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The South African mohair industry has reacted to PETA’s report of cruelty in goat farms in the country, where more than 50 percent of the world’s mohair is produced.
Market intelligence agency Discovery Research Group has said consumers in Russia bought 329 million pairs of shoes and boots in 2017, but that only 20% of them were made in Russia.
With locations in Hong Kong, Shanghai, and Chengdu, luxury retailer Lane Crawford is opening three stores in China. The stores will serve as an immersive and authentic brand experience for consumers.
Mastercard is reporting that Christmas sales increased 4.9 percent, setting a new record for dollars spent and marking the largest year-over-year increase since 2011, as consumer confidence continues to grow.
The future looks “stable” for retailers in Latin America, reflective of improving operating profits, Moody's Investors Service said in a recent new year’s outlook presentation.
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