**Zalando Faces a Second-Quarter Slump, Hit by Online Competition and Economic Headwinds** **Introduction:** Zalando, the German online fashion retailer, has reported a decline in its second-quarter sales and profits, primarily attributed to increased competition in the e-commerce market and the…
**The 2024 Met Gala: A Night to Honor Karl Lagerfeld** The Metropolitan Museum of Art’s annual Costume Institute Gala, commonly known as the Met Gala, returned to its traditional spot on the first Monday in May on the 6th of…
**Chinese Consumer Sentiment Starts to Improve, Surveys Show**. **New York, NY** – Consumer sentiment in China is starting to improve, according to a pair of surveys released this week.. The first survey, conducted by the China Center for Economic Research…
**US Textile Imports Witness Significant Decline in First Half of 2023**. The United States’ textile imports experienced a substantial decline of 23% in the first half of 2023, according to data released by the Office of Textiles and Apparel (OTEXA).…
NEW YORK, USA, 2024-Nov-17 — — The Fashion Institute of Technology (FIT) celebrated its annual gala on Monday, November 14, in person for the first time since 2019. The event raised a record-breaking $5.3 million to support scholarships for…
**US Department Stores Face Surging Credit Delinquencies Amid Fiscal Constraints** **Introduction** Department stores across the United States are grappling with a rise in credit delinquencies as consumers grapple with escalating living expenses and a tightening economic climate. The trend, attributed…
**Amazon Fashion Deals and Sales**. Amazon Fashion is a one-stop destination for all your clothing, shoes, and accessories needs. With a wide selection of brands and styles, you’re sure to find something you love. And with Amazon’s unbeatable prices and…
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When the sports world comes to San Francisco, the city transforms into a different beast. The normally tame and collected city becomes a raucous and electric hub, filled with energy and excitement.. This past weekend was no different, as the…
**Financial Institutions Warn Against Panic as Tech Stock rout Spreads** **Key Points** * Tech stocks have been on a downward spiral in recent weeks, with the Nasdaq Composite Index falling by over 20% from its peak in November 2021. *…
