The shock arrest of the head of South Korea's Lotte for bribery sent shares in group firms plunging on Wednesday as investors fretted about a leadership vacuum at the country's fifth-largest conglomerate.
Much has been made of millennials’ dedication to sustainable brands but, according to a new study from LIM College, a fashion product’s eco-friendliness may be far from their first consideration when making purchases.
The US athletic footwear sector grew by 2 per cent last year, generating $19.6 billion in sales, according to The NPD Group. Unit sales grew by 2 per cent and average selling price remained flat, at $58.16.
Unilever , one of the world’s biggest spenders on advertising, has threatened to pull ads from digital platforms such as Facebook and Google if they “create division” in society or fail to protect children.
British shoppers spent less last month than the year before, causing spending in January to fall for the first time since 2013, according to a survey which underscored many households’ caution about their finances.
January retail footfall dropped in the UK with the 1.6% fall being bigger than the 1.3% drop a year ago. But at least it’s better than the three-month average of 1.8% that really underlined how tough UK retail is.
Retailer C&A is expanding its recycling program ‘We Take it Back’ to Belgium, Luxembourg and Switzerland. Launched in 2012 in the Netherlands, the initiative has already collected 278,000 kilos of unwanted clothing.