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☆ New Gucci head in China to lay out strategy soon to revive sales
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: 1 min

PARIS, Oct 20 (Reuters) - Gucci's new chief in China will lay out his strategy to revive the label's sales in the key Asian market in the next few weeks, the finance chief of parent company Kering said on Thursday. Gucci sales in China were negative in the third quarter, Kering said, without giving a precise figure. Gucci announced the appointment of Laurent Cathala, previously a top executive at U.S. jeweller Tiffany & Co for emerging markets, as its new president of Greater China fashion business in April. Register now for FREE unlimited access to Reuters.com RegisterReporting by Silvia Aloisi, editing by Mimosa SpencerOur Standards: The Thomson Reuters Trust Principles.

☆ Walmart's leading position in grocery provides 'bupkus' in profit. Analysts say the retailer needs to do more to succeed in the high-margin furniture space.
▼ + stars: | 2022-09-26 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

Walmart became the largest food retailer in the US in 2001 with grocery sales raking in $56 billion. Today the retailer mixes sales of high-margin items like electronics and furniture with those same groceries. But times have changed, particularly for the value-conscious customers Walmart caters to. While net-profit margins for furniture items sold in the US can be as high as 50% to 60%, according to analysts, that total usually hovers around 1% to 3% for grocery items. He did not specify how much Walmart earned in revenue or profits from furniture sales in 2021.

☆ Vrei să descoperi lumea modei? ZIPHOUSE lansează o școală de vară pentru adolescenți și adolescente
▼ + stars: | 2021-06-30 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Vrei să descoperi lumea modei? ZIPHOUSE lansează o școală de vară pentru adolescenți și adolescenteZIPHOUSE lansează Școala de Vară pentru adolescenți, o școală cu un regim și un program destinat inițierii adolescenților și adolescentelor în lumea modei, într-un mod educativ și interactiv. Școala de vară are un program complex și cuprinde module teoretice și practice, care vor oferi participanților/participantelor o imagine de ansamblu din culisele industriei ușoare. Alături de cei cinci traineri ai școlii, participanții vor parcurge capitole precum:# Istoria modei și a designului;# Design Textil;# Fashion Trends;# Coloristică. Acest proiect este organizat de către Centrul de Excelență în Design și Tehnologii ZIPhouse, parte componentă a Universității Tehnice a Moldovei.

Organizations: Fashion Business, Universității Tehnice, Moldovei

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