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US trade shifts on Covid and China tensions, but no 'decoupling' yet
US trade shifts on Covid and China tensions, but no 'decoupling' yet
by  AFP

US trade flows are realigning on the back of pandemic shocks and tensions with China, but efforts to reduce interdependence between the superpowers have not brought a swift decoupling. "The recent (Inflation Reduction Act) and Chips Act, and related sanctions are clear indicators of the Biden administration's efforts to decouple from China" in these areas, said Koopman.

Italian De Sarno appointed Gucci creative director
Italian De Sarno appointed Gucci creative director
by  AFP

Italian Sabato De Sarno has been appointed creative director at Gucci, the luxury label and parent group Kering announced on Saturday. The designer from Naples succeeds Alessandro Michele, who left the Italian luxury brand in November after seven years as creative director.

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