By Reuters Published September 29, 2025 India’s government has drafted a proposal to ease foreign investment rules to allow e-commerce companies such as Amazon to buy products directly from Indian sellers and then sell them to overseas customers, a document showed. Reuters India prohibits foreign e-commerce companies from selling goods directly to consumers at home...
Switzerland has offered to invest in the US gold-refining industry, as part of its efforts to persuade the Trump administration to lower the 39 percent import tariff imposed last month. The levy — the highest of any developed nation — has already hit exports to America and curbed growth forecasts. Now Swiss officials are weighing...
Consumers are spending, but not necessarily on shoes. U.S. consumer spending intentions on softgoods, such as apparel and shoes, over the next 90 days are up 5.9 percent versus year-ago levels, according to a UBS survey earlier this month. High-income consumer spending intentions jumped 10.4 percent. “We think this is very important since high-income consumers...
Translated by Nazia BIBI KEENOO Published September 29, 2025 Fendi has announced that, as of October 1, Silvia Venturini Fendi will assume the role of honorary president of the Roman Maison, following her illustrious creative tenure, which included overseeing the women’s wear collections during the brand’s centenary year. In her new capacity, she will champion...
Trump had said last month his administration was looking to reclassify marijuana, which could also result in potentially easing criminal penalties around its use. Hemp-derived cannabidiol (CBD) could “revolutionize senior healthcare” by helping reduce disease progression and was shown as an alternative to prescription drugs, he said in a post on Truth Social on Sunday....
Christopher John Rogers typically holds runway shows once a year, so this season he was back in his lower Manhattan studio, showing Collection 16 by appointment. “Looking back, last season we were maybe looking at a lot of the external expectations, about what people were expecting from us, and leaning more into evening in a...
Translated by Nazia BIBI KEENOO Published September 29, 2025 After a week in Milan, which ended on Sunday, the fashion world now turns its attention to Paris. And just as in the Lombard capital, in the City of Light, all eyes will be on the star artistic directors (ADs) of major fashion houses making their...
Primark is in for some more competition in its biggest market as Zara owner Inditex SA plots a UK debut for its ultra-low-cost chain Lefties, a move that could dent the British retailer’s dominance. The Arteixo, Spain-based group has considered at least four locations for Lefties in the UK with 20,000 square-feet plots most likely,...
The persistent absence of women in top creative roles at major fashion houses is too striking to ignore. Yet when the doors to these positions remain closed, a saying comes to mind: If the mountain will not come to Muhammed, then Muhammed must go to the mountain. Ilenia Durazzi should choose this motto as her...