lululemon athletica provides Business Update on COVID-19

lululemon on March 15, 2020, provided an update on its global store operations in response to the continued spread of COVID-19. In light of the rapidly changing developments, lululemon announced the closure of all stores in North America and Europe, from March 16 through March 27. Guests can continue to shop on lululemon.com. “We are … More lululemon athletica provides Business Update on COVID-19

All but four of Apple’s stores in mainland China have reopened after coronavirus shutdown

By guest author Arjun Kharpal from CNBC Key Points China is a critical market for Apple. The iPhone maker warned that it would not meet the already wider-than-usual revenue guidance it gave for the March quarter of USD 63 billion to USD 67 billion. Apple has 42 stores in mainland China and 38 of those … More All but four of Apple’s stores in mainland China have reopened after coronavirus shutdown

The new EU Industrial Strategy: how do we get from principles to practice?

EURATEX welcomes the proposed new EU industrial strategy but wonders how the proposed principles will be put into practice; reality checks and close monitoring of the implementation of the strategy will be essential to make a positive and sustainable impact. The European textiles and apparel industry, worth nearly EUR 180 billion and including 171000 companies, … More The new EU Industrial Strategy: how do we get from principles to practice?

Alibaba Foundation and Jack Ma Foundation donate over two million masks plus other medical supplies to support Europe during the COVID-19 health emergency

Alibaba Foundation and Jack Ma Foundation donate over two million masks plus other medical supplies to support Europe during the COVID-19 health emergency. … More Alibaba Foundation and Jack Ma Foundation donate over two million masks plus other medical supplies to support Europe during the COVID-19 health emergency

Swiss Producer and Import Price Index fell by 0.9 % in February 2020

Swiss Producer and Import Price Index fell by 0.9 % in February 2020. The Producer and Import Price Index fell in February 2020 by 0.9 % compared with the previous month, reaching 99.8 points (December 2015 = 100). This decline is due in particular to lower prices for petroleum products. … More Swiss Producer and Import Price Index fell by 0.9 % in February 2020