economy even though trade with EU has recovered
The report was written by London School of Economics associate professor Swati Dhingra – who will join the Bank of England’s Monetary Policy Committee in August –…
France seeks support for minimum corporate tax at world level
Finance Minister Bruno Le Maire said the Group of Seven (G7), of which France holds the rotating presidency, should consider setting a joint minimum corporate tax and…
How face masks and boiler suits ruled fashion in 2020
Bandanas, XXL jewelry, belt bags and platform thigh boots: they were supposed to be fashion’s stars of 2020. But the novel coronavirus pandemic soon put paid to…
India says cash ban hits growth
“The adverse impact of demonetisation on GDP (gross domestic product) growth will be transitional,” said the survey compiled by the government’s chief economic advisor Arvind Subramanian.In the…
Levi’s launches SecondHand denim buyback program
The program will see broken-in, but still wearable, Levi’s denim pieces revived and re-sold to extend their life, taking way from what Levi’s and e-consignment company ThredUp…
Hermes expands in Hong Kong betting on return of luxury shoppers
The three-floor store in Causeway Bay’s Lee Gardens is undergoing renovations and is expected to reopen around mid-year with a much larger area, according to people familiar…