Swiss GDP in the 1st quarter of 2018

Switzerland’s real gross domestic product (GDP) grew by 0.6% in the 1st quarter of 2018.* Although growth lost some momentum in comparison to the second half of 2017, it was nevertheless broad-based across the various business sectors. The secondary sector expanded modestly, while growth in several service sectors accelerated, including in trade and business-related services. … More Swiss GDP in the 1st quarter of 2018

Italian OVS clothier failed for the second time in Switzerland (updated June 3, 2018)

By Virginia F. Bodmer-Altura Fashion retailing in Switzerland is engaged in a fierce battle and marked by significant changes of ownership or even closures. Only two years ago, the Italian OVS clothier – the brand is the foremost of Italy – took over Charles Vögele, a formerly well established chain with outlets in Switzerland, Germany, … More Italian OVS clothier failed for the second time in Switzerland (updated June 3, 2018)

Swiss retail proceeds increased in April 2018

According to provisional results established by the Swiss National Statistic Office (BFS) April retail proceeds increased in April as against the same months 2017 by nominal 2.2 %. Seasonally adjusted, however the nominal proceeds against the month of March decreased 0.1 %. In real terms corrected by sales and holiday effects retail proceed in April … More Swiss retail proceeds increased in April 2018

UK monthly Retail Sales: April Very Weak Due to Earlier Easter

Key Points   April was an exceptionally weak month for year-over-year retail sales growth. Value sales were up just 0.8% year over year and volumes were down 1.2%. An early Easter hit April sales: Easter Sunday fell on April 1 this year versus April 16 last year, and this pulled some Easter-related spending forward into … More UK monthly Retail Sales: April Very Weak Due to Earlier Easter

International Nonwovens Symposium 2018 closes with an eye on sustainable future

EDANA closed its 2018 International Nonwovens Symposium (INS) today, having confirmed the industry’s confidence in the opportunities and strengths of the nonwovens industry. A warmly received keynote presentation on IKEA’s global material sourcing strategy from Anders Bergner was followed with a very well attended session with enlightening examples of credible steps into the circular economy … More International Nonwovens Symposium 2018 closes with an eye on sustainable future

Single-use plastics: New EU rules to reduce marine litter

With the amount of harmful plastic litter in oceans and seas growing ever greater, the European Commission is proposing new EU-wide rules to target the 10 single-use plastic products most often found on Europe’s beaches and seas, as well as lost and abandoned fishing gear. Together these constitute 70 % of all marine litter items. … More Single-use plastics: New EU rules to reduce marine litter