Debenhams CEO Sergio Bucher is planning to bring more ‘excitement’ into its stores by reducing clutter on the shop floor, as the company faces backlash for reportedly asking for unreasonable supplier discounts.
The collapse of Sears Canada, leaving vacant stores across the country, could actually boost profits for many mall owners who will be able to replace the retailer with tenants who can afford higher rents.
The 15-year-old daughter of Cindy Crawford has already modeled for Marc Jacobs and now she’s collaborated on her first design for the brand. Gerber’s purse is glittery patchwork version of Jacobs’ Snapshot bag.
Small and medium-sized enterprises in China are capitalising on the e-commerce boom to restructure the way business is done. Online sales of consumer goods in China soared 26.2 per cent from the previous year in 2016.
Iran is slated to get its first ever apparel industrial park which will be set up by the public, private and cooperative sectors of the country. The park is being established to meet domestic demand and boost exports.
India's new Goods and Services Tax (GST) will unify the indirect tax system and remove domestic barriers to trade, which should support productivity gains and GDP growth over the long term, says Fitch Ratings.
At midnight on Friday, India will introduce nationwide goods and sales tax with Prime Minister Narendra Modi taking centre-stage in parliament for what will be the country's biggest tax reform in 70 years.