News

USTR Michael Froman

Business

Sri Lanka Seeks U.S. Market Access as Countries Sign Action Plan

U.S. and Sri Lanka sign a joint action plan to boost bilateral trade and investment.

– 3:00 PM, EST

A rendering of Massimo Bonini showroom in Hong Kong

Fashion

Massimo Bonini to Open Showroom in Hong Kong

The showroom will control Massimo Bonini’s distribution and communication activities across Asia.

– 12:56 PM, EST

India's Pratibha Syntex fabric mill.

Business

World Bank: China’s Rising Costs Could Create 1.2 Million Apparel Jobs in India

The report predicted that as wages increase, China, the largest apparel manufacturer, is expected to slowly relinquish its lead position in the global apparel market.

– 12:39 PM, EST

EMV card shipments in the U.S. rose 211%.

Retail

EMV Card Adoption in the U.S. Drives Global Shipments Up 34%

Globally, over 2 billion smart payment cards were shipped.

– 11:55 AM, EST

Oscar de la Renta RTW Spring 2016

Fashion

Oscar de la Renta and Cynthia Rowley to Show in Sydney

The move is part of IMG’s broader strategy to better align the annual spring wholesale showcase with the international resort season.

– 7:11 AM, EST

Business

Japan Stocks Tank on Lack of BOJ Action

The Bank of Japan decided against implementing new economic stimulus measures, souring investor sentiment.

– 4:28 AM, EST

Business

U.S. Locks Horns With China, India Over Subsidy Programs at WTO

During a two-day session of the WTO’s Committee on Subsidies and Countervailing Measures, the U.S. said China’s notifications since it joined the WTO in 2001 were “grossly incomplete.”

– April 27, 2016

Moonbasa online site

Retail

Forever 21 Exec Jumps to Moonbasa as Chief Merchant

The e-commerce platform’s hire comes as the company is set to open 30 stores by year’s end.

– April 27, 2016

The new Issey Miyake book includes this customized bag.

Fashion

Issey Miyake Collector’s Edition Includes a Customized Book Bag

In addition to a retrospective at the National Arts Center in Tokyo, Issey Miyake has a new limited-edition book dedicated to his lengthy career.

– April 27, 2016

Beauty

Kao Q1 Net Profit Grows 73%

Profits grew on decreased prices of raw materials and a low comparative base. Sales for the quarter grew 1.7 percent.

– April 27, 2016