India has updated its three-decade-old tax treaty with France, introducing changes that will reduce dividend taxes for large French investors while expanding New Delhi’s authority to tax certain transactions. Under the revised agreement, French companies holding at least 10% in an Indian firm Continue Reading
Scotland’s historic cashmere and tweed industry faces a decline as high production costs and an aging workforce threaten traditional skills. At the Alex Begg mill in Ayr, craftsmen like Maria Wade meticulously mend raw cashmere by hand, a rare skill in today’s fast-fashion era. The mill supplies luxury brands worldwide while striving to preserve heritage […]Continue Reading
Primark, the UK budget fashion retailer owned by Associated British Foods Plc, is facing challenges as rising prices push shoppers like 20-year-old Inaaya Khan to explore competitors such as Shein, H&M, and Zara. Recent price hikes have made formerly inexpensive items noticeably more costly, prompting many customers to seek cheaper or higher-quality alternatives online Continue Reading
Digital learning is playing an increasingly influential role in transforming fashion education, according to Sudhakar Rao, Director of JD Institute of Fashion Technology’s School of Fashion Design. He emphasized that online platforms, virtual design tools, and blended learning models are expanding how students access coursework and industry exposure. These technologies are Continue Reading
British sustainable fashion brand Raeburn has relocated its studio from East London to a permanent new base in Design District, Greenwich North, marking what the brand calls a “milestone moment” and the start of a new chapter. The move places Raeburn among more than 170 creative businesses at the purpose-built hub dedicated to design, culture, […]Continue Reading
Luxury goods companies are facing mounting pressure on profitability, with a new study by Inverto, part of Boston Consulting Group, revealing a sharp decline in margins. Across 20 leading global luxury groups, average profit margins have dropped from 24% in 2022 to 13% currently. The steepest fall occurred between 2022 and 2023, when margins slid […]Continue Reading















