Industria de Diseno Textil SA (ITX.MC)
16 Jan 2019
NEW YORK A slowdown in global consumer confidence threatens to overshadow the holiday shopping season in the United States, which despite a strong start is not immune to developments in Europe.
MADRID/LONDON Clothing retailers have felt a pre-Christmas chill slicing through their margins as they try to lure shoppers to spend rather than hold off in anticipation of ever-bigger price cuts. | Video
MILAN/LONDON European shares rallied on Wednesday after U.S. President Donald Trump sounded upbeat about a trade deal with China and optimism grew that Italy could reach a compromise with the European Commission over its disputed 2019 budget.
DHAKA A group set up by European fashion brands to improve factory safety in Bangladesh has sought a stay on a court order that calls for its local operations to end this week, its executive director said on Wednesday.
BERLIN/DHAKA A group set up to improve safety in Bangladesh's garment industry after the Rana Plaza disaster in 2013 is warning global fashion firms that they will have to stop sourcing from some factories if the watchdog is forced to close next week.
STOCKHOLM Step into one of the more than 4,300 H&M budget fashion stores around the world and you often know what to expect: clothes racks crammed with tops, trousers and skirts in a spartan and sometimes cluttered environment.
STOCKHOLM H&M's sales bounced back in the third quarter, helped by a new logistics system, as the world's second biggest fashion retailer said a revamp to meet growing online and budget competition was paying off. | Video
LONDON European shares rose on Wednesday as oil and mining stocks rallied and investors shrugged off worries over trade tensions between the United States and China.