As Chanel prepares for their dive into e-commerce for 2016, they have already begun testing the waters to see just how well they will fair. The iconic luxury label has launched a shop-in-shop at Net-a-Porter for a capsule collection of fine jewelry called Coco Crush. The six piece collection will be available for purchase on net-a-porter.com beginning this coming Wednesday.
The collection includes five rings and one cuff designed by Chanel’s Studio of Creation. The shop will remain online for
Cotton futures suffered their strongest losses in a single session in nearly three months on Friday, as investors rolled long positions forward and took profits after recent gains, while a stronger US dollar provided additional pressure.
The front-month May cotton contract on ICE Futures US fell 1.16 cents, or 1.8 percent, to settle at 65.06 cents a lb, after falling as low as 64.81 cents a lb. That marked the sharpest single day of losses for the front-month since January 20.
May cotton
The rapidly falling cotton stocks in the country pushed prices higher to touch a new high level on Thursday. Many needy spinners continued to look for quality lint, but were mostly disappointed.
Floor brokers said that fast dwindling stocks of cotton are not only a cause of concern for textile industry as a whole, but also for many export-oriented spinning units who have to meet their foreign commitments, but are unable to get quality lint.
The fear of long delay in the arrival of next cr
Strong demand for quality lint kept prices firm on the cotton market on Tuesday amid fast depleting stocks.
Floor brokers said that delay in the arrival of next crop and diminishing stocks with ginners are worrying spinners who still need substantial quantity of cotton.
Though sowing for the new crop has started in lower Sindh and Punjab, it is already late by around four weeks because of longer-than-expected spell of rains.
The Karachi Cotton Association (KCA) kept its spot rates uncha
