Tourism and emerging countries the driving factors in luxury market

“The tourist market still represents a huge growth opportunity for the luxury sector. Nearly half (47%) of luxury goods purchases are made by travelling consumers, whether in a foreign country (31%) or while they pass through airports (16%),” said to FashionNetwork.com Bénédicte Sabadie, the partner in charge of the luxury sector at Deloitte France. The figure is actually as high as 60% if …

Read more

U.S. economic growth slows slightly in third-quarter; outlook less upbeat

Gross domestic product increased at a 3.5 percent annualised rate also supported by a surge in inventory investment and solid government spending, the Commerce Department said on Friday in its first estimate of third-quarter GDP growth.While that was a slowdown from a 4.2 percent pace in the second quarter, it still exceeded the economy’s growth potential, which economists put at about 2 percen…

Read more

US retailers support congressional review of tariff hikes

 Introduced by Representative Stephanie Murphy, D-Fla., a member of the House Ways and Means Committee’s Trade Subcommittee, the Reclaiming Congressional Trade Authority Act would limit any new or additional tariffs imposed on the grounds of national security to 120 days, unless approved by Congress. The measure would also empower Congress to block non-national-security-based tariffs for wh…

Read more

WFH drives UK skincare usage higher, dents make-up sales – report

On Friday, the researcher said that cleansers and moisturisers are proving to be 2020 beauty winners.That follows a year in which skincare was already on the riseคำพูดจาก Web Game Casino . Britons spent £1.18 billion on women’s facial skincare in 2019 as colour cosmetic sales declined by 5%.

Sk…

Read more