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Chinese manufacturers expose luxury brands’ production secrets

Chinese manufacturers and content creators are pulling back the curtain on the luxury fashion industry, revealing that many high-end products from renowned brands are produced in China at a fraction of their retail price before being sold with European labels. The viral TikTok trend is challenging consumer perceptions about luxury goods, showing that items from […]

Fitch: Moroccan Banks show resilience despite Macro-economic challenges

Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]

PSA-Peugeot Citroën Aims at Producing 100.000 cars in Morocco by 2019

French automaker PSA-Peugeot Citroen announced that it will reach a production capacity of 100,000 cars by 2019 in its Kenitra plant, that is a figure 10,000 higher than the previous expectations. “We have announced that 90,000 cars will be made in the first phase, but in reality we can reach an annual production capacity of […]