Top 5 Global Cities To Live And Do Business In 2016. Article provided by Bayut.com When it comes to living in a foreign city, one has to consider the population, infrastructure, overall size, political context, per capita income and development path.
The city’s economic growth, real estate developments and entertainment facilities also play a vital role in making decisions towards moving to a city or investing in it. Here we compile a list of five cities to look out for while aiming at living or investing internationally in 2016. Each of the cities listed below features trophy developments along with impressive mixed-use communities and have good room for growth, which is achievable through improvements in transparency, livability and business environment. Investor piles pressure on French Connection to address concerns.
US fund Gatemore Capital has said it is yet to receive a “substantial” response from members of the French Connection board to its complaints about the retailer’s performance, management structure and use of the FCUK slogan.
Gatemore Capital, which holds an 8% stake in French Connection, wrote an open letter to the company criticising its poor performance compared to rivals and arguing the board’s plan to reverse the company’s fortunes did not go far enough. The fund confirmed it had received a response, but its concerns have yet to be properly addressed. A spokesman said: “Gatemore has received an individual reply directly from French Connection UK’s CEO/chairman, which we believe does not substantially address any of the issues we had previously raised regarding the company’s performance.”
Drapers has contacted French Connection for a comment. Analysis: Is it time to ditch FCUK? UK interest rates cut to 0.25% UK interest rates have been cut from 0.5% to 0.25% - a record low and the first cut since 2009.
The Bank of England has also signalled that rates could go lower if the economy worsens. The Bank announced additional measures to stimulate the UK economy, including a £100bn scheme to force banks to pass on the low interest rate to households and businesses. It will also buy £60bn of UK government bonds and £10bn of corporate bonds. Governor Mark Carney said there was scope to cut the interest rate further. Brexit 'means economy faces 50/50 recession chance' Image copyright Reuters The UK has a 50/50 chance of falling into recession within the next 18 months following the Brexit vote, says a leading economic forecaster.
The National Institute of Economic and Social Research (NIESR) says the country will go through a "marked economic slowdown" this year and next. Top Fashion Schools in France: A Battle for Innovation. PARIS, France — With fashion’s most important commercial and creative centre as its capital, France’s culture and economy have fashion at their core.
Indeed, the fashion industry contributes 35 percent of the country’s national GDP. However, to date, the French educational institutions have been divided between design theory and practical creation, in a system that is at odds with wider international approaches to fashion education. Surprisingly, given the importance of design culture to French fashion, the top ranked French school in BoF’s annual rankings was the Institut Français de la Mode, renowned for its unique positioning and blend of management and design, which came third in BoF’s ranking of MA programmes. Amazon India set to expand private-label offerings. Bengaluru/New Delhi: Online marketplace Amazon India plans to create its own private brands in fashion and expand its existing private label offering in electronic accessories and related products, two people familiar with the matter said.
The company, which operates the Amazon Now grocery ordering app, is also considering launching private labels in groceries and has hired legal consultants to help it figure out structures that comply with regulations, the two people said on condition of anonymity. Amazon has hired former Myntra chief creative officer Gautam Kotamraju to lead its push into private brands in fashion. Kottamraju, who has worked 18 years in the fashion business, helped create Myntra’s large private brands business, which generated more than 20% of Myntra’s gross sales within two years of its launch. Now, brands such as Roadster, Mast & Harbour and Dressberry account for nearly 25% of Myntra’s sales. Roadster is one of the top five brands on its platform.