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Balenciaga Reaches Copywrite Settlement

Saturday, December 15, 2018


This past summer, Ney York based City Merchandise accused Balenciaga of stealing its New York City souvenir bag design for their Resort 2018 collection, which debuted in November 2017.

Cath Kidston Suffers Loss Increase

Friday, December 14, 2018


English Fashion House Cath Kidston has posted a £10.5 million EBITDA loss for the year to 25 March 2018, attributing the fall to cost pressures and a weakened sterling.

Armenia Exports More than 40% of its Leather and Textiles to EU

Friday, December 14, 2018


According to Business Armenia, Armenia’s annual export growth in their textile and leather sectors was somewhere between 35% and 45% during the last three years, with more than 40% of all produce being exported to EU countries.

Impetus Builds for Leather Promotion Initiative

Wednesday, December 12, 2018


Leather industry stakeholders have been making their need to promote leather internationally, and in a coordinated way, known.

European Luxury Stocks Slide

Tuesday, December 11, 2018


Moncler, Tod’s and other European luxury stocks shares dropped as analysts flagged a succession of “negative signals” from high-spending consumers in Europe, China, Japan and the Middle East that could trigger sales and profit downgrades.

Egyptian Custom’s Duty Adjustment to Boost Economy

Monday, December 10, 2018


The decision by the Egyptian Ministry of Finance to adjust the customs dollar exchange rate for non-essential goods, tying it to the Central Bank of Egypt’s dollar exchange rate will benefit the Egyptian economy on the whole, said Subir Lall, head of the International Monetary Fund’s mission to Egypt.