retail-trade
Top StoriesTesco to Charge Online, Booker Suppliers New Fulfilment Charge
Top StoriesAdidas to Slash Dividend After Kanye West Split
Top StoriesValentine’s Day Spending Boosts British Retail Sales in February – Brc
Top StoriesJD.com Provides Consistent Service to Customers and Strong Benefits for Workers During Chinese New Year 2023
Indonesia to Tighten Used Shoe Import Controls After Reuters Report
Date: March 6, 2023
JAKARTA (Reuters) – Indonesia will tighten customs checks at small ports to crack down on the illegal import of second-hand shoes, the industry ministry said on Monday, responding to a Reuters report that found footwear donated to a recycling scheme in Singapore was shipped to Indonesia. A six-month Reuters investigation published on Feb. 25 found...
Boot Market Is Estimated to Reach Us$ 34.06 Billion in 2023 and Grow by 5.8% Between 2023 | Fmi
Date: March 1, 2023
Globally, the Asia Pacific market is expected to grow at a substantial rate of over 30.82% during the predicted timeframe. During the period 2023, North America is anticipated to dominate the global boot market, generating more than 37% of total revenue. Asia Pacific is expected to expand at a CAGR of 6.8%. NEWARK, Del: In...
Puma Expects Cost Pressure on Margins to Persist in 2023
Date: March 1, 2023
By Linda Pasquini (Reuters) -German sportswear maker Puma on Wednesday gave a forecast for 2023 profit with a midpoint below last year’s number, expecting some impact from currency effects and higher freight and raw material costs. Rising materials and freight costs along with a stronger U.S. dollar, inventory markdowns and higher promotion expenses have pressured...
UK Grocery Price Inflation Hits Record 17.1%
Date: February 28, 2023
By James Davey LONDON (Reuters) – British grocery inflation hit 17.1% in the four weeks to Feb. 19, another record high, dealing the latest blow to consumers struggling with a cost-of-living crisis, industry data showed on Tuesday. Market researcher Kantar said prices are rising fastest in markets such as milk, eggs and margarine. It said...
At the Home of Zara, Fast and Slow Fashion Collide
Date: February 28, 2023
By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion business models collide – pitching the growing demands for the clothing industry to become more sustainable against the constant need to drive sales. This rainy, windswept, city on the rugged Atlantic coast is the unlikely headquarters of...
Japan’s Factory Output Posts Biggest Fall in 8 Months on Weak Autos, Chips Sectors
Date: February 28, 2023
By Kantaro Komiya TOKYO (Reuters) – Japan’s factory output shrank at the fastest pace in eight months in January as declining overseas demand took a heavy toll on key industries such as auto and semiconductor equipment. In contrast, retail sales posted their fastest growth in nearly two years, separate data showed, highlighting the divergent paths...