Luxury giants increase their grip on sector, growth continues but landscape shifts

​The luxury goods industry was expanding healthily before the pandemic hit, but while sales were strong, a select group of luxury giants dominated the sector overall.  News – FashionNetwork.com USA BEST DEAL UPDATE: Shop Men’s & Women’s Best Sellers at … Read more…

China abandons longstanding practice of setting GDP growth target amid coronavirus turmoil

China has abandoned its usual practice of setting a numerical target for economic growth this year due to the turmoil caused by the coronavirus pandemic, according to the text of Premier Li Keqiang’s annual policy address on Friday. “I would … Read more…