Italy's fashion industry responded Friday to accusations of widespread underpaid and undeclared subcontracted work in a New York Times article, saying that the problem is limited and already being dealt with.
Walmart Inc said that it may hike prices of products if the Trump administration imposes a tariff on Chinese imports, according to a letter the company wrote to U.S. Trade Representative Robert Lighthizer.
There was mixed news coming out of UK e-tail in August as the country returned almost to normal after the three-month heatwave and the gardening sector finally took a backseat to sectors such as beauty and menswear.
Retail sales in Russia rose more than expected in August, suggesting a tepid economic recovery is underway, but real wage growth was slightly lower than forecast and agricultural output tumbled, data showed on Wednesday.
The company announced it reached an month an agreement with Brazil’s Mover Participações (formerly Camargo Corrrea) to acquire 100% of the shares of textile company Santista SA and all its subsidiaries.