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Walmart Profits Pop Behind Soaring E-Commerce, Stimulus ...

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Editor’s Note: In January this year, LVMH Moët Hennessy Louis Vuitton, owner of Bvlgari recorded revenue of €53.7 billion in 2019, up 15%. With 10% organic revenue growth contributed greatly by Europe and the United States thanks to exuberant good over the year, as well as Asia, a difficult environment in Hong Kong notwithstanding.

The Independent State of Samoa has deposited its instrument of accession to the Paris Convention for the Protection of Industrial Property, the World Intellectual Property Organisation (WIPO) announced.

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While the opportunities for engagement have never been greater, these new ways of interacting with the marketplace are, for the most part, a new science. More information is needed about what’s working and what’s not, measuring and analyzing data, and how much of your marketing budget should be getting allocated to interactive media.

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no FX fee credit cards

Purchasing a handbag in a foreign currency typically leads to a currency conversion charge of 2-3% by your bank/credit card provider. As such, make sure to use a no foreign exchange fee credit card (if possible) to avoid this charge.

vat/gst refunds

VAT (Value-added Tax)/GST (Goods and Services Tax) are particularly high in Europe, ranging between 15-25%. If you are a visitor to the EU, you are likely to be able to claim back the VAT which would be a huge saving! Similar refund options are provided in many other countries around the world. Inquire with the retail store directly on the process. Most will use the services of Global Blue or a similar tax refund company.

USA / Canada sales taxes

Be aware of retail prices in the USA and Canada. In these countries, sales tax is added to the advertised handbag price (varies by province/state/region e.g., 8.875% in New York City). This in contrast to most other countries where taxes are already included in advertised retail prices.