Latest in Government
François-Henri Pinault’s Surprise China Trip Boosts Ties With Local Government, Retailers
The whirlwind trip is taking the Kering head to Shanghai, Beijing, Chengdu and Nanjing, where he has been…
Will Industry Invest in the New Pakistan Accord?
Companies are signing on to the extension of the Bangladesh Accord to Pakistan — but now investment must…
French Culture Minister Shows Support for Emerging Designers
Rima Abdul Malak took a private tour of the FHCM's Sphere showroom ahead of its opening.
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China’s Economy Climbed 3 Percent in 2022, Retail Sales Slid 1.8 Percent in December
Despite a dismal roundup, investors have mostly looked past 2022 as China heads toward reopening and…
Adidas Hit by Widespread Hoax
The company refuted a fake press release that said it had named a co-CEO to ensure ethical manufacturing.
Southern California Ports See Big Drop in Business
Ports will see a slow start to 2023 as an early Chinese New Year means Asian factories will shut for as long…
Sidney Toledano Elected Head of Chambre Syndicale de la Haute Couture
The long-standing LVMH Möet Hennessy Louis Vuitton executive succeeds Ralph Toledano in the role.
New Shanghai COVID-19 Rules Dim China Luxury Market Outlook
According to Barclays, the latest round of restrictions in one of China's most important luxury hubs will…
Threat of Railway Strike Looms Over Holiday Season
The NRF's Matthew Shay warns a holiday strike could be "devastating."
Karen Bass to Become First Female Mayor of Los Angeles
After a tight race, shopping center developer Rick Caruso concedes the race with some 75 percent of the…
China Eases Travel Restrictions, Lifts Flight Bans
Despite easing COVID-19-related travel curbs, Barclays expects restrictions to continue to hurt traffic and…
New York Officials to Use Counterterrorism Tactics at NYC Marathon
No threats exist but police presence, bomb squads and maritime teams will be highly visible on the course.
Saudi Fashion Commission to Host Fashion Futures Summit in Riyadh in November
Saudi Arabia's Fashion Commission revealed Thursday it will be hosting the third edition of its development…
Pound Rallies as Rishi Sunak to Become Britain’s Third Prime Minister in Seven Weeks
Penny Mordaunt and Boris Johnson both withdrew from the Tory leadership race by early Monday afternoon London…
China Releases Third-quarter GDP Results After President Xi Jinping Secured Third Term in Power
The world's second-largest economy grew 3.9 percent in the third quarter compared with the same time last…