700% Increase in Freight Rates
Red Sea Crisis Turning Out to be a Big Nightmare Amidst soaring tensions and geopolitical strife, global exporters find themselves navigating treacherous waters as freight...
Tag : USA
Impact of Increase in Fed Rates in the US
Battle with inflation is on, and in continuation of past policy, raised the interest rates by another 75 bps. US Fed Chairman Jerome Powell in...
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...
Mango Spends Huge Money to Expand in the US
Mango recently opened a grand store in the US with an investment of around 12 million euros. The new store located in a coveted location...
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...
Apparel Retail Sales in the US sees Good Jump
A report released by Wazir Advisors indicate that in the month of March 2022 the apparel store sales in the US reached US$ 17 billion...
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....
Gucci to Open New Store in Manhattan
Luxury retailer Gucci is opening a new retail store in Manhattan in an area of 10,000-square-foot. The luxury brand has signed a lease to set...
Williams Sonoma: To Cash on its Omnichannel Presence
Williams-Sonoma is geared for an image by altering its existing its digital businesses, which already accounts for 70% of its sales. San Francisco-based retailer that...
Global luxury sales Set to Break Records as Demand Soars in US and China
The luxury goods sector is set to move past the coronavirus crisis this year, fuelled by domestic spending in the United States and China, particularly...