Markets

The Gross Domestic Product (GDP) of the euro zone maintains the same growth rate as in the second quarter, according to the latest data from the European statistical office Eurostat.

The GDP of the country fell 0.2% in the second quarter and even the Bundesbank anticipated that this quarter would enter into a technical recession.

Twenty of the nearly sixty high streets analyzed by Cushman&Wakefield’s report, Main Streets Across the World have reduced their rents.

Cosmetics lead M&A, followed by ecommerce, accessories and clothing. Last year’s total amount of deals reached 307 million euros (338 million dollars).

The Cushman&Wakefield ranking uses data collected before the protests started. New York’s Fifth Avenue and London’s New Bond Street are placed in second and third position.

The report of Centro Mexicano de Derecho Medioambiental (Cemda) supported by the C&A Foundation, urges the government of the country to execute policies in accordance with circularity.

Last Thursday, a Chinese Commerce Ministry spokesman announced that an agreement had been reached that put an end to tariff rises. Twenty-four hours later, a Trump adviser denied it.

The availability of domestically made textile inputs remains a major problem that continues to hinder clothing manufacturers in the country.

The company’s objective is to speed up the production processes producing boxes, bracelets and spheres in the same facility.

Both countries negotiate to reach an agreement that ends the tariff raise approved by the Donald Trump Government, although no agreement has been signed for now.

While France and Spain, registered a rise in fashion sales in September well above the average, Germany and Italy dropped the growth of the sector.

The retail sector in the country rose in the ninth month of the year after closing August without variation, according to the latest available data from the Istituto Nazionale di Statistica (Istat).

Fashion retail in the eurozone climbs even more after 0.2% rise in August, according to the latest data published by the European statistical agency Eurostat.

After Donald Trump approved tariff rises, textile exports from China have fallen 25% in the first half of 2019.

The Asian country will lead the production of this raw material in the coming years, with around six million tons.

In inter-monthly terms, the increase was only 0.1%. Consumer confidence is at a its minimum of three years, according to a Gfk study.

On October 1, an increase in sales taxes from 8% to 10% came into effect. The country takes this measure to reduce its debt.

The Chinese Textile Association in Cambodia (Ctac) aims to increase Chinese investments in the garment industry in the country of Southeast Asia.

The protests that started last May in the Chinese city have especially affected sectors like tourism and retail. The government has stated that the economy in the country didn’t increase in the third quarter.

Fashion has its eyes set on the country after its new president election to see how international operators will follow the agreement signed last June between Mercosur and the European Union.

Growth in the denim market is driven by various factors such as expanding ecommerce, growing working population, rising GDP and adoption of a western lifestyle, according to a report by Research and Markets.

The 27 countries that form the European Union have agreed to extend to January 31 of next year the time to negotiate the exit of the country chaired by Boris Johnson.

Gen Z and seniors are the segments of the population that will spend the most, according to the 2019 Retail Holiday Survey report, by the consultant JLL.

The sector chains eight months on the rise, according to data from El Instituto Nacional de Geografia y Estadística (Inegi).

Of a total expenditure of 61,224 dollars per family, apparel and services accounted for 1,866 dollars in 2018, compared to 1,833 dollars the previous year.

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