Exploited workers, luxury brands – a dark shadow cast over fashion industry profits

Exploited workers, luxury brands – a dark shadow cast over fashion industry profits
Date: 2025-06-09 11:55:41

The global clothing sector has become a trillion-dollar business, but beneath the glittering surface lie serious human rights and social abuses. According to a recent report by the Clean Clothes...

Location becomes a competitive factor in e-commerce
Date: 2025-06-09 11:49:07

As digitalisation and consumer expectations evolve rapidly, logistics and warehousing have become key competitiveness factors in e-commerce — no longer merely operational necessities. At the 21st E-commerce Conference in Esztergom,...

German industrial production fell in April
Date: 2025-06-09 11:42:12

Industrial production in Germany fell more than expected in April, the statistics office (Destatis) said in a report on Friday. German industrial production in April shrank by 1.4 percent in...

Gyermelyi is strengthening in exports – adapting to the challenges
Date: 2025-06-09 11:42:05

Based on the 2024 financial report of Gyermelyi Zrt., it is clear that the pasta manufacturing company has successfully taken on the challenges facing the sector and achieved outstanding growth...

Voluntary Water Donor Program Launches in Budapest
Date: 2025-06-09 11:36:13

10 million Trees, the Budapest Municipality, the Főkert and the beeco “eco-application” are announcing a voluntary water donation program in Budapest. Companies and individuals are already looking to join organized...

Winemaker says it’s not enough to make good wine – you also need to provide an experience
Date: 2025-06-09 11:34:54

The winemaking profession has long been about passion, tradition and artisanal values – but today it is increasingly defined by survival, creativity and market-oriented thinking. Domestic wine consumption is decreasing...

HELL New Gen has arrived
Date: 2025-06-09 11:31:16

HELL ENERGY presents its latest innovation, HELL New Gen, a new generation functional drink that responds to new consumer needs. The development of the product is a clear reaction to...

Retail sales in Romania increased by 0.4 percent in April year-on-year
Date: 2025-06-09 11:30:39

According to raw data, retail sales in Romania increased by 0.4 percent in April compared to the previous year, the National Institute of Statistics (INS) announced on Friday. According to...

Consumers can look forward to “pick-your-own” sales this year as well
Date: 2025-06-09 11:27:59

Although this spring’s weather was not kind to fruit growing, consumers can still find those orchards and plantations where they offer “pick-your-own” sales. It is therefore worth going with an...

A battle for the throne in the furniture market: the competition between IKEA, JYSK and the Mömax–Möbelix–XXXLutz alliance
Date: 2025-06-09 11:27:17

Three major players dominate the domestic home furnishing market: IKEA, JYSK, and MMXH Lakberendezési Kft., which includes the Mömax and Möbelix stores, to which XXXLutz has officially joined since 2023....

130-year-old Sopron Brewery
Date: 2025-06-09 11:26:54

The government continues to view the food industry as a strategic sector, which is why the sector – including domestic beer production – can count on significant support opportunities in...

Why are apples cheaper in Poland? – Prices, VAT and agricultural strategy in the background
Date: 2025-06-09 11:25:13

A model Polish economy and a conscious tax policy are behind the surprisingly low Polish food prices for Hungarian consumers – writes Pénzcentrum. A Hungarian TikTok video has once again...

PwC: the rise of AI will not reduce, but increase the number of jobs
Date: 2025-06-09 11:24:56

A mesterséges intelligencia (AI) térnyerése a félelmekkel ellentétben nem csökkenti, hanem növeli a munkahelyek számát, átalakítva a munkavégzést – mutat rá a PwC Magyarország az MTI-hez eljuttatott közleményében a PwC...

Rice crisis in Japan: emergency imports and regulatory turnaround for stable prices
Date: 2025-06-09 11:24:39

Rice prices in Japan have nearly doubled in a year, forcing the government to take extraordinary measures, especially in the shadow of Tokyo elections in June and national elections in...

Algorithms control the shopping cart – this is how online platforms transform shopping decisions
Date: 2025-06-09 11:08:06

Impulse buying is no longer just a consumer psychology, but a business model: Chinese e-commerce giants – led by Temu and Shein – have opened a new era in digital...

WWF: The Government is committed to clearing our protected forests
Date: 2025-06-09 10:57:24

The government ignored the president’s veto and, after some legal tricks, submitted the deforestation bill to the Parliament’s Legislative Committee without any changes. They did this knowing that the amendment...

McDonald’s is coming to Siófok Plázs with a unique terrace built on the water
Date: 2025-06-09 10:56:22

McDonald’s is expanding its domestic presence with a new music venue: Plázs is opening a “pop-up” restaurant in the heart of Siófok, right next to the main stage. The unit...

Pentecost sailing schedule on Sunday and Monday on Lake Balaton
Date: 2025-06-09 10:49:57

During the long weekend, Balatoni Hajózási Zrt. (Bahart) awaits passengers on expanded routes and in several ports compared to the spring season, and scheduled boats will also operate from all...

It is important to show religious tourism sites, which is why the Peregrinus platform was launched
Date: 2025-06-09 10:45:52

The Hungarian government considers it important to show the religious tourism sites of Székely Land and supports this with financial resources, which is why the Peregrinus.hu religious tourism platform will...

AutoWallis increased its stake in Iniciál Group to 100 percent
Date: 2025-06-09 10:44:33

AutoWallis Plc. has acquired an additional 40 percent stake in the Iniciál Group, thus increasing its stake in the company, which has a dominant position in the western Hungarian region...

The key to the future: artificial intelligence and digital innovation in wealth management
Date: 2025-06-09 10:42:45

The Hungarian wealth management sector has reached another milestone in its knowledge base: the study entitled “Digital Development and Artificial Intelligence Opportunities in Wealth Management Services” has been published, which...

What do sour cherries and peaches have in common?
Date: 2025-06-09 10:41:43

Both are Kalinka’s latest fruity novelties. The sweet peach and the fresh, slightly tart sour cherry are now available in compact, 0.2 liter packages exclusively in the tobacconist network. With...

Global semiconductor sales could grow 11.2 percent this year – WSTS
Date: 2025-06-09 10:41:06

This year, global semiconductor sales are expected to grow by 11.2 percent to $700.9 billion, according to the World Semiconductor Trade Statistics (WSTS), a statistical institute that tracks international semiconductor...

Due to a technical error, Wizz Air passengers were misinformed about a flight delay
Date: 2025-06-09 10:36:07

Due to a technical error, Wizz Air customers were mistakenly sent an email informing them of a flight delay, the airline told MTI on Monday. The statement highlighted that the...

Another difficult year awaits the feed market
Date: 2025-06-09 10:31:47

Avian influenza and foot-and-mouth disease infections significantly affect the volume of livestock farming – thus indirectly also the turnover of the feed industry. “A non-existent animal does not eat feed,”...

Price hikes threaten Croatia’s tourism competitiveness
Date: 2025-06-09 10:16:01

Over the past three years, tourism prices in Croatia have increased by 50 percent, causing the country to fall behind its main competitors, Spain and Greece. The increase in costs...

EU adopts strategy to protect oceans and boost water economy
Date: 2025-06-09 10:11:33

The European Commission adopted the European Ocean Pact on Tuesday, a comprehensive strategy to protect the health of the ocean, strengthen a sustainable and competitive aquatic economy and ensure the...

The Székely Gyors and the Csíksomlyó Express have set off for Transylvania
Date: 2025-06-09 10:07:30

The Székely Gyors and the Csíksomlyó Express departed for the Csíksomlyó farewell and Transylvania early Friday morning, György Petrus, head of the Carpathian Europe Travel Agency, which organized the trip,...

Solutions for Tomorrow winners would help children with autism spectrum disorder
Date: 2025-06-09 09:51:31

In the anniversary finals of the Solutions for Tomorrow Challenge, the young innovators of the PrepBook team were able to stand on the top step of the podium on May...

Fake news about roundworms shakes the US cattle market
Date: 2025-06-09 09:28:51

A misleading press release caused cattle futures to fall more than 2% on the Chicago Mercantile Exchange. U.S. authorities have launched an investigation, as farmers and traders alike watch the...

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Exploited workers, luxury brands – a dark shadow cast over fashion industry profits