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The well-known German retail chain Helveg has announced the closure of ten stores, mostly in the state of North Rhine-Westphalia. The closures are part of the company’s efforts to adapt to changing market conditions and strong competition, especially from Hornbach. Employees have expressed dissatisfaction due to a lack of communication from management, while customers can…
Jonathan Anderson, the designer who revitalized the fashion house Loewe and increased its revenues fivefold, has been appointed as the first creative director of both men’s and women’s collections at the fashion house Dior since its founder Christian Dior. This historic move brings great hopes for refreshing and strengthening both segments of the collections. Anderson…
A new round of trade talks between the United States and China is taking place in London aiming to preserve the truce reached last month. The discussions focus on the export of rare earth elements and technological issues, particularly China’s control over essential minerals and the US access to semiconductor technology. The talks were announced…
The main topic of the article is the significant increase in burek prices in Bosnia and Herzegovina, which has sparked heated discussions on social media. The price of burek has reached up to 22 convertible marks per kilogram, prompting many to compare prices with those from 20 years ago and consider the impact of wage…
Oil prices rose significantly last week, by more than 2.5%, following positive trade talks between the US and China. Traders were encouraged by a phone call between Presidents Donald Trump and Xi Jinping, raising hopes for normalization of trade relations between the two largest world economies. It is expected that reduced trade tensions will increase…
Montenegro’s banking market is entering a significant phase of transformation with the arrival of new financially strong players. MK Group is acquiring the Mortgage Bank through its Cypriot subsidiary, while the Turkish Zeren Group is awaiting approval from the Central Bank of Montenegro to open a new bank. These changes bring new dynamics to a…
The main topic of the article is the availability of the cheapest real estate in Serbia, focusing on houses located outside urban areas in natural surroundings, with prices ranging from 17,000 to 45,000 euros. Three houses are highlighted as examples from Mataruška Banja, Mokrin, and the vicinity of Zrenjanin, offering a peaceful family life, more…
The European Association of Banks (EET) has stated that there is no reason for concern if a card is swiped twice on a POS terminal. Even if the POS device signals acceptance of the card, it does not automatically mean the transaction has been charged. For a successful transaction, the store employee must re-enter the…
The original Hermès Birkin bag, made in 1984 specifically for actress and singer Jane Birkin, will soon be offered at an auction in Paris on July 10. The story of the bag’s creation began with a chance encounter between Jane Birkin and then Hermès CEO Jean-Louis Dumas on a plane, where Birkin expressed the need…
According to data from the Russian regulator, the alcohol beverage market in Russia is undergoing significant changes. Vodka production has decreased by 13.2%, while production of other spirits like cognac and liqueurs has also declined. Conversely, production of grape wines and sparkling wines has increased. These changes are attributed to tax policies, inflation, and shifts…
