Thursday , 18 December 2025

Recent Posts

Boohoo plunges after reports of labour abuses at suppliers

Bloomberg Boohoo Group Plc shares plunged after a report in the Sunday Times about poor working conditions at a factory the newspaper described as a supplier of the UK online fashion retailer. Boohoo said it will review its supply chain after the report, which focused on a garment workshop in Leicester, England, the site of a recent flareup in coronavirus …

Read More »

Harrods adapts to retail’s new normal

Bloomberg Harrods opened its first outlet store only days after announcing hundreds of job cuts — moves that the London luxury emporium’s managing director said are necessary to adapt to the realities of a post-lockdown retail landscape. “I don’t think people understand how painful the last 90 days has been,” Michael Ward said in an interview while walking through the …

Read More »

China propels global stock rally to one-month high

Bloomberg Global stock markets are starting the week with a bang after China’s influential state media stoked bullish enthusiasm. The dollar fell for a fifth day and Treasuries dipped. Banks, construction and insurance shares pushed the Stoxx Europe 600 Index higher, and UK homebuilders rallied after a report that the government is considering a temporary increase in the threshold at …

Read More »