By Bloomberg Published September 17, 2025 Billionaire Amancio Ortega’s investment firm is in contract to buy a luxury retail center in Miami’s Design District. Bloomberg Ortega’s family office, Pontegadea, agreed to buy Miami’s Atlas Plaza for more than $105 million from owners Tricap, RFR Holding and Commerz Real AG, according to people familiar with the…
Published September 17, 2025 After the post-Covid recovery, mergers and acquisitions in the fashion and high-end sectors have slowed over the past two years. Even so, despite the economic climate, the sector continues to attract nine out of ten investors in 2025, although most are concerned about customs duties. These are the findings of Deloitte‘s…
Published September 17, 2025 A rare group photo. Some twenty* representatives of Europe’s textile and clothing sectors met in Paris on September 16 to sign a declaration committing their various bodies to a joint fight against ultra-fast fashion, and calling on national and European authorities to take action in the face of competition from Shein…
By Reuters Published September 16, 2025 U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to continued strength in spending. Reuters The third straight month of solid gains in sales…
Microsoft and Nvidia have unveiled plans to invest up to $45 billion dollars into the UK economy, in a move that will bolster the building of more data centers as well as research and development into artificial intelligence. The investment comes as US president Donald Trump travels to Britain, where he is expected to announce…
By Reuters Published September 16, 2025 The Japanese founder of fashion brand Uniqlo said on Monday the U.S. may bear the highest price from the impact of tariffs on global trade. Uniqlo Tadashi Yanai, Japan’s richest man and the chief executive of Uniqlo operator Fast Retailing has been outspoken on the potential economic damage from wide-ranging tariffs…
Translated by Nicola Mira Published September 16, 2025 In spring, when Shein’s French subsidiary announced it was setting up a programme to support French designers and brands, by putting at their disposal some of the Singapore-based Chinese fast-fashion giant’s assets, many wondered which type of player would be willing to join forces with a highly…
Jamie CoulsonYorkshire health correspondent and Steve JonesYorkshire BBC Lauren Caulfield’s daughter, Grace, was stillborn in March 2022 A woman whose baby daughter was stillborn after failings in her care during pregnancy has said the government’s planned rapid review of maternity care in England will not deliver “justice” or “accountability”. During her pregnancy, Lauren Caulfield was…
Kumail JafferLocal Democracy Reporting Service PA Media A weekly injection makes people feel less hungry, reducing their foot intake Senior doctors have warned there is severe inequality within London for weight loss drugs so patients are facing a postcode lottery trying to access them. Weight loss drugs are administered via a weekly injection and make…
Published September 16, 2025 The Arab World Institute has announced the finalists for this inaugural edition. The prize recognises designers for their talent, creativity and commitment. The categories are Emerging Talent, Innovative Talent and Accessories Talent. imarab.org This year, 125 entries were received from over ten countries, reflecting the diversity and vitality of the Arab…
