The Lebanese clothing brand MAAG, which replaced Zara after it ceased operations in Russia, has been labeled the disappointment of the year, RIA Novosti reported on Tuesday, citing the Union of Shopping Centers (STC).
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Soaring energy prices will lead to drastic long-term consequences on the continent, Alexander De Croo told the Financial Times Europe could soon face a significant reduction in industrial activity and social unrest unless something is done to lower energy prices before winter sets in, Belgian Prime Minister Alexander De Croo has warned.
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UK retail sales fell unexpectedly in October, with the volume of goods sold in stores and online slumping 0.3% month-on-month, the Office for National Statistics (ONS) reported on Friday. Economists were expecting an increase of 0.4% for the month of October. Instead, sales plummeted to their lowest level since early 2021, when Covid restrictions were…
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