EU anti-fraud investigators suspect Greece and Hungary may have become the main EU centres of a multi-million-euro scam involving imports of Chinese clothing and footwear via the infrastructure of China’s new Silk Road.
The company behind some of the biggest watch and jewellery names in the UK is reported to be gearing up for a stock market listing and has spoken to investment banks with plans to list either in London or Zurich.
Alibaba Group Holding Ltd's logistics affiliate said on Wednesday that it would lead a joint venture to invest $1.53 billion in a new logistics centre at Hong Kong's airport to expand its global delivery network.
Bangladeshi exports grew by 9% to $3.32 billion in May riding on the higher shipment of garment items, the Export Promotion Bureau (EPB) revealed this week, despite missing the monthly target of $3.38 billion.
Marc Jacobs is expanding its wearables category with the launch of its first touchscreen smartwatch, The Riley. Previously the round-faced model was available as both an analog watch and a hybrid smartwatch.