Fast-fashion retailer Temu sues rival Shein over US antitrust law

Temu, represented by prominent U.Sคำพูดจาก สล็อตเว็บตรง. law firm Boies Schiller Flexner, filed the new case on Friday in Boston federal court.The two companies are already embroiled in litigation in Chicago federal court, where Shein has alleged Temu worked with influencers to dispar…

Read more

German consumer morale declines further heading into June

Private consumption has become the main source of economic expansion in Germany in recent years, supported by record-high employment, increased job security, above-inflation pay hikes and low borrowing costs.The Nuremberg-based GfK institute said its consumer sentiment indicator, which is based on a survey of around 2,000 Germans, slipped for the second month in a row to 10.7 points going into …

Read more

Kering’s Creed buy meets the smell test for Gucci owner

Kering has made no secret of its desire to break into beauty, where bigger rival LVMH already has a sizable business.No financial terms were disclosed for the deal, but Kering said Creed — which it is buying in cash from BlackRock Long Term Private Capital Europe and the fragrance house’s Chairman Javier Ferrán — had sales of more than €250 million ($274 million) and very high m…

Read more

Footasylum moves to tackle suspicious refund claims

The footwear chain, which has more than 65 stores across the UK and stocks international brands including Nike and Adidas, has signed up to Claims Detect Online, a new tool from not-for-profit initiative National Business Crime Solution (NBCS).CDO is a data-sharing platform designed to help retail businesses spot potentially fraudulent non-delivery claims.

“Our objective is to identify …

Read more

NRF urges retailers to adopt nationwide mask policy

 “The health and safety of associates and customers is retailers’ number one priority and wearing a face covering or mask is scientifically proven to reduce the spread of COVID-19,” said the organization. “NRF applauds the leadership of companies like Walmart, Starbucks, Best Buy, BJ’s Wholesale Club, Apple, Qurate Retail Group, Costco and others that have implemented nationwide mask…

Read more

Lululemon announces new social and environmental goals

In the report, the yogawear maker laid out a multi-year strategy that addresses critical social and environmental issues via 12 goalsคำพูดจาก สล็อตเว็บตรง. These commitments fall under three pillars – ‘Be Human’, ‘Be Well’ and ‘Be Planet’ – and touch upon a range of global issues, includi…

Read more

China’s antitrust regulators weigh levying record fine on Alibaba

The fine could surpass the $975 million that Qualcomm paid in 2015 over anticompetitive practices, the report said. The regulators are also considering whether the Chinese e-commerce giant should divest some assets unrelated to its main online-retailing business.Alibaba declined to respond to a Reuters request for comment.

Founder Jack Ma’s business empire has been put under intense scrut…

Read more

Shippers, online retailers seek way around rising delivery costs

Shippers’ margins are falling or stagnating, despite steady price increases, because homes are roughly three times as expensive to deliver to as business addresses. And retailers cannot pass along the cost, because they must offer free shipping in order to compete.The shared solution: design new, space-saving packages that can help improve package density on delivery trucks. This cuts costs for…

Read more

Sri Lanka- default of twelfth-largest EU, USA apparel supplier

On Tuesday 5 July, a little over three months after the country’s problems began escalating severely, Prime Minister Ranil Wickremesinghe told parliament that the crisis was likely to be long-lasting, as negotiations with the International Monetary Fund for debt relief were proving especially toughคำพูดจาก Read more