Hong Kong retail sales are expected to post their steepest fall on record in January at around 30%, while tourist arrivals in February fell to under 3,000 a day on average, from around 100,000 in January.
The textile and apparel trade show is taking over Porto Airport from February 19 to 20 in order to present upcoming industry trends. Its organisers expect to welcome 6,400 buyers, 400 of whom will be international.
Amazon CEO Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday.
The programme for the Milan Fashion Week, scheduled from February 18 to 24, features a wealth of new talent, notably from China, Hungary and Africa, plus Emilio Pucci’s catwalk come-back and a host of other events.
A leadership restructure will see four members of Ted Baker’s board leave the embattled fashion business over the next few months as acting CEO Rachel Osborne steers the company through a period of transformation.
Laura Ashley issued an unexpected update on Monday along with a “response to press speculation”. The retailer said trading in the current financial year “has continued to be challenging” and it's in talks about funding.
Tommy Hilfiger staged the biggest show in London on Sunday night, taking over two giant holding tanks inside Tate Modern, the former power station that is the most visited modern art museum in Britain.