EU Reduces Sourcing from China
Europe’s apparel imports from China have been falling since July-September 2021, but the pace of decline increased in April-June quarter of this year. The trend...
Category : Global
Xmas Buying Starts Early
Holiday creep is real. Halloween costumes fill store shelves in August, pumpkin-flavored everything is on the menu by Labour Day, and Christmas gifts and decor...
Free trade agreements (FTAs) with the developed world an important agenda of Modi government: Textile Minister
Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution, Shri Piyush Goyal said that Textile Industry has a big role...
Fear of Recession in the US
Buyers Get Cautious; Affects Pace of Orders The news about America going in recession has come as a bouncer for all apparel exporters in India...
Stores to Close During Queen’s Funeral
John Lewis, Harrods and Waitrose have announced that they will be closed on the day of the Queen’s funeral. A spokesperson from Next said: “In...
KOHL’s to Expand Its Unique Apparel Range
Kohl’s will soon be expanding its adaptive apparel assortment for adults across three of its private brands. The size for the adaptive apparel market is...
Tariffs Denting American Economy & Causing Inflation :NRF
National Retail Federation has written a letter of request for immediate tariff relief to address the ongoing inflation facing American businesses, workers and consumers. According...
£30 for Shopping?
Consumers Set Targets to Fight Inflation…. The UK is facing the worse cost-of-living crisis in decades and it’s changing the shopping trends. Mintel research shows...
Inflation hits retail sales globally
Global retailers have significantly trimmed down their profit projections, sighting raw material inflation and removal/reduction of stimulus, dampening the outlook. The Russia-Ukraine war has led...
Walmart Sued by The Federal Trade Commission (FTC)
The FTC is suing Walmart over accusations that the retailer falsely claimed some of its products were made of bamboo that provided an environmental benefit....