HSBC forecasts the luxury sector to slow down during the upcoming twelve months after the peak of 9% in 2018. However, the entity points out that the large groups of the sector will not be affected.

Yesterday during the last confrontations between demonstrators and police officers, one person died and approximately twenty were injured. The demonstrators claimed a higher increase of the minimum wage, which now is in 95 dollars.

This raw material is the least used in retail industry, in which polyester and cotton still leads the market. Automobile and electronic is currently exploiting global production of polyamide.

The Turkish government has initiated an investigation and restricted nylon imports temporary, based on the World Trade Organization’s (WTO) regulations.

Ethiopian economy will be the one growing the most this year in sub-Saharan Africa, according to the International Monetary Fund’s (IMF) forecast, while Laos will lead the advancement in South-East Asia.

Fashion confronts twelve months of uncertainty, in which trade war, Brexit, populism and currency volatility will be key for the sector.

Negative reports by analysts have been constantly published in a year in which not even Inditex has managed to avoid the penalisation of the market. The reduction of margins, online growth and the sector’s transformation are all to blame: the stock market has turned its back on fashion’s listed titans.

Articles related to the fashion industry are yet outside this package, with which the Asian leviathan wants to favour the development of the new Silk Road.

The retail sales of clothing items, footwear and garment accumulate three positive months after dropping 0.6% in August, according to the last provisional data gathered by Office for National Statistics.  

From extreme right in Brazil to historical elections in Cuba, the region ends an intense year regarding electoral matters with two possible scenes: integration or of protectionism