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What rising energy prices mean for fashion, retail and manufacturing
Oil markets have surged to multi-year highs as tensions between the US and Iran intensify, with Brent crude climbing above 120 dollars per barrel. According to Bloomberg, prices briefly spiked by more than 7 percent to over 126 dollars amid fears of prolonged disruption in the Strait of Hormuz, one of the world’s most critical oil transit...
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BusinessMember
Lanvin Group reports 18 percent revenue decline for full-year 2025
Chinese luxury fashion firm Lanvin Group announced its financial results for the full-year 2025 (FY2025) on April 30, 2026, reporting revenue of 240 million euros. This represents an 18% decrease compared to the previous year, a period the company described as a challenging global luxury market environment. The performance reflected...
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