Mid-market global brands like Gap, Zara, and Uniqlo are successfully winning back Chinese consumers who previously favoured domestic labels.
Mid-market global brands like Gap, Zara, and Uniqlo are successfully winning back Chinese consumers who previously favoured domestic labels.
Early movers Adidas and Puma are gaining ground in Uganda, but other Western retailers have left the market open to Asian competitors even as a rapidly growing middle class and style-conscious youth fuel demand.
Early movers Adidas and Puma are gaining ground in Uganda, but other Western retailers have left the market open to Asian competitors even as a rapidly growing middle class and style-conscious youth fuel demand.
This week’s round-up of global markets fashion business news also features Saudi Arabian shopping malls, Iran’s struggling garment factories and South Korea’s new streetwear media launch.
This week’s round-up of global markets fashion business news also features Saudi Arabian shopping malls, Iran’s struggling garment factories and South Korea’s new streetwear media launch.
The conflict is already disrupting retail, driving up material costs and squeezing global supply chains, with price hikes likely next.
The conflict is already disrupting retail, driving up material costs and squeezing global supply chains, with price hikes likely next.
This week’s round-up of global markets fashion business news also features Vietnam’s textile exports, India’s gold prices and China’s new e-commerce guidelines.
This week’s round-up of global markets fashion business news also features Vietnam’s textile exports, India’s gold prices and China’s new e-commerce guidelines.
On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?
On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?
A US inflation report will offer a key glimpse at how the conflict is impacting consumers. Elsewhere, Uniqlo owner Fast Retailing reports results.
A US inflation report will offer a key glimpse at how the conflict is impacting consumers. Elsewhere, Uniqlo owner Fast Retailing reports results.
This week’s round-up of global markets fashion business news also features Romanian designers, Colombia’s Inexmoda and the downturn at Dubai mall department stores.
This week’s round-up of global markets fashion business news also features Romanian designers, Colombia’s Inexmoda and the downturn at Dubai mall department stores.
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an increasingly volatile security environment.
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an increasingly volatile security environment.
Asia braces for deepening shortages as Iran war disrupts oil flows, sending everyday goods prices sharply higher across global supply chains.
Asia braces for deepening shortages as Iran war disrupts oil flows, sending everyday goods prices sharply higher across global supply chains.
This week’s round-up of global markets fashion business news also features Eid al-Fitr spending across the Gulf, Moscow Fashion Week and Indian factories squeezed by the Middle East war fuel shortage.
This week’s round-up of global markets fashion business news also features Eid al-Fitr spending across the Gulf, Moscow Fashion Week and Indian factories squeezed by the Middle East war fuel shortage.
As domestic demand weakens and global consumers seek out lower-priced alternatives, Chinese challenger brands like Anta and Urban Revivo are rolling out stores from Bangkok to Beverly Hills.
As domestic demand weakens and global consumers seek out lower-priced alternatives, Chinese challenger brands like Anta and Urban Revivo are rolling out stores from Bangkok to Beverly Hills.
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Suppliers to retailers including Gap and Walmart are beating the broader market as investors bet India’s new trade agreements and shifting sourcing patterns will boost exports.
The Trump administration has formally appealed the order directing customs authorities to refund the global tariffs declared unlawful by the US Supreme Court earlier this year.
The levies would affect imports from 60 trading partners, with rates ranging from 10% for Mexico, Canada and the UK to 12.5% for China, India and Brazil, as the Trump administration seeks to rebuild its tariff wall.
US Customs and Border Protection validated over 80,000 applications for refunds covering an undisclosed number of shipments or entries.
OPEC+ is set to agree on Sunday to a modest oil output hike, but the increase will remain largely on paper as long as the US-Iran war continues to disrupt Gulf oil supplies, sources told Reuters.
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.
The Chinese sportswear giant will open 10 stores across the country by early 2027, after previously retreating from the market as relations between China and India deteriorated.