There has been some forward movement in controlling continued high inflation in the United States as is being viewed by policymakers at the Federal Reserve which has virtually sealed their strategy of hiking interest rates by a quarter percentage point next… Read More ›
Day: January 28, 2023
H&M Emphasizes Fast-Fashion Downturn As Luxury Segment Suffers In China
According to a statement from the apparel and fast fashion giant H&M, rising expenses had reduced its profits, making it the latest fast-fashion brand to be impacted by high inflation which has forced consumers to cut back on spending. At the same time, LVMH and… Read More ›