The European Union

European Union to focus on fashion and high-end industry

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In the new EU Industrial Policy strategy, published on 10 October, the European Union announces its intention to focus on creative industries, such as the European fashion, high-end, and luxury industry. “Given their economic significance, it is important to ensure that adequate policies are in place at EU level that take into account these business … Read more

European Union bans exports of luxury goods to Syria

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As violence surges in Syria, The European Union decided to ban the exports to Syria of luxury goods, including boats, with possible military applications. The new EU sanctions are designed partly to target the family of the Syrian president, in particular his wife Asma al-Assad, who is said to have continued shopping for luxury products … Read more