Companies cry out for Brexit clarity, warn on no-deal

British lawmakers rejected on Tuesday a Brexit agreement that would have secured tariff-free trade and safeguarded the just-in-time cross-border supply chains on which many manufacturers and retailers depend, risking the country’s disorderly departure from the bloc on March 29.Companies ranging from Channel Tunnel operator Eurotunnel to Scotch whisky distillers were unanimous in calling for urgent and decisive action by the British government and warning of the consequences of a no-deal Brexit.

“The distortions would be too great for trade, financing conditions and investor confidence,” said Deutsche Bank Chief Executive Christian Sewing at an event in Berlin, predicting a disorderly Brexit would plunge Britain into recession for at least two years and lop a half percentage point …

Mango advances sustainability goals, plans to only use recycled polyester by 2025

In 2021, 80% of the garments in the Spanish fashion group’s catalog were incorporated into this category, which made up 45% of its offering in 2020 and 16% in 2019. Mango plans to have all its designs categorized under the Committed umbrella by 2022, as it announced last spring.What does it mean when the group includes this label on its garmentsคำพูดจาก สล็อตpg? Articles made out of at least 30% of sustainable fibers such as organic, recycled or BCI cotton, recycled polyester, recycled wool or Tencel and that have been manufactured “with more sustainable production processes,” it explainedคำพูดจาก สล็…

Time stands still at historic Cairo watch shop

Sheltered from the hustle and bustle of the capital’s unforgiving traffic and surrounded by street vendors in Attaba Square, the unassuming shop housed under the arcades of an old Haussmannian building is a time capsule of Cairo’s rich cosmopolitan history.It is a rare museum-like site where old clocks, watches and timepieces are meticulously repaired.

“I have spare parts from my grandfather’s days,” Ashod Papazian, the current 64-year-old owner who inherited the family business, told AFP.The shopfront with patinated wooden frames boasts an impressive array of pocket watches and wrist models with ageing bracelets, as well as yellowed advertisements of the vaunted watchmaker.At the turn of the 19th century, Egypt had become a popular destination for Armenians who specialised in del…

US retailers’ members-only programs under scrutiny with Amazon lawsuit

From big-box chains Walmart and Best Buy to specialty retailers like Savage X Fenty and Adore Me, retailers’ subscription programs are facing growing scrutiny.Many collect monthly fees from shoppers in exchange for free delivery, unlimited tech support or discounts on merchandise. Thirty percent of Americans were enrolled in a subscription service in 2022, according to a survey of 37,720 people by Euromonitor Inc, up from 20% of respondents in 2017.

Amazon is under fire from the U.S. Federal Trade Commission, which filed a lawsuit against it in Seattle. The FTC accused the e-commerce giant of duping “millions of consumers” into purchasing subscriptions for Prime services. Prime members in the United States pay $139 per year for free delivery, and drive much of Amazon’s sales volum…