Mailbox posts strong rental collections, turning ‘excess’ retail units into offices

As of 26 October, the company said it had collected 91.9% of contractual rents for the September quarter. And with office and car park payments standing at 100%, that meant retail payments dragged at 79.6% of the total and Food & Beverage at 64.9%.However, Mailbox said it expects the bulk of the remaining 8.1% of rents due during the quarter are to be paid by those tenants that settle their ren…

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Levi’s publishes first DE&I Impact Report with four-step roadmap

The report highlights notable increases in the representation of women across its executive and top management levels. Still, the overall percentage of representation for women was down less than 2%. It also launched a talent pipeline for more diversity with the establishment of the University and Diversity Recruiting with a focus on inclusive recruiting. With more work to do and a commitment …

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Christmas, coronavirus and fear of no-deal Brexit push Europe’s warehouses to the limit

As well as stocking up for Christmas and any potential coronavirus-related lockdowns, Europe and the UK will soon have Brexit to deal with.British companies are bringing as much as possible into the country before potential disruptions in January, while their European counterparts are piling up goods in pan-European distribution hubs close to ports like Hamburg or Rotterdam.

E-commerce ma…

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London Living Wage increased to almost £10 an hour

According to Khan, over 309 new employers have signed up to pay their staff the capital’s hourly rate, including Ikea, Majestic Wine and Lloyds TSBคำพูดจาก สล็อตเว็บตรง. That brings the total number of accredited businesses in London to 1,033.“Our economy continues to grow and for t…

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Nearly half WTO members agree to talks on new e-commerce rules

The WTO’s 164 members were unable to consolidate some 25 separate e-commerce proposals at the body’s biennial conference at Buenos Aires in December, including a call to set up a central e-commerce negotiating forum.In a gathering on the sidelines of the World Economic Forum in Davos, ministers from a smaller group of countries including the United States, the European Union and Japan, agreed t…

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Energy crisis dims festive sparkle in Europe’s shops

Across much of Europe, in cities from Madrid to Frankfurt, there will be fewer, more energy efficient lights, switched off earlier at night, while shops will be heated less, in a show of solidarity with households facing soaring utility bills.Even in Paris, known as the City of Lights, they will be dimmer this year.

What the French government calls “sobriety measures” come as retailers ar…

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More problems for Boohoo after accusations of mislabelling clothes

That’s according to the BBC programme Panorama, but it’s a charge that Boohoo has denied.Plain T-shirts and hoodies had their original labels removed at Boohoo’s flagship factory, Thurmaston Lane in Leicester, last year. Boohoo said the incorrect labels were down to a misinterpretation of the labelling rules.

The mislabelling took place at the factory, affecting up to one i…

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UK embraces contactless payments after 2021’s limit rise to £100

 While all sectors saw an increase in the total value of contactless transactions, spending jumped 82.7% on clothing, with the higher spend limit clearly making an impact here. Boosted by the return to high street shopping following the easing of all coronavirus restrictions, a record 91.2% of all eligible card transactions were made using contactless payments last year “a sign that consume…

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Puma is working on a biodegradable version of its ‘Suede’ sneaker

What will tomorrow’s shoes and accessories look like? From 3D printing and turning greenhouse gases into biomaterial, to innovative and sustainable materials, the fashion industry is coming up with all kinds of ways to make the sector greener — or at least less polluting — with innovations designed to reduce environmental impact upstream, during or after product manufacturing. With its new…

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Chinese fashion firm Shein on Singapore hiring spree as it shifts key assets there

Chris Xu, Shein’s founder and CEO, has also become a permanent resident of the city-state, according to a document.Shein, which Xu started in 2008 in Nanjing and has since grown into a global fashion marketplace, last year de-registered its main business, Nanjing Top Plus Information Technology Co Ltd, a Chinese corporate filing shows.

The developments are in line with what other sources …

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