Swiss Retail Sales Likely To Drop In 2022 – Credit Suisse

Zurich – Swiss retail sales are set to drop 4.1% this year after pent – up demand during pandemic – hit 2021 dissipates and shoppers return to normal patterns of spending, Credit Suisse analysts said on Wednesday. The amount spent on food, which benefit from a closure of restaurants last year and limited competition from … More Swiss Retail Sales Likely To Drop In 2022 – Credit Suisse

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Zara Owner To Charge For Paper Bags In Spanish Stores In Push For Reuse

MADRID, Spain – The owner of the fashion brand Zara, Inditex, will start charging 10 euros cents ($0.12) for paper bags from next week at all of its shops in Spain as part of a push for sustainability and packaging reuse, the company said on Friday.  The world’s biggest fashion retail will roll out the … More Zara Owner To Charge For Paper Bags In Spanish Stores In Push For Reuse

Strong Demand For Makeup Drives Estee Lauder’s Glossy Sales Forecast

Paris / France – Estee Lauder Cos Inc. forecast fiscal 2022 sales largely above estimates on Thursday, boosted by a rebound in demand for makeup products at its brick – and – mortar stores as people start venturing out following the easing of COVID-19 curbs. Shares of the cosmetic maker rose 2.5% as sales in … More Strong Demand For Makeup Drives Estee Lauder’s Glossy Sales Forecast