Australia shoppers boost Nov retail sales to 5-month highs

Retail sales rose a seasonally adjusted 0.4 percent in November from October, data from the Australian Bureau of Statistics (ABS) showed on Friday, better than economists’ expectations of a modest 0.3 percent rise. October sales were unrevised to show a 0.3 percent gain.The better-than-expected outcome was enough to send the Australian dollar about 20 pips higher to $0.7205, a level not seen …

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Euveka’s ‘robot mannequin’ aims to shake up fashion production

In this digital age, it’s an apparently simple idea, but nobody had thought about it until Euveka, set up by Bergenthal five years ago, started working on it. And now the concept has been awarded a prize at the Luxury Forward conference in Paris.Euveka’s female mannequin is made of silicon and textile fabrics, and is equipped with a simple production-monitoring software that could revolutionise…

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Estée Lauder sues Deciem’s Brandon Truaxe

 Just days after the head of the Toronto-based cosmetics company abruptly announced plans to shut down until further notice, Truaxe took to Instagram Thursday morning to share an email from Lauder lawyer Mark Gelowitz.  The email states that the lawyer was instructed by Estée Lauder “to commence injunction proceedings in the Ontario Superior Court of Justice”. The first hearing was sche…

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Elite Models ex-boss probed for alleged child rape in France

Gerald Marie, former European head of Elite Models, is the target of a complaint by a former BBC journalist and claims of rape by three ex-models, the Paris prosecutor’s office told AFP.A specialist child protection unit will lead the probe into allegations of “rape and sexual assault, as well as rape and sexual assault of a minor,” it added.

The investigation is based on complaints lodge…

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African firms to set up $12mn garment factory in Rwanda

As per the deal, the two companies will obtain 2.5 hectares of land to set up the factory, for which operation is expected to begin by July 2017, Rwandan media reports said. The deal was signed between textile investors and the ministry after the former complained about the costs of land in the area being too high. The land being provided to the companies is part of 5 hectares of land secured …

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Britain, South Africa finalising interim post-Brexit trade deal

With just a month to go before Britain is due to leave the European Union, London has been trying to strike agreements with trade partners around the world to replicate the terms it now has as a member of the bloc.“We are very, very close to concluding a bilateral agreement with the UK which is essentially a roll over … of the partnership agreement,” he said in a phone interview, referrin…

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Footwear brands failing to capitalise on growing demand from trans consumers

Talbot, a transgender woman, owns just two other pairs of shoes – blue glittery trainers and black ankle boots that she wears for her job as an administrative assistant at an arts festival in the north of England.“I cannot buy women’s shoes on the high street,” said the 34-year-old, who wears a British size 10-11 (U.S. size 10.5-11.5).

“Even now, six years after changing my name..…

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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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