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...It has also been hit by the rise of lower-price retailers such as China’s Shein and Temu, as well as Primark before them....
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...for customers in the region, as well as neighbouring market Korea....
...This time around there’s been notable pushback from lawmakers as well....
...But the founding Persson family, which holds the chair role as well as almost three-quarters of the votes, has consistently favoured internal candidates....
...Fewer but bigger, well-designed stores should be one of their greatest weapons against the onslaught from online rivals such as Singapore-based Shein. Take Zara-owner Inditex....
...The logistics investment will create new distribution centres for Zara, the Bershka brand and footwear in Spain, as well as expanding an existing Zara hub in the Netherlands....
...“The economy is performing well,” Powell said on Wednesday. Headline inflation of 2.4 per cent was edging towards the Fed’s 2 per cent target, he suggested....
...Trump has been quick to claim credit for stock markets’ recent strong performance, telling supporters that the market “goes crazy” every time he does well in polls....
...The $85bn market value of its parent Fast Retailing is well above Shein’s....
...Banks have won allies from regular users of hedging products like farming groups as well as from the renewable power industry, which warned that the changes could hamper clean-energy projects....
...The sector includes clothing and accessories stores like Adidas, Yankee Candle and H&M, as well as online shopping platforms such as Etsy. Adidas and Etsy told us they don’t accept crypto payments....
...“The conditions for increased growth as well as profitability continue to develop in a favourable direction,” she said....
...Wednesday’s shift was made possible by officials’ more benign outlook for inflation, as well as expectations for slower growth and marginally higher unemployment next year....
...Meanwhile, I think that investments into logistics and supply chain technology as well as decentralised manufacturing will be a disinflationary tailwind....
...Lawsuits may ensue, of course, as well as criminal investigations of market manipulation....
...This commitment to craftsmanship is also true of Toast’s homewares, says its head of house & home Judith Harris....
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