"Companies consider bold moves in rebuilding their supply chains for the future."
"Companies consider bold moves in rebuilding their supply chains for the future."
"The model could boost sales online, but it may not be good for every sector."
"The model could boost sales online, but it may not be good for every sector."
"Covid-19 has shone a spotlight on both the importance and precariousness of small business."
"Covid-19 has shone a spotlight on both the importance and precariousness of small business."
"The fashion designer’s company has been losing money for years."
"The fashion designer’s company has been losing money for years."
"Skin whitening products are part of a colonial history."
"Skin whitening products are part of a colonial history."
"Home working has relaxed work attire."
"Changing stakeholder behaviour may lead companies to reconsider their status quo."
"Changing stakeholder behaviour may lead companies to reconsider their status quo."
"The importance of the government lifting the beauty ban."
"The importance of the government lifting the beauty ban."
"James Flemons on his intentions as a Black, queer designer."
"Is the future one of truly functional fashion?"
"Is the future one of truly functional fashion?"
"Black artists, models and designers say they have been pigeonholed."
"Black artists, models and designers say they have been pigeonholed."
"The company's online business ‘exploded’ as the coronavirus hit the US."
"The company's online business ‘exploded’ as the coronavirus hit the US."
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.