Global consumers say affordability will be key for shopping post-Covid

It also means they’ll prioritise affordability (32%) and health (25%), over the planet (17%), society (14%) and experience (12%) in the future.That said, given that the survey…

India to renew labour law overhaul drive to boost jobs

Modi made a shake-up of India’s labour market a part of his reform agenda after coming into office in 2014, but opposition from unions and a bruising…

India’s NSE warned Future Retail of action over disclosures on Amazon dispute – emails

Future Retail – one of country’s top retailers – has been locked in a bitter dispute with Amazon over its $3.4 billion retail assets deal with Reliance…

Israel’s diamond industry grinds to halt amid coronavirus

Before the new coronavirus reached Israel, the trading floor was often a hive of activity where hundreds of people from around the world crowded around desks equipped…

Kanye West’s clothing brand, Hollywood production companies on pandemic loan list

Billionaire rapper West’s clothing brand Yeezy received clearance for a loan of between $2 million and $5 million under the Paycheck Protection Program, the U.S. Small Business…

Legal battle between Chanel and The RealReal continues

The conflict began in November 2018, when Chanel first named The RealReal in a trademark infringement and counterfeiting lawsuit filed in a New York federal court. In…

Luxury- 10 keys to understanding new global consumption trends

“A very keen understanding of local customs and consumption trends is the new pre-requisite for brands that intend to operate internationally. Above all, it is necessary to…

Kering and L’Occitane create ‘Climate Fund for Nature’

“Innovative financing mechanisms are crucial to channel much-needed investment into nature-based solutions if we are to reverse biodiversity decline by 2030 and, simultaneously, address climate change, which…