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Gucci strikes China gold with ‘moonlight clans’ who spend it all

Bloomberg Gucci’s brand is worth more than ever—thanks in part to young, spendthrift shoppers in China eager to shell out everything they earn on $2,900 velvet clutches or $1,400 crystal-studded sunglasses. The value of Gucci’s label jumped a whopping 66 percent, to $22.4 billion, in 2018, according to a report by Kantar Millward Brown. It helped that the Italian fashion ...

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DHL Express picks soccer star Salah as brand ambassador

Emirates Business DHL Express, the world’s leading express logistics provider, has signed a strategic partnership for the Egyptian football superstar Mohamed Salah to become its brand ambassador for Middle East and North Africa (MENA) region for the next two years. The partnership is a testament to the synergy of core values DHL Express and Mohamed Salah share; leadership, commitment, teamwork, ...

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UAE, ILO discuss technical cooperation, expertise

GENEVA / WAM Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, has discussed, with Ruba Jaradat, Assistant Director-General of the International Labour Organisation (ILO), and Regional Director for Arab Countries, the potential technical cooperation between the UAE and ILO. Their discussion took place during a meeting on Tuesday in Geneva, on the sidelines of the 107th International ...

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