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Latest in Government and Trade

China’s Retail Sales Growth Slows in July, Missing Expectations

Retail sales rose 2.5 percent, down from 3.1 percent in June.

Luxury Stocks Surge After China Announcement on Group Travel

The country just lifted its travel ban on group tours to 78 countries.

Pierre Cardin, Ahlers Agreed to Restrict Sales, European Commission Finds

The commission sent a statement of objections Monday to the French fashion house and its German licensee…

Lawmakers to Debate Return of Tax-free Shopping in U.K.

Some 50 British members of Parliament will gather in London on Sept. 7 to argue the pros and cons of…

China GDP Grew 6.3% in the Second Quarter, Retail Growth Slowed Sharply in June

According to Moody's Analytics, the "pandemic hangover" is still plaguing China's recovery story.

Canada Probes Nike Over Forced Uyghur Labor Allegations

It is the first time the complaint mechanism, established by the Canadian government in 2019, has been used.

The Vampire’s Wife Label Settles Debt With U.K. Tax Office

The fashion company said it has raised fresh funds from existing investors to pay off its outstanding debts. 

Italian Footwear Industry Sees Slowdown in Export Volume and Production Despite Sales Increase

As sales and export value rise, production and export volume have fallen across the Italian footwear industry.

The Former White House Staffers Helping Fashion Talk Social Impact

Thomas Isen and Alex Yudelson are bringing their Washington communication skills to fashion with Second Floor…

Parsing Talk From Action Around U.S.-China Trade

Sally Peng from FTI Consulting said clients are weighing the benefits of a strategy involving China and one…

Cotton Forecast Points to Price Stability, Record Yields

Over the past 12 months, U.S. harvests were looking grim.

Unilever Shares Hold Steady After Ukraine Calls Consumer Giant ‘War Sponsor’

Ukraine's National Agency on Corruption Prevention has added the owner of brands including Dove, Vaseline and…

Thirty Italian Brands to Show at Miami’s Cabana Show

The swimwear trade fair will be held at the city's Convention Center from July 8 to 10.

Bernard Arnault Hailed as ‘God of Fortune’ in China

Arnault traveled to Chengdu and Shanghai after landing in Beijing on Tuesday.

LVMH’s Bernard Arnault Makes Surprise Visit to Beijing

Arnault conducted store visits at SKP Beijing, China World Mall and WF Central on Tuesday.