Hudson’s Bay strikes European Merger Agreement

By guest authors Anthony Shevlin and Suzanne Kapner from Wall Street Journal Deal will join Germany’s two biggest Galeria Kaufhof and Karstadt department-store chains under one company Hudson’s Bay Co. HBC -1.18% said Tuesday it has agreed to sell and combine parts of its European business with Signa Retail Holdings of Austria, in the latest … More Hudson’s Bay strikes European Merger Agreement

Second quarter of 2018 – Annual growth in labour costs at 2.2% in Euro Area sand 2.6 % in EU28

Hourly labour costs rose by 2.2% in the euro area (EA19) and by 2.6% in the EU28 in the second quarter of 2018, compared with the same quarter of the previous year. In the first quarter of 2018, hourly labour costs increased by 2.1% and 2.8% respectively. These figures are published by Eurostat, the statistical … More Second quarter of 2018 – Annual growth in labour costs at 2.2% in Euro Area sand 2.6 % in EU28

Awards

WTO announces winner of 2018 Essay Award for Young Economists The winner of the 2018 WTO Essay Award for Young Economists is Alonso de Gortari of Harvard University. His paper, “Disentangling Global Value Chains”, was ranked first by the Selection Panel. He receives a prize of CHF 5000. The Selection Panel also gave an honourable … More Awards

KPMG and Textile Exchange Develop an SDG Roadmap for the Apparel, Retail and Textile Sector

The Sustainable Development Goals (SDGs) —a set of 17 universally agreed-upon goals addressing the top current environmental, social and economic issues—offer many business opportunities for companies while addressing critical operational risks, according to a new report produced by audit, tax and advisory firm KPMG LLP, in partnership with the non-profit organization, Textile Exchange,   “Threading the … More KPMG and Textile Exchange Develop an SDG Roadmap for the Apparel, Retail and Textile Sector

Last chance to participate at First Regional OCRT Burkina Faso

Textile Exchange is delighted to invite you to join us in Koudougou, Burkina Faso, for the country’s first Regional Organic Cotton Round Table (OCRT) from September 26 – 29th, 2018, hosted in collaboration with Catholic Relief Services (CRS). Held during the International Cotton and Textile Conference (SICOT), the Regional OCRT is part of 4 days … More Last chance to participate at First Regional OCRT Burkina Faso

Wacker Invests in Jena Biotech Site

In Jena, the Munich, Germany based chemical group WACKER has enhanced its production facilities for biopharmaceuticals – also known as biologics – with new equipment. Furthermore, an inspection by the Brazilian health authority ANVISA assessing the site’s quality standards was a major success. Both developments increase the appeal of the Jena site and offer benefits … More Wacker Invests in Jena Biotech Site