Brunello Cucinelli (Lapresse)
Most cited fashion brands in the press and on the web: Cucinelli boom: flies to first place
Brunello Cucinelli gains nine places and conquers the top (with 2,531 mentions) in the March 2024 ranking of the top fashion brands most present in the news created by Volocom.
Gucci follows on the podium (2,436 citations) e Chanel (1,989 citations), which rise two and six positions respectively. Dior and Armani place in the top 5which precede the trio composed of Louis Vuitton, Moncler e Prada.
Versace drops eight places after having been leaders in February. Dolce & Gabbana also drops from third he goes to tenth position.
Cucinelli, Gucci and Chanel, the hot news of the month
Among the news that created the most attention in the press and on the web, first and foremost the new eyewear collection by Brunello Cucinelli and EssilorLuxottica. And again as regards Cucinelli, the purchase of the historic Umbrian company Eugubina tailoring.
Gucci frontat the top the news related to Documentary ‘Who is Sabato DE Sarno?‘ about the creative director and those about the family saga arrives on television with a new show. It will follow the events of the dynasty founded by Guccio Gucci: an agreement has been reached with the French group Gaumont, the same one behind the television series Lupine, Narcos and Becoming Karl Lagerfeld.
Chanel instead shone with ‘The Iconic Handbag’ campaign – which has Brad Pitt and Penelope Cruz as testimonials – and for the autumn/winter 2024-2025 collection a tribute to Deauville and the legacy of Gabrielle Chanel.
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Most cited fashion brands in the press and on the web: Cucinelli boom: flies to first place
Iraq is 10th in the Arab world and 86th globally in electronic and digital commerce
2024-04-08T10:28:01+00:00
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/ Iraq ranked tenth in the Arab countries, and 86th globally, in terms of the ease of doing electronic and digital commerce business, according to the Global Investment Confidence Index for 2024 issued by Ceoworld magazine.
According to the magazine, this report, which was viewed by Agency, ranks the best 128 countries in terms of e-commerce and the attractiveness of the digital market from a comprehensive investment perspective.
To create the list, the magazine surveyed more than 120,000 senior executives and business leaders from around the world in about 128 different countries and regions. The survey measured these countries on five different attributes, including market potential, skilled workforce and entrepreneurship. Institutional framework and innovation, security and privacy, and government policies. Each category was given equal weight in determining the overall ranking.
The index ranked the United States as the best country in the world in terms of ease of doing electronic and digital business, and China came in second place, followed by Japan, the United Kingdom, and Germany.
According to the magazine, the United States’ ranking first among 128 countries makes it the most attractive “digital market” for investors and skilled workforces around the world.
India ranked sixth, while France, South Korea, Canada and the United Arab Emirates occupied the top ten places.
Taiwan, Singapore, the Netherlands, Brazil and Russia ranked 11th to 15th as the most attractive “digital and electronic market” for investors.
The report aims to measure the country’s performance and the factors that make it attractive for business development in the e-commerce and digital commerce sectors.
Syria came at the bottom of the list, ranked 128th, as the report indicated that Syria is ranked (128th), and Zambia, Venezuela, Somalia, and Suriname (124th) are the last five in “e-commerce and digital markets” that are attractive to investors in 2024.
Iraq ranked 86th globally in terms of the ease of doing electronic and digital commerce, with the percentage of its workforce reaching 40.63 points, and the possibility of shopping 83.08 points, while it ranked tenth in the Arab world after the UAE, Saudi Arabia, Jordan, Lebanon, Egypt, Morocco, Bahrain, Kuwait and Oman.
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Iraq is 10th in the Arab world and 86th globally in electronic and digital commerce
Singapore’s headline inflation rate falls to lowest level since September 2021
Singapore’s headline inflation rate fell to its lowest since September 2021, coming in at 2.7% for March. This was lower than the 3.4% rate in February and also below the 3% expected by economists polled by Reuters.
The city-state’s core inflation rate – also known as the “MAS core inflation measure” – which strips out prices of accommodation and private transport, also fell to 3.1%, down from 3.6% in February.
— by [Author’s Name]
India business activity expands at its fastest rate in 14 years in April
India’s business activity climbed at its fastest pace in 14 years, with the flash composite purchasing managers index for April coming in at 62.2, up from 61.8 in March and higher than the 61.4 expected by economists polled by Reuters.
According to HSBC, the manufacturing and services sectors also recorded-faster-than expected expansions, with the PMI standing at 59.1 and 61.7, respectively.
Pranjul Bhandari, chief India economist at HSBC, attributed the outperformance to a “strong performance in both the manufacturing and service sectors, led by increased new orders.” HSBC added that growth in India remained “broad-based” across the manufacturing and service sectors.
— by [Author’s Name]
Chinese bubble tea company Chabaidao tumbles 30% in Hong Kong trading debut
Shares of Chinese bubble tea chain Chabaidao, officially listed as Sichuan Baicha Baidao Industrial, opened 10% lower in early trade on its trading debut in Hong Kong, before plunging more than 30%.
It is currently trading at HK$12.32, far below its IPO offer price of HK$17.50.
The IPO is Hong Kong’s largest listing so far this year. The company announced it had garnered net proceeds of 2.59 billion Hong Kong dollars ($330.5 million) from its IPO, before listing expenses.
— by [Author’s Name]
Japan’s business activity climbs at fastest pace in 8 months
Japan’s business activity in April expanded at its fastest pace in eight months, according to flash figures from au Jibun Bank.
The country’s composite purchasing managers index climbed to 52.6 from March’s 51.7, its joint-highest level since August.
Japan’s manufacturing PMI came in at 49.9, marking a softer decline from the 48.2 in March, while services PMI was at 54.6, up from 54.1 in March.
— by [Author’s Name]
Yen hits fresh 34-year low of 154.85 early Tuesday
The Japanese yen weakened to a fresh 34-year low against the U.S. dollar early Tuesday, hitting 154.85 against the greenback. This is the weakest the currency has been since the mid-1990s, although it has strengthened marginally to 154.74 as of 9:18 a.m. Tokyo time.
The currency will be watched by the Bank of Japan as it meets Friday, although the central bank has not announced a level where it will intervene.
Australia’s business activity expands at fastest pace in 24 months: S&P Global
Australia’s business activity in April expanded at its fastest clip in 24 months, according to flash figures from S&P Global.
The country’s composite purchasing managers index came in at 53.6, compared to 53.3 in March.
Manufacturing PMI climbed to 49.9 from 47.3, just shy of the 50 mark that separates expansion from contraction, while services PMI slipped slightly to 54.2 from 54.4.
— by [Author’s Name]
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Singapore’s headline inflation rate falls to lowest level since September 2021