H&M UK adds Pre-Loved offer to Regent Street flagship

“Encouraging our customer to experiment with garments that are ready to be loved again and express their unique style,” it will be available to customers in H&M’s Regent Street London,… Read more

Gucci’s China shock reverberates across the luxury landscape

French group Kering SA saw $9 billion wiped off its market value after warning that sales of the Italian label’s products in China have slumped this quarter. The slowdown is… Read more

H&M upgrades benefits for U.S. part time workers

The announcement follows a protest held outside the retailer’s Herald Square location this past June, where company employees and union activists called on H&M to increase pay and provide guaranteed… Read more

Kyoto mayor steps into #KimOhNo row over Kardashian line

The American pop culture icon sparked a social media storm last week when she unveiled the new line, with some in Japan and abroad accusing her of disrespecting the traditional… Read more

Indonesia raises import taxes on 1,000-plus goods including cosmetics, swimwear

The import tax will be raised to up to 10 percent on 1,147 mostly consumer goods, from an existing 2.5 percent to 7.5 percent, effective next week, Finance Minister Sri… Read more

Japan proceeds with twice-delayed sales tax hike as growth sputters

The government has already applied measures to mitigate the pain on consumption, mindful of avoiding the effects of the last increase, in 2014, which led to a severe economic downturn.Television… Read more

Let’s come together to tax tech giants, say G20 officials eying $100 billion boost

Global rules are being developed by the Organisation for Economic Cooperation and Development (OECD) to make digital companies pay tax where they do business, rather than where they register subsidiaries.… Read more

Hong Kong’s Oct retail sales grow for 8th month as tourism picks up

October retail sales grew 3.9 percent from a year earlier to HK$37.5 billion ($4.80 billion) in value terms, following their fastest pace of growth in more than 30 months in… Read more