Global cargo logjam deepens, delaying goods bound for retailers, automakers
A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows.That has stranded…
Holiday retail workers seek -temporary lifeline- in warehouse jobs, if they can find one
But the balance of available holiday jobs this year has radically shifted from storefront to warehouse and delivery amid record purchases online. And with millions of retail workers…
India plays down Trump decision to remove U.S. trade privileges
In a relatively tame response to the announcement from Washington on Friday, the Indian government said it was “unfortunate” that its attempts to resolve significant U.S. requests had…
In Brexit appeal, May calls on Commonwealth to boost trade
May hopes to win the support of the Commonwealth, a network of mostly former British colonies, for future trade deals at a meeting of its heads in London…
Lycra reportedly preparing for a $500 million IPO
The possibility of an IPO was already mentioned when Shandong Ruyi completed its acquisition of the business, formerly known as Invista’s Apparel & Advanced Textiles division, from American…
MAC, CoverGirl and Milk cosmetic brands come out top in terms of gender diversity
According to a new study by the beauty app Perfect365, 68% percent of Millennials and Generation Z beauty fans believe that there is more overall acceptance toward men…
Luxury industry decision-makers stay upbeat despite Covid-19
In early September, MAD, founded and directed by Jean Révis and Delphine Vitry, interviewed 57 decision-makers from various segments of the luxury industry, 55% of whom are executive…
Paytm, other Indian startups vow to fight ‘big daddy’ Google’s clout
Although Google, owned by Alphabet Inc, has worked closely with India’s booming startup sector and is ramping up its investments, it has recently angered many tech companies with…
Sequential Brands Group to expand And1 brand to China
As per the agreement, Sequential and GRN will work closely together to develop and distribute And1 men’s and boy’s basketball apparel, accessories and footwear. The first collection will…
U.S. retail sales unexpectedly rise in October
Retail sales increased 4.6 percent on an annual basis.Economists polled by Reuters had forecast that retail sales would be unchanged in October. The slowdown from September’s robust pace…