Latest in Government and Trade
La Perla’s Luxury Lingerie May Not Be Over Yet as Italian Court Rules to Restart Part of Its Business
The luxury innerwear brand avoided liquidation and is expected to present a new industrial plan in two months.
New York Earmarks $40 Million to Battle Retail Theft
The initiative will include 100 state police personnel dedicated to the task and more stringent penalties for…
China Q1 GDP Rises 5.3%, Retail Sales Up 3.1%
March data illustrates that it will be difficult to rely on consumption alone this year to drive growth…
Shanghai Aims to Spur Top Brands to Open First Asian Store in City
As part of the city's push for "debut economy 2.0," the First in Shanghai initiatives will award 1 million…
U.K. Cracks Down on Retail Crime and Worker Assault, Sets Tougher Punishments
For the most serious cases of assault, criminals could face a life sentence, while serial offenders will be…
N.Y. Governor Rallies for Approval of $45 Million Retail Theft Proposal
A smash-and-grab task force, funds for merchants to cover security costs and criminal penalties for sellers…
Supreme Court Case Related to Public Safety Heightens Debate Between Retail Groups and Advocates for Unhoused
The Retail Litigation Center and Retail Industry Leaders Association filed an amicus brief Monday with the…
China Sets 5% Economic Growth Target for 2024
Despite the moderate GDP growth, analyst Lynn Song of ING said the theme of "eat, drink and play" could help…
Saudi 100 Brands Returns to Paris With Full Female-led Brands Lineup
This season some 16 brands from Saudi Arabia were brought to Paris for their potential to appeal to…
Tod’s Supports Italian Pavilion at Venice Art Biennale
The group's chairman and CEO Diego Della Valle continues to underscore the importance of preserving Italy's…
London Fashion Week Celebrates Its Big 40 at 10 Downing Street
Lucy Frazer, the U.K.'s secretary of state for culture, media and sport, said the British government will…
Italy’s New Trade Commissioner Checks Out Chicago Collective
Erica Di Giovancarlo will spend her first year absorbing the market to find the best ways to expand Italian…
La Perla Declared Insolvent by Italian Court
The luxury innerwear brand is now helmed by three court commissioners named by a Bologna court.
Swiss Watch Exports Hit Record for Third Year
Ending 2023 on a high note despite a softer second half, Swiss watch exports totaled 26.7 billion Swiss…
EU Rejects Adidas Claim Against Thom Browne’s Grosgrain Ribbon
The Opposition Division of the European Union Intellectual Property Office, based in Spain, has rejected…
