The European Union competition watchdog said a trustee will monitor both companies to ensure there is no information sharing between the Ocean3 and G6 ocean carrier alliances, of which CMA CGM and Neptune Orient Lines subsidiary APL are currently members.
Senate committee passes pro-port WRDA bill
The Water Resources Development Act reauthorization includes provisions sought by the nation’s port authorities related to how harbor deepening projects are funded, getting more money for maintenance dredging in the pipeline and authorizing new projects.
Union group, Panama Canal clash over safety study
The International Transport Workers Federation is claiming that a new study raises questions about the safety of navigation in the Central American waterway, while the Panama Canal Authority says the report’s claims are unproven and contain errors.
Item of the Day: sachaGRACE Jewelry
Sacha and Grace certainly see things clearly. Designers Sacha Nizami and Grace Neal are two of the newest players in jewelry, with the recent launch of their Lucite jewelry brand, sachaGRACE. For their first accessories collection, Wear, the Canadian duo explored the potentials of integrating metals such as gold, silver and copper with Lucite. “We know […]
The post Item of the Day: sachaGRACE Jewelry appeared first on Accessories Magazine.
Beach Style Guide: Be a Part of It!
Show retailers you have what their customers need for those hot summer beach days. Our online style guide will feature the best beach accessories to kick back in the sand and surf, whether local or on vacation. From beach-worthy totes, hats, wraps and …
HanesBrands to Acquire Pacific Brands for $800M Cash
HanesBrands, marketer of hosiery, underwear, intimate apparel and activewear, has agreed to acquire Pacific Brands Limited, the leading underwear and intimate apparel company in Australia. Hanes holds the No. 1 or No. 2 market share for underwear, intimate apparel of hosiery in the United States, Canada, Mexico, Brazil, France, Germany, Italy, Spain, and South Africa. […]
The post HanesBrands to Acquire Pacific Brands for $800M Cash appeared first on Accessories Magazine.
WalMart.com Hires Former Ebay Exec
In efforts to boost its user experience, Wal-Mart Stores Inc. has appointed Jordan Sweetnam to vice president of global product for Walmart Global E-commerce. Previously, Sweetnam was Ebay’s vice president of seller experience since 2014, and had been with Ebay company since 2004. “We’re excited for Jordan to bring his rich e-commerce experience to build […]
The post WalMart.com Hires Former Ebay Exec appeared first on Accessories Magazine.
AAFA Responds to Report on Counterfeits Fight
“Counterfeit goods cost our industry billions of dollars every year,” stated Rick Helfenbein, President and CEO of the American Apparel and Footwear Association in positive response to the release of the U.S. Trade Representative’s annual special 301 Report. “This annual report spells out the progress or lack of progress in the fight against counterfeits, and […]
The post AAFA Responds to Report on Counterfeits Fight appeared first on Accessories Magazine.
U.S. economy expands at weakest pace in two years
Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, less than the 0.7 percent median projection in a Bloomberg survey, Commerce Department data showed Thursday.
Executive Moves: COSCO Pacific and “K” Line
COSCO Pacific Ltd. re-designates executive director and vice chairman, while “K” Line nominates managing executive director, outside directors, and supervisory board members