LVMH keen to establish sporting credentials ahead of Paris Olympics

LVMH has for a long time been a key sponsorship partner to the sporting world, notably supplying trophy cases for some of the most prestigious sporting competitions, made by trunk-maker Louis Vuitton, but also with classic kit sponsorship deals for various top teams, and above all individual football and basketball stars, who have replaced celebrities among runway show guests. But this autumn, LVMH’s sponsorship announcements are coming thick and fast, like never before. The latest deal, announced on Thursday November 2, is between Christian Dior and French wheelchair tennis player Pauline Déroulède, chosen by the label as its brand ambassador for the Paris 2024 Olympic and Paralympic Games.In July, LVMH announced it had become one of the Paris Games’ premium partnersคำพู…

U.S. finalised next China tariff list targeting $16 billion in imports

The action is the latest by U.S. President Donald Trump to put pressure on China to negotiate trade concessions after imposing tariffs on $34 billion in goods last monthคำพูดจาก สล็อตเว็บตรง. China has vowed to retaliate to an equal degree.The latest $16 billion list will hit semiconductors from China, even though many of the basic chips in these products originate from the United States, Taiwan or South Korea.

The 25 percent tariffs also will apply to a broad range of Chinese electronics, plastics, chemicals and railway equipment that the Office of the U.S. Trade Representative (USTR) has said benefit from the “Made in China 2025” industrial plan, aimed at making China c…

U.S. second-quarter GDP growth revised up, fastest in over two years


Gross domestic product increased at a 3.0 percent annual rate in the April-June period, the Commerce Department said in its second estimate on Wednesday. The upward revision from the 2.6 percent pace reported last month reflected robust consumer spending as well as strong business investment.Growth last quarter was the best since the first quarter of 2015 and followed a 1.2 percent pace in the January-March period. Economists had expected that second-quarter GDP growth would be raised to a 2.7 percent rate.

Retail sales and business spending data so far suggest the economy maintained its stamina early in the third quarter. Economists saw a limited impact on growth from Hurricane Harvey, which devastated parts of Texas.“The impact on the national econom…

UK inflation falls as shoppers turn cautious in virus crisis

In what is likely to be the start of a sharp decline in inflation, the consumer price index was 1.5% higher compared with March 2019, as a Reuters poll of economists had predicted, slowing from February’s 1.7% rise.A fall in clothing and footwear prices was the biggest drag on the index in March, the Office for National Statistics said.คำพูดจาก เว็บปั่นสล็อต

“Prices usually rise between February and March, and this year’s fall is the first since 2015 and only the second since the start of the constructed (inflation) series in 1988,” the ONS said.Sales were likely to have been impacted by the coronavirus outbreak and retailers resorted to discounting more items on sale, reve…

US apparel industry calls for clearer rules on ‘Made in USA’ labelling

“We argue that consumers can’t know with certainty that the company’s interpretation of ‘virtually all’ aligns with their own interpretation of the phrase,” stated AAFA following a round-table debate organised by the FTC in Washington on September 26คำพูดจาก Nhà Cái Casino Online. “We think that this lack of definition can lead to consumers feeling misled, and it definitely leaves companies uncertain about whether the label they use on their product will be interpreted by the FTC as violating the ‘Made in USA’ standard,” added AAFA.The issue has been raised by AAFA, an organisation that brings together apparel labels and retailers, because of the differential treatment rese…