US-India Eye ‘Micro’ Trade Deal
India and the U.S. are discussing a trade deal that could give Indian textiles and apparel either duty-free or reduced
July 29, 2020
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UK Agrees In Principle to Continue Pakistan’s Market Access
The United Kingdom has agreed, in principle, to continue the tax incentives that Pakistan had enjoyed when the UK was
July 29, 2020
Int’l Human Rights Groups Demand that Brands Cease Using Xinjiang Cotton
A coalition of over 190 human rights groups have teamed up to demand that international apparel brands stop using cotton
July 26, 2020
Apple’s New Beijing Flagship Takes Retail to a New Level
Apple has renovated its flagship in Beijing’s Sanlitun. The new store, which opened on July 16, is an achitectural wonder.
July 18, 2020
Asos Sees 10% Sales Gain During Lockdown
The global retail lockdowns were good news for Asos (UK). The online retail platform reported that sales rose 10% during
July 16, 2020
Romania Welcomes Mega Mall
The Colosseum Mall (Romania), an investment of 30 million euros, is part of a larger development plan for Bucharest. Originally
July 16, 2020
Nike Launches New Retail Concept in Guangzhou
The facade of Nike:Rise in Guangzhou, China Making sure customers get shoes that fit Bringing digital innovation into stores Service
July 10, 2020
Brooks Brothers Files Chapter 11
Brooks Brothers (USA), America’s oldest clothing retailer, has filed for Chapter 11 protection. “We are seeking protection to facilitate an
July 9, 2020
EU Sees Rising Economic Confidence
The recovery of the Economic Sentiment Indicator (ESI), which had tentatively started in May, intensified in June, according to a
July 3, 2020
Rupee Depreciation Could Boost Indian Exports
A depreciating rupee could be a saviour for India’s textile exports. The currency fell 6 percent to INR 75.51 to
July 3, 2020
Primark: $1.25b in New Orders as Sales Surge
The reopening of retail sent customers flocking to Primark (UK). Sales have been so good that the retailer is alleged
July 3, 2020
Freight Rates from Asia to US Level Off
It’s not like things are back to normal, but at least signals from the freight industry show rates are leveling
July 2, 2020
Macy’s Posts $3.8bn Loss, Won’t Close More Stores
Despite reporting a $3.8 billion quartely loss, Macy’s (USA) said that it did not expect to close more stores. The
July 2, 2020
Carriers Push for Further Rate Increases
Optimism that exports from Asia to the U.S. are recovering has prompted carriers to increase rates – again. Trans-Pacific carriers
July 1, 2020
Alibaba’s 6.18 Festival Smashes Sales Records
Alibaba Group (China) concluded its largest-yet 6.18 Mid-Year Shopping Festival last week, setting new record highs across categories, the company
June 29, 2020
Amazon Launches First Global Style Sale
Amazon Fashion launched its Big Style Sale today – a new global initiative the retailer has started to offer consumers
June 29, 2020
Allbirds Launches Intimate Apparel Line
Allbirds (New Zealand) has launched its first range of products outside the footwear category. Customers can now buy intimate apparel
June 29, 2020
H&M Q2 Sales Down 50%, Gains Expected in Q3
“Our pace of recovery varies greatly between markets, partly because local restrictions differ, but has so far been better than
June 29, 2020
US Consumer Spending Up 8.2% in May
American consumers increased their spending by a record 8.2 percent, according to a report from Associated Press. A Commerce Department
June 29, 2020
Pepco Sees H1 Revenue Gains
Pepco Group, which owns Pepco and Dealz in the EU and Poundland in the UK, reported that revenue for H1
June 26, 2020