Retail sales in Russia rose more than expected in August, suggesting a tepid economic recovery is underway, but real wage growth was slightly lower than forecast and agricultural output tumbled, data showed on Wednesday.
The company announced it reached an month an agreement with Brazil’s Mover Participações (formerly Camargo Corrrea) to acquire 100% of the shares of textile company Santista SA and all its subsidiaries.
The city of Los Angeles, a leading centre of the world’s fashion industry, moved on Tuesday towards becoming the largest U.S. metropolis to outlaw the sale and manufacture of most fur products within its limits.
Garment workers in Bangladesh have rejected an increase in the minimum wage, saying it is still not enough to live on and urging global brands to pay more for the clothes they buy, unions said on Monday.
Burberry may have come under fire for destroying nearly £30m worth of product, but the firm is clearly doing plenty right on the sustainability front as it’s the top luxe brand in the new Dow Jones Sustainability Index.