Victoria’s Secret Abruptly Shuts HK Store
Victoria’s Secret (USA) shut its Causeway Bay, Hong Kong store last week, with little notice that it planned to close.
June 26, 2020
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US Seeks Bilateral Trade Deals in Africa
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June 25, 2020
US-EU Trade Dispute Deepens
With all eyes focused on the trade conflict between the U.S. and China, brewing tensions between the U.S. and the
June 25, 2020
Last Mile Delivery Firm Sees E-comm Surge
Airmee (Sweden), an AI-based “last mile” delivery platform, has raised €4.75 million from Swedish VC J12 Ventures. Due to the
June 25, 2020
Freight Rates Continue to Spike
China-US West Coast freight rates (FBX01 Daily)rose 14% since last week to $2464/FEU. Rates are 76% higher than rates in
June 19, 2020
Zalando to Add More Stores in Germany
E-commerce platform, Zalando (Germany), added its tenth store in Germany, a 1,600 sq. meter outlet in Ulm. The store will
June 18, 2020
H&M Opens Giant Outlet Store in Israel
With its physical stores shuttered during the pandemic, H&M’s stores in Israel were facing tremendous amounts of unsold apparel. The
June 18, 2020
HEMA Opens First Dubai Store
HEMA (Netherlands), a lifestyle department store, announced the opening of a flagship store at City Centre Deira in Dubai. The
June 18, 2020
Convention to Stop Violence and Harassment at Work
Human Rights Watch has called on countries to prioritize efforts to stop violence and harassment at work, put forward by
June 18, 2020
UK, Egypt To Sign FTA
The UK and Egypt are poised to sign a free trade agreement (FTA), one of the first post-Brexit trade deals.
June 17, 2020
S. Korea and Cambodia Prepare for Trade Talks
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June 17, 2020
Brazil’s Retail Sales Hit 20-yr Low in April
Brazil’s retail sales fell 16.8% in April, the largest drop in 20 years, according to the Brazilian Institute of Geography
June 17, 2020
UK Retail Reopens with Eager Customers Queued Up
UK consumers proved that they are ready and willing to shop again. Stores reopened on June 15 after being closed
June 16, 2020
H&M Q2 Sales Hit By Store Closures
H&M Group’s (Sweden) net sales for Q2, ended May 31, 2020, decreased by 50 percent to Euro 27,12 million compared
June 15, 2020
WeCommerce Acquires Foursixty
WeCommerce (Canada), an e-commerce technology holding company, has acquired Foursixty Inc., a leading partner in the Shopify and Instagram ecosystems.
June 14, 2020
Rose Marcario, CEO, Leaves Patagonia
Patagonia (USA), the outdoor brand known for its deep commitment to sustainability, has announced that CEO Rose Marcario will be
June 14, 2020
Platform Let’s Shippers Compare Ocean and Air Rates
Alibaba (China) has joined forces with Freightos, a online freight marketplace, to integrate freight procurement into its platform, the company
June 12, 2020
Amazon Could Face Anti-trust Charges in the EU
Amazon (USA) is facing anti-trust allegations in the EU for its treatment of third-party sellers. Specifically, there are claims that
June 12, 2020
Forever 21 Sees Opportunities in Mexico
Forever 21 is finding new opportunities in emerging markets. The retailer’s trendy styles and budget prices could be the right
June 11, 2020
HanesBrands Names Stephen Bratspies CEO
HanesBrands (USA) announced the appointment of Stephen B. Bratspies as chief executive officer and board member, effective Aug. 3, 2020.
June 10, 2020