Autumn 2017 EU economic forecast focuses on continued growth in a changing policy context

The Euro Area economy is on track to grow at its fastest pace in a decade this year, with real GDP growth forecast at 2.2%. This is substantially higher than expected in spring (1.7 %). The EU economy as a whole is also set to beat expectations with robust growth of 2.3 % this year … More Autumn 2017 EU economic forecast focuses on continued growth in a changing policy context

OECD Composite leading indicators continue to point to stable growth momentum

Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to point to stable growth momentum in the OECD area as a whole. Stable growth momentum remains the assessment for the United States, Japan, Canada and the euro area as a whole, including France. … More OECD Composite leading indicators continue to point to stable growth momentum

U.S. Ralph Lauren’s retreat from discounting helps bolster profit

Ralph Lauren Corp., the 50-year-old fashion brand known for its preppy style, is making good on its effort to rely less on markdowns — even if it means selling fewer clothes But the move to eschew markdowns is taking a toll on sales Company sees USD 500 million Greater China sales in five years “As … More U.S. Ralph Lauren’s retreat from discounting helps bolster profit

Personalities

Marks & Spencer clothing and beauty director will leave to become White Stuff CEO Jo Jenkins, who had joined Marks and Spencer in 2013, started her new role earlier this month Marks & Spencer has been hit by the departure of a senior member of its troubled clothing division, just weeks after starting a new … More Personalities

Novel cleaning process for sensitive outerwear

This is another feature in conjunction with the Aachen-Dresden-Denkendorf Internatinal Textile Conference taking place at the end of November 2017 Shock waves and liquid detergents A Revolution for industrial laundry looms on the horizon: cleaning with shock waves at washing temperatures at 20 °C with low energy consumption. A stain of red wine at the … More Novel cleaning process for sensitive outerwear