Consumers are now choosier, creating a market of winners and losers There has rarely been a better time to be a luxury brand—as long as you are a cool one. After the malaise and soul-searching of 2016, when sales of expensive handbags and watches fell for the first time since the 2009 financial crisis, consumers … More The reborn bling dynasty in China
lululemon athletica inc. announced on June 7, 2018, that it has agreed to repurchase 3.3 million shares of its common stock in a private transaction with funds affiliated with Advent International Corporation (Advent). These shares will be repurchased under the company’s recently increased USD 600 million share repurchase authorization and funded with cash on hand … More lululemon athletica inc. announces repurchase of 3.3 Million shares from Advent International Corporation
A great success for the special event at Naked Hub in Shanghai, where Garmon has awarded a young designer from Donghua University with a week of training in The Italian Job, Garmon’s Research & Design studio in Italy. On May 31, 2018, Garmon Chemicals, CCI, COTTONSMITH, a COTTON USA brand license, and the College of … More Cotton Creation Era – Denim Creative Design Award”: Garmon Chemicals promotes Traceability and Sustainability with COTTON USA
Wall Street has long loved subscription businesses. From Costco to Netflix to Dollar Shave Club, the successful ones lock in customers who provide a steady, predictable stream of revenue The latest subscription love interest is Stitch Fix, the fashion service that had its initial public offering in November. Investors were skeptical, partly because it came … More Is Stitch Fix the Netflix of Fashion?
The European Commission can confirm that on 5 June 2018 its officials carried out unannounced inspections in several Member States at the premises of companies active in styrene monomer purchasing. The Commission has concerns that the inspected companies may have violated EU antitrust rules that prohibit cartels and restrictive business practices (Article 101 of the … More Antitrust – EU Commission confirms unannounced inspections in the styrene monomer purchasing sector