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Footwear brand Skechers launches premium flagship store in Prague

Skechers has opened a flagship store on Prague’s High Street Na Příkopě, offering footwear, apparel, and accessories for all ages.
The 596-square-meter space features signature comfort technologies, including Hands Free Slip-ins and Arch Fit, in a modern, eco-friendly design.
This expansion supports Skechers’ strong growth in Europe, with EMEA sales up 30 per cent in Q3 2024.Read More

19.12.2024Comments Off,
EU Council adopts one year postponement of deforestation law

The European Council has formally adopted the regulation to postpone the application of its deforestation law by one year, shifting the start date from December 30, 2024, to December 30, 2025.
This extension allows stakeholders more time to meet due diligence obligations.
The regulation, effective since June 29, 2023, will be signed and published on the Official Journal of the EU.Read More

19.12.2024Comments Off,
Bank of Japan keeps benchmark interest rate unchanged at 0.25%

The Bank of Japan today kept its benchmark interest rate unchanged at 0.25 per cent.
Japan’s economy has recovered moderately, although some weakness has been seen in part, it said.
There “remain high uncertainties surrounding Japan’s economic activity and prices,” it noted.
Headline inflation in October was 2.3 per cent, the 30th month in a row that inflation has crossed the 2-per cent target.Read More

19.12.2024Comments Off,
German firm Hugo Boss announces supervisory board leadership changes

Stephan Sturm (61) is proposed as the next chairman of the supervisory board of Hugo Boss AG, succeeding Hermann Waldemer in May 2025.
Andreas Kurali (59) and Michael Murray (35) also run for election as Gaetano Marzotto and Robin J Stalker step down.
Sturm brings extensive leadership and financial expertise, while Kurali and Murray offer significant industry experience.Read More

19.12.2024Comments Off,