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tag: Abbigliamento

17 March 2022

Consumer goods prices skyrocket in Russia after the invasion of Ukraine

Russia's inflation rate exceeds its annual target in two weeks. Prices have risen at their fastest rate in more than two decades since Moscow invaded Ukraine. [Russia's Inflation Rate Surpasses Annual Target in Two Weeks – The Moscow Times]. Gap stops deliveries to Russia

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15 March 2022

We are starting to obtain estimates of the economic impact of the Russian invasion of Ukrain

Shoe Intelligence writes it. The war hits the German shoe industry after a strong 2021. The Russian footwear market faces a perfect storm. Following the G7's announcement regarding Russia sanctions, US imposes Russia import/export ban on luxury goods, including footwear, with extension to any transaction in USD for these goods.

14 March 2022

Adidas warns that Russian invasion of Ukraine could impact business in 2022 as it disrupts sales in the region

Adidas is one of many retailers expecting sales repercussions due to the impact of the conflict between Russia and Ukraine. The risk is to lose 1% of Adidas’ overall growth. [Adidas Warns That Russia Conflict Could Impact 2022 Business as it Halts Sales in the Region – FN]

11 March 2022

Chinese become a major force on the duty-free market in the Asia-Pacific region

Chinese is the main consumer in the duty-free market in the world, especially in the Asia-Pacific region. Since the outbreak of COVID-19, the number of Chinese outbound tourists has decreased significantly, which has brought a big blow to the overseas tourism retail market. [Fonte: China Leather Association - Autor: Ran Fulin 10/03/2022]

10 March 2022

BASF increases additive prices for plastic applications

Effective immediately, BASF is increasing the prices of the antioxidants Irganox® 1076, Irganox® PS 802 and related blends from its portfolio of additives for plastic applications by up to 35% worldwide. [BASF erhöht Preise für Additive für Kunststoffanwendungen – BASF]

28 February 2022

OECD Forum on Due Diligence in the Apparel and Footwear Sector

OECD Deputy Secretary-General Yoshiki Takeuchi explained from Paris how the fashion, apparel and footwear industry can recover from the COVID-19 pandemic in a way that protects the environment and vulnerable workers in the supply chain.

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