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LVMH to intensify audits and controls at suppliers, says CFO

by David Johnson
LVMH to intensify audits and controls at suppliers, says CFO

By Reuters Published Jul 24, 2024 LVMH plans to speed up its supply chain strategy and strengthen audits and controls, chief financial officer Jean-Jacques Guiony said on Tuesday, in the …

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Retailers slash prices on more Nike sneakers in 2024, data shows

by David Johnson
Retailers slash prices on more Nike sneakers in 2024, data shows

By Reuters API Published Feb 2, 2024 Retailers slashed prices on twice as many Nike sneakers in 2024 than two years earlier, endangering the sportswear giant’s typically strong pricing power …

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Hermès opens new store in Wuxi, China

by Lionel Rogers
Hermès opens new store in Wuxi, China

Luxury fashion house Hermès opened on Thursday a new store in Wuxi, further expanding its footprint in China.  Hermès opens new store in Wuxi, China. – Hermès Located in Center …

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