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Business

Facebook's Kustomer deal may hurt competition, EU regulators say

Facebook's Kustomer deal may hurt competition, EU regulators say

Facebook's acquisition of U.S. customer service startup Kustomer may hurt competition and boost its market power in online ads, EU antitrust regulators warned Monday as they opened a major investigation into the deal.
Fashion
Business
German retail sales jump for second month in a row

German retail sales jump for second month in a row

German retail sales increased much more than expected in June following an easing of Covid-19 restrictions, supporting a consumer-driven recovery in Europe's largest economy.
Fashion
Business

Square to buy Afterpay for $29bn as buy now, pay later booms

Square, the payments firm of Twitter co-founder Jack Dorsey, on Monday said it has agreed to purchase buy now, pay later (BNPL) pioneer Afterpay, offering a 30% premium in a giant share-swap deal
Fashion
Business

Private equity firm CD&R prepares Morrisons counter-bid - report

Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a £6.3 billion ($8.8 billion) offer from a group led by another U.S. firm.
Fashion
Business

Trade shows

Pitti Uomo announces another 3-day edition for January

Pitti Uomo announces another 3-day edition for January

In January, the Florentine event organizer is planning to replicate the format it explored in June, hosting its two flagship trade shows, Pitti Uomo and Pitti Bimbo, simultaneously from January 11 to 13, 2022.
Fashion
Trade shows
Shanghai to host Intertextile and Chic at end of August

Shanghai to host Intertextile and Chic at end of August

Having seen a return to almost normal levels of activity in April, Shanghai's textile and apparel trade shows will hold their next editions, with appropriate health and safety measures, from August 25 to 27.
Fashion
Trade shows

Première Vision New York returns to physical events this July

The fashion trade fair is making its physical comeback in NYC at the end of July, when it will welcome 67 international and domestic companies to its first in-person event since the start of the Covid-19 pandemic.
Fashion
Trade shows

Digital Denim Week stages second online edition

This summer, Première Vision has opted again to stage its denim trade show online, presenting new fabrics and solutions for the Fall/Winter 2022-23 season.
Fashion
Trade shows