Global fashion luxury group Capri Holdings Limited announced that it has signed a definitive agreement to acquire Italian atelier and shoe manufacturer Alberto Gozzi in Pistoia, Tuscany. The Alberto Gozzi factory, owned and operated by the Gozzi family since its founding in 1974, has produced high-end shoes for many of the world’s top luxury brands … Read more
Fashion brands focus on their eco-credentials after warnings about polyester fabrics and unethically-sourced down
There is no hiding the fact that people look for luxury in what they purchase. Whether you are a housewife, a highly paid executive, a teacher, or a young millennial, you want the best of what is out there. Luxury is not just a thing; it is a lifestyle. You need to know, however, … Read more
Investor demand pushes oil giant’s market value to $1.9tn on first day of trade in Riyadh
eCommerce revenue now represents 10.7% of U.S. retail sales. With 47% of eCommerce transactions (or 5% of all U.S. retail sales), Amazon has surpassed Walmart as the world’s largest retailer. Globally, online’s share of total retail sales is now 16.4%, with eCommerce accounting for more than three-quarters of overall retail growth. Fueled by … Read more
After 40 years of successfully organizing wine and spirits shows, Vinexpo will be launching a new dedicated platform in Paris. Vinexpo Paris 2020 will be making its inaugural debut in response to market demands. According to the forecast study conducted by IWSR (International Wine and Spirit Research), in the next 5 years, Europe … Read more