The Face plots another revival after brand is taken over
Down but perhaps not out, The Face, has been acquired by C86 Holdings from Wasted Talent Limited, just a couple of months after it ceased publication for the second time. Read More
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Fakes, piracy thrive in Vietnam as US tariff deadline nears
At a sprawling bazaar on the outskirts of Vietnam’s capital, the trade in counterfeit goods is bustling despite government crackdowns and the threat of US tariffs over the issue, two visits by Reuters journalists found. Read More
Frugal and more online: smarter spenders rewrite luxury’s China dream
The closure of France’s Galeries Lafayette in the Chinese capital on Wednesday takes place against the backdrop of a sluggish post-pandemic economy and shifting consumption practices. Read More
Amazon invests $20 billion in UK in 2025
Amazon invested over £15 billion ($20 billion) in Britain in 2025, keeping the e-commerce giant on track to deliver its planned £40 billion investment in the three years to the end of 2027, it said on Wednesday. Read More
UK retailers demand urgent levy on low-value imports to curb Shein edge
British retailers, including Next and Marks & Spencer, have called for a £2.60 customs duty to be imposed urgently on low-value parcels from overseas to close a tax loophole that benefits online players like Shein. Read More
Clyburn’s seat survives for now as South Carolina Republicans buck Trump on redistricting
South Carolina Republicans defied President Donald Trump and blocked a redistricting measure that would have drawn out the state’s lone Democrat, Rep. Jim Clyburn. The move Tuesday all but kills their chances of flipping that seat for 2026. It’s possible the GOP will still draw out Clyburn before 2028. A procedural vote to end debate…
Mamdani promises housing ‘transformation’
DAYS THE BUDGET IS LATE: 56 GETTING TO 200K: Mayor Zohran Mamdani released a wide-ranging housing plan today that he said will usher in the “largest municipal housing transformation this country has ever seen.” The blueprint lays out how Mamdani plans to address the single biggest driver of the city’s affordability crisis, the central focus…
Rep. Christian Menefee defeats fellow Rep. Al Green in Texas House runoff
Texas Democratic Rep. Christian Menefee defeated longtime Rep. Al Green in a runoff that was defined by heavy outside spending and clashes over generational change. The Tuesday result will likely end the long career of Green, a 78-year-old civil rights champion who was running for a 12th term in Washington. He entered the race in…
Paxton wins Texas Senate runoff, defeating longtime incumbent Cornyn
Attorney General Ken Paxton defeated Sen. John Cornyn in the Senate GOP runoff Tuesday, cementing the influence of the far right in Texas and potentially putting the seat in play for November. Paxton was boosted by a last-minute endorsement from President Donald Trump in the final days of the race. His defeat of Cornyn, a…
Rep. Chip Roy loses runoff for Texas attorney general to a MAGA challenger
Rep. Chip Roy lost the GOP runoff for Texas attorney general after a challenger to his right painted him as insufficiently loyal to MAGA. State Sen. Mayes Middleton’s victory Tuesday proves that fealty to President Donald Trump continues to be the defining issue for Republican primary voters. Middleton convinced voters he was the best Republican…