All News briefs articles – Page 79
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News briefs
Meta not allowed to use personal data for advertising
Facebook owner Meta will no longer be allowed to use the personal data of its users in Europe for advertising personalization without being asked. This was the decision of the responsible Irish data protection authority DPC. At the same time, the authority imposed a fine of €390 million. According to ...
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News briefs
Re:store acquires fashion and lifestyle marketplace Trouva
Trouva, a London-based online marketplace focused on showcasing independent boutiques and brands focused on homewares, fashion and lifestyle, has been acquired by Cambridge-based startup Re:store from its previous owner, the clothing brand Next. Terms of the deal were not disclosed. In its press release, Trouva states that Re:store’s goal with ...
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News briefs
Germany requires Covid tests for travelers from China
Travelers coming into Germany from China will be required to present a Covid-19 test to enter the country, announced the German Health Minister Karl Lauterbach. Passengers from China must present “at least a rapid antigen test,” Lauterbach said in a note. At the same time, he added that there would ...
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News briefs
Amazon to lay off 18,000 people
Amazon will lay off over 18,000 employees, with the majority focused on Amazon Stores and the People, Experience, and Technology (PXT) organizations, announced Andy Jassy, the company’s CEO. The U.S. online retailer plans to start talking to employees or representative bodies from Jan. 18. “Amazon has weathered uncertain and difficult ...
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News briefs
First wave of Chinese Covid cases may peak on Jan. 13
A first wave of Covid-19 cases in China is expected to peak on Jan. 13 with 3.7 million cases a day, according to Airfinity, a British provider of global health intelligence and analytics. Deaths are estimated to peak 10 days later at approximately 25,000 a day. By that stage, China ...
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News briefs
China condems Covid tests on its travelers
China has condemned the imposition of Covid-19 tests by about a dozen countries for travelers from the country and has warned that “countermeasures” are possible. “Some countries have taken entry restrictions targeting only Chinese travellers,” Foreign Ministry spokesperson Mao Ning said during a regular briefing. “This lacks scientific basis and ...
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News briefs
ANWR Garant Austria appoints a new managing director
ANWR Garant Austria is appointing a new managing director. On March 1, 2023, the former professional soccer player Andreas Mayer will succeed Georg Schachl, who will retire at the end of April. For the past five years, 48-year-old Mayer led the retail consulting department for the Sport 2000 Österreich ...
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News briefs
Turkish inflation slows down
Turkish consumer prices rose by 64.27 percent year-on-year in December, slowing down from an 84.39 percent increase in November, according to the statistics office Tuik. Prices for clothing and footwear were up by 25.87 percent. It was the category that registered the lowest annual increase in December. Month-on-month, overall inflation ...
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News briefs
Go Sport names a turnaround specialist at its head
About two weeks before Grenoble’s commercial court is expected to rule on the possible insolvency of Go Sport, its parent company Hermione, People & Brands (HPB) announced that Patrick Puy was appointed as the new general manager of the French sports chain, effective Jan. 4. Go Sport, based in Sassenage ...
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News briefs
Florence buys an Italian embroidery manufacturer
Gruppo Florence, an Italian holding company that owns suppliers to the luxury goods industry, has acquired the Italian embroidery firm Ricamificio GS located in Sant’Egidio alla Vibrata in the Abruzzo region. The company was bought from the Galiffa family. No financial details were released. Ricamificio GS is the 22nd company ...
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News briefs
Spain introduces Covid controls for passengers from China
Spain is introducing Covid-19 controls in its airports for passengers coming from China, announced the health minister Carolina Darias. Passengers will have to prove that they have been tested negative or are fully vaccinated, she said. Other countries including, Italy, have also introduced mandatory tests on travelers coming from China, ...
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News briefs
Vivienne Westwood dies aged 81
Vivienne Westwood died on Dec. 29 at the age of 81, her namesake fashion house announced on Twitter. The British fashion designer died “peacefully and surrounded by her family, in Clapham, South London,” it said. Born Vivieen Swire on April 8, 1941, she kept the name of her first husband, ...
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News briefs
U.S. retail sales up 7.6% during holiday period
In the period running from Nov. 1 to Dec. 24, U.S. retail sales rose by 7.6 percent year-on-year, according to the Mastercard SpendingPulse survey that measures in-store and online retail sales across all form of payment, not adjusted for inflation. Spending on apparel grew by 4.4 percent. “This holiday retail ...
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News briefs
China drops Covid quarantine for in-coming travelers
Chinese health authorities announced that the countrywill abolish mandatory Covid-19 quarantine for travelers coming into the country from Jan. 8. The decision was made despite a jump in Covid cases in the country, which are estimated to have reached 250 million over the last three weeks. Meanwhile, countries including Japan ...
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News briefsInditex agrees on 3-year engagement with WWF for biodiversity projects
Spanish fast fashion group Inditex, owner of Zara, Bershka and Pull&Bear, among other retail brands, has entered a partnership with the World Wide Fund for Nature (WWF) to support several of the conservation association’s projects. The collaboration will start with nine initiatives across four regions focused on forest conservation, water ...
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News briefs
Skechers opens a flagship store in Ireland
Skechers has opened a flagship store on Dublin’s Grafton Street. In addition to the Henry Street concept store and four other retail outlets in the greater Dublin area, the new 929 sqm location is designed to showcase Skechers’ extensive range and technologies in one of Ireland’s busiest neighborhoods and expand ...
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News briefs
Spartoo’s TooPost gains nearly 50 clients in 2022
Spartoo said that its TooPost service has gained nearly 50 clients in 2022. The service now has more than 165 e-merchants as customers. TooPost, which offers an end-to-end transport service, delivers more than 4 million packages every year, at least 98 percent of which are delivered within the specified time, ...
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News briefs
Shoe Carnival launches a new $50m share buyback
Shoe Carnival’s board has authorized a new share repurchase program for up to $50 million of its common stock, starting Jan. 1, 2023. The program replaces an existing $50 million share repurchase program that was authorized on Dec. 16, 2021 and expires on Dec. 31, 2022. The board also ...
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News briefs
Nice Footwear delisting process to start Jan. 9
The public tender launched by the Italian private equity firm Palladio Holding for the Italian footwear group Nice Footwear will start on Jan. 9 and last until Feb. 10. The move to delist the footwear company comes just over a year of its flotation on the Milan stock exchange on ...
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News briefs
Asos names a new board member
The British online fashion retailer Asos has appointed Marie Gulin-Merle as non-executive director. Gulin-Merle has more than 20 years of experience in marketing and digital transformation, working in technology, beauty and fashion. She is currently Google’s global vice president of ads marketing, based in New York, leading all marketing activities ...
