LVMH gets access to Tiffany’s books after it raises offer – sources

The development represents a key milestone in LVMH’s bid for the iconic U.Sคำพูดจาก สล็อตเว็บตรง. maker of engagement rings. Tiffany earlier this month rebuffed LVMH’s initial $120-per-share all-cash offer, arguing it significantly undervalues it.Tiffany agreed to provide LV…

Read more

Modi’s clampdown on e-commerce in India may not win back votes of small retailers

From Feb. 1, e-commerce firms such as Amazon.com and Walmart-owned Flipkart Group will not be able to sell products from companies in which they have an equity interest or form exclusive agreements with sellers.Intended to prevent predatory pricing and deep discounting, the curbs follows intense lobbying by India’s many millions of small shopkeepers and the middlemen who serve them, particularl…

Read more

Japan’s retailers struggle to raise prices, even as economy gains momentum

This predicament could undermine the sustainability of Japan’s recovery and highlights just how difficult it will be for the central bank to even get close to its 2 percent inflation target any time soon.Many retailers see lower prices as essential to appealing to Japan’s thrifty consumers. The nation’s biggest retailer Aeon Co. said its price cuts on own-brand groceries actually boosted …

Read more

J&J’s largest India plant idle three years after completion

Yet, three years after the U.S. healthcare company completed construction of production facilities for cosmetics and baby products on the 47-acre site, they stand idle.Two sources familiar with J&J’s operations in India and one state government official told Reuters production at the plant, at Penjerla in Telangana state, never began because of a slowing in the growth in demand for the products…

Read more

Obama signs Nepal trade Bill

The legislation is seen as a boost to the Nepalese garment industry which has been on the verge of collapse since the expiry of Multi Fibre Agreement, popularly known as quota phase out, in January 2005. After the expiry of MFA, the US government has been imposing around 17 per cent tariff on import of cotton apparels.The Nepal programme is authorized for ten years and is designed to help Nepal…

Read more

Swiss body considers ban on Swatch unit selling parts

A decision on the matter is due next week, the paper said, without specifying a reason for the possible ban.Swatch reached a deal with Weka in 2013 to progressively cut the number of watch movements – the tiny mechanisms that make a watch tick without help of a battery – ETA sells each year so as to reduce its dominant market position.คำพูดจาก Read more

Textile machinery- a slowing market except for spinning

This report, entitled “International Textile Machinery Shipment Statistics” (ITMSS), was produced in cooperation with 200 textile machinery manufacturersคำพูดจาก สล็อตเว็บตรง. The survey tracks developments in the industry since it was first published in 1974.This edition, dedicated…

Read more

UK shoppers cast off Brexit blues to spend more in November – BRC

The British Retail Consortium said total retail spending tumbled by 4.4% compared with its figures for November 2018 which included the Black Friday period, unlike this year.Adjusting for that discrepancy, and for differences in the proximity to Christmas of the BRC’s November sales measurement period, the figures looked better for retailers.

Adjusted sales rose 0.9% year-on-year, the big…

Read more

U.S. workers unload first of Hanjin ships stalled by bankruptcy

The Hanjin Greece docked at the Port of Long Beach in California early Saturday morning and workers were hauling off containers of products destined for U.S. retailers, labor union officials said.But ending the Hanjin shipping crisis could be a protracted affair. Port operators, cargo owners, longshoremen, shippers and others all must reach financial agreements with Hanjin before each ship can …

Read more

UK-based Whitmarsh-Knight is new Hyosung Textile marketing chief

Hyosung is a fibre manufacturer and its Creora brand is the world’s largest for elastane, while it also makes Mipan nylon and speciality polyester.Whitmarsh-Knight will oversee marketing for these products having previously been the firm’s Managing Director for HD Wool Active Insulation, as well as its its EMEA Marketing Director, and having worked for Invista.คำพูดจาก Read more