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Business

How the US 25 percent trade tariff increase could hit EU and UK fashion

The United States announced recently that it would apply a tariff increase of 25 percent on goods from three European countries, as well as the United Kingdom, Turkey and India. The measure was soon suspended to allow for international negotiations to proceed. The 25 percent tariff increase was announced in response to the EU’s decision to apply...

9 Jun 2021

Video

Is China altering the future shopping experience?

"China is a huge laboratory for innovation," says retail expert Angela Wang, "and in this laboratory everything found on the phones of the people instead." Five hundred million Chinese consumers - the equivalent along the total population of the United States, Britain and Germany - buy regularly on mobile platforms, even in stationary shops....

15 Jan 2020

Video

Retail Trends for 2020

Make your consumers where they are and the way they want to be addressed 2020th Of educational platforms in stores, to on-demand Styling - The retail sector will change in the next 10 years than in the last 1000 years. Here five technologies are presented, which is the way we shop change.

3 Jan 2020

Business

Alibaba's Ma says 1m US jobs pledge thwarted by trade row

Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between Beijing and Washington, Chinese state news reported Thursday. The billionaire owner of China's largest online shopping portal made the headline-grabbing promise to Donald Trump last year, as Beijing courted the...

20 Sep 2018

Business

​Sanpower to introduce premium Chinese brands to Europe via HoF

London - Sanpower Group, the Chinese owner of British department store chain House of Fraser, has announced the launch of a new supply chain programme, designed to create a gateway for premium Chinese brands to gain access to the UK and EU market through House of Fraser. The new initiative, which aims to further strengthen House of Fraser's...

10 Apr 2018

Fashion

IAF warns for possible disruption in international trade in clothing

Han Bekke, president of the International Apparel Federation, is worried about the recent geo political tensions, polarisation and populism in a growing number of countries. “This could easily lead to protectionism and import duties and with that it will not only affect the world exports in clothing (approx.$ 450 billion), but also the position...

14 Mar 2017

Business |OPINION

TPP: who profits, who does not

The Trans-Pacific Partnership(TPP) that was recently formed between the USA and eleven Pacific states - Canada, Chile, Mexico and Peru on one hand and New Zealand, Australia, Japan, Malaysia, Brunei, Singapore and Vietnam on the other - aims to remove trade barriers and to set common standards. Non-members like the EU are more than a bit alarmed...

20 Oct 2015

Business

Renewed trade ties between India and German will benefit textile industry too

German federal chancellor Angela Merkel, on a three-day visit to India that concluded yesterday, met prime minister Narendra Modi at the third India Germany Inter-Governmental Consultations (IGC) in New Delhi and renewed their determination to expand bilateral trade and investment. After the IGC, both leaders issued a joint statement, noting the...

7 Oct 2015