Notes from Unpaid Laborers Found in Zara’s Clothing Posted December 28, 2017 Clothing store Zara came under fire after its customers found notes written by factory workers inside its products. Shoppers in Istanbul, Turkey were b…
Millennials Boost Luxury Market Posted December 22, 2017 Millennials’ spending has caused a surge in the global sales of luxury goods, according to a report. Multinational consultancy Bain & Company has reported that the luxury m…
Unilever’s Sales Decline Due to Change in Trend Posted December 19, 2017 Consumer goods giant Unilever reported that its sales have dwindled after consumers started to turn onto healthier products. The producer of t…
Shell Launches New Charging Stations for Electric Vehicles Posted December 8, 2017 Shell has launched a new electric car charging service in the United Kingdom in response to the continuous increase in the number of electric vehicles. Several car companies, i…
Real Estate Developer Named China’s Richest Man of 2017 Posted December 6, 2017 Real estate tycoon Xu Jiayin is China’s richest man of 2017, according to media company Hurun Report. Hurun Report is a high-end publishing company that monito…
Company Fined for Giving Lower Pay to Female Executives Posted November 21, 2017 Financial services company State Street Corp. was instructed to pay its high-level female employees $5 million in settlement after a 2012 audit. …
English Billionaire to Invest in Saudi Arabia’s Tourism Plan Posted November 15, 2017 English business magnate Richard Branson plans to invest in Saudi Arabia’s new tourism project. The new initiative called the “Red Sea Project” will convert so…
Toys ‘R’ Us Files for Bankruptcy Posted November 4, 2017 Toy company Toys ‘R’ Us filed for Chapter 11 bankruptcy last September. According to reports, the company’s bankruptcy is due to billions worth of debt, in addition to tough co…
Honda Invests Millions for New Car Model Production Posted October 31, 2017 Honda is investing $267 million and opening 300 jobs for the production of its new car model, Accord 2018. The latest Honda model is a sedan-type car that will feature a more p…
UK Consumer Spending at Four-Year Low This Year Posted October 22, 2017 Consumer spending in the United Kingdom this year is expected to be at its worst since 2013, according to recently released data. The country’s consumer spending index