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In line with most auto manufacturers, Aston Martin, the British luxury automotive manufacturer, is to cut jobs as car sales fail to pick up, reports ILM.
Luxury group LVMH has confirmed that it will not try to buy Tiffany shares on the open market. Tiffany’s share price has fallen since the two companies agreed LVMH’s acquisition of the New York-based jewellery and accessories brand in late November, reports Leatherbiz.
Through the first nine weeks of the second quarter of fiscal 2020, Wolverine Worldwide, Inc. said company-owned ecommerce grew more than 90 percent, delivering more than 40 percent of the company’s revenue.
The H&M group is donating 500 thousand dollars to the NAACP Legal Defense and Education Fund, Color of Change and the ACLU. Each organisation fights for justice, economic rights and empowerment of the black community.
As the spring 2020 edition of the ANPIC tradeshow was cancelled due to concerns regarding the Covid-19 pandemic, the organisers have announced that a virtual event will be held on June 11 – 12, reports ILM
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