16.8 Million U.S. New-Vehicle Sales in 2019

The National Automobile Dealers Association, a trade group representing U.S. franchised new-car dealerships, is forecasting sales of 16.8 million new cars and light trucks in 2019. “We expect the sales momentum to continue this year,” said Patrick Manzi, NADA senior economist. “The 2019 auto show season kicks off in Detroit. Dozens of new vehicles, with … More 16.8 Million U.S. New-Vehicle Sales in 2019

Capri Holdings Limited (formerly Michael Kors) completes acquisition of Versace

By guest author Marjorie van Elven from Fashion United Michael Kors Limited has completed its change of name to Capri Holdings Limited. From January 2, its ticker symbol at the New York Stock Exchange will be CPRI. Fashion’s new luxury conglomerate, which includes footwear label Jimmy Choo, has also announced it has completed the acquisition … More Capri Holdings Limited (formerly Michael Kors) completes acquisition of Versace

How Hudson’s Bay Company looks to pay off its debt and revitalize its stores

By guest author Danny Parisi Once, Lord & Taylor’s Fifth Avenue flagship store was a jewel in the crown of Hudson’s Bay Company, its parent company. In 2010, HBC invested USD 150 million in updating the store. Seven years later, Lord & Taylor received another USD 12 million renovation. Yet within just over a year … More How Hudson’s Bay Company looks to pay off its debt and revitalize its stores

STANDARD 100 by OEKO-TEX® test criteria: Details on New regulations in 2019

At the start of the year, the OEKO-TEX® Association as usual updated the applicable test criteria and limit values for product certification in accordance with STANDARD 100 by OEKO-TEX®. The following new regulations come into effect on April 1, 2019 for all certifications, following a three-month transition period: •             The substance benzene has been included … More STANDARD 100 by OEKO-TEX® test criteria: Details on New regulations in 2019

Breaking News – Datacolor® partners with Color Solutions International to improve textile colour identification with ColorReaderPRO

Datacolor®, a global leader in colour management technology, announced today a new partnership with the leading provider of colour standards and colour communication tools for the textile industry, Color Solutions International (CSI). Using Datacolor’s portable colour measurement device, ColorReaderPRO, fashion and apparel brands can now precisely select and identify colour from multiple colour libraries. The … More Breaking News – Datacolor® partners with Color Solutions International to improve textile colour identification with ColorReaderPRO

US Lowe’s announces plans to invest in more than 65000 Jobs in 2019

Roles are focused on enhancing customer service and include seasonal associate, merchandising support, store leadership and technology careers Lowe’s Companies, Inc. announced plans to hire more than 65000 associates this year to improve customer service and product availability. Supporting the growth strategy recently announced by the company’s leadership, Lowe’s hiring investments include: •             More than … More US Lowe’s announces plans to invest in more than 65000 Jobs in 2019