BGMEA says Bangladesh 3rd largest apparel source for US in 2022

The United States imported $9.74 billion worth apparel from Bangladesh in 2022, a rise of 36.38 per cent over the figure of $7.16 billion in 2021. The figure was $5.40 billion in 2018, BGMEA president Faruque Hassan said in a recent letter to its members and colleagues.Between 2017 and 2022, US apparel imports from Bangladesh increased at a compounded annual growth rate of 13.99 per cent, whereas similar US imports overall grew by 4.5 per cent annually, Bangladesh media outlets reported.คำพูดจาก สล็อตเว็บตรง

Apparel imports from China to the United States posted a 10.83 per cent year-on-year (YoY) growth last year in dollar value.Vietnam ranked second, with the value of…

Amazon copied products and rigged search results to promote its own brands, documents show

The Reuters report, reviewing thousands of internal Amazon documents, found that the U.S. company ran a systematic campaign of creating knockoffs and manipulating search results to boost its own private brands in India, one of the company’s largest growth markets.Wednesday’s report showed that, at least in India, manipulating search results to favour Amazon’s products, as well as copying other sellers’ goods, were part of a formal strategy at Amazon – and that at least two senior executives had reviewed it.

The Reuters investigation drew bipartisan criticism of Amazon from U.S. lawmakers.Linking to the story on Twitter and Facebook, Warren, a long-time critic of Amazon, said “these documents show what we feared about Amazon’s monopoly power — that the company is willin…

Clothing makers find it hard to break with China’s supply chain

But amid mounting global economic uncertainties and weakening consumer demand, many are discovering that finding alternative production hubs comes with its own challenges. Some are even upping stumps and moving back to the mainland.“That mature ecosystem, established over decades in China, not only ensures competitive price points, but also delivers stable quality at mass production that’s hard to copy,” Laura Magill, the global head of sustainability at footwear brand Bata Group, said. “I can’t think of another place that can do the quality, the quantity and the price as well as China.”คำพูดจาก สล็อตเว็บตรง

Apparel makers and factory owners that Bloombe…

China’s consumer sentiment starting to improve, surveys show

Economists will be watching closely if the trend continues since consumption, a key driver of China’s economy, has slowed in recent months because of waning confidence and a housing market slump.The share of consumers planning to spend more over the next six months and “trade up” to more expensive brands increased in August compared with June, according to a bi-monthly survey from Bank of America Corp. คำพูดจาก สล็อตเว็บตรง

“Our latest August survey showed that consumers’ willingness to spend has improved slightly, likely helped by booming services demand during the summer,” Bank of America economists led by Helen Qiao wrote in a note.A measure of Chinese …

Exhibitor numbers rise at Milano Unica show starting on 6th February

Specifically, the show will host 416 exhibitors, compared to 365 a year earlier, plus once again 34 Japanese companies featured in the Japan Observatory section – dedicated to Japanese manufacturing excellence (there were 40 of them in February 2017) – and 20 Korean exhibitors (as opposed to 22 last year) featured in the Korea Observatory section.”The satisfaction expressed by buyers last July confirmed our choice was the right one, as it was self-evident, since it enabled us to respond to the market’s requirements. Milano Unica’s duty has always been to act on the stimuli issued by the world of fashion, not just in the interest of its exhibitors but also of the industry at large,” wrote the show’s President Ercole Botto Poala in a press release.คำพูดจาก

Delivery issues are deal-breakers for most marketplace e-shoppers – report

For 81% of shoppers, convenience is the most important reason they choose to shop at online marketplaces, followed by competitive prices (63%) and a wide product range (52%), according to e-commerce delivery platform Sendcloud. Importantly, 65% of online consumers say they wouldn’t order from a marketplace if they don’t offer a convenient delivery option and 71% say flexibility in delivery is key for them. คำพูดจาก สล็อตเว็บตรง

After standard delivery options (30%), the most popular ones are next-day delivery (21%), same-day delivery (10%), or local store pick-up (7%). Speed is also an important deciding factor, with 40% of consumers refusing to order from marketplaces…

Fashion retail struggled in November says BDO sales tracker

And so it was with BDO’s latest High Street Sales Tracker (HSST) for November with its figures suggesting that “shoppers have become increasingly jaded by Black Friday.”According to the HSST, in-store sales declined by 2.6% year-on-year last month and following a poor October (down 2% year-on-year), it marks the tenth consecutive month of negative in-store growth. 

It also strongly hints at an autumn trading period that’s going to make grim reading when many retailers issue their trading updates and final-quarter earnings reports in the weeks and months ahead.Despite retailers trying to boost sales with extended and targeted discounting, Black Friday week “provided little respite” with in-store sales remaining almost flat at +0.4%.But online retail had a “bumper mon…

Prada and UNESCO postpone start of the Sea Beyond Project

The project, which was designed for students all around the world to help them understand the importance of ocean sustainability, will be postponed to September 2020. “With the closing of educational establishments across the world, particularly in the 10 countries participating in the Sea Beyond project, Prada and UNESCO’s IOC are currently unable to effectively deliver the main educational elements of the initiative, particularly with regards to fostering group work among students in participating schools,” Prada and IOC explained in a joint statement.  

UNESCO currently estimates that the outbreak is now impacting over 1.2 billion learners worldwide, from the pre-primary to tertiary level, and including the higher education one. Meanwhile, 72.9 percent of total enrolled…

SMCP takes innovative approach to retailer training with ‘Retail Lab’

The owner of Sandro, Maje, Claudie Pierlot and Fursac said Retail Lab is a school “delivering certified training to students enabling them to become the sales advisor of tomorrow”. Its first class comprises 20 students form all backgrounds with the only selection criteria being “the candidates’ motivation and interest in fashion”. 

SMCP launched “an innovative, modern and inclusive admission campaign” for it on social networks Facebook, Instagram, and TikTok, and on different channels such as Spotify, Indeed, LinkedIn, and others. And in an unusual move, no CV or level of experience were required from the candidates, who had to answer a series of questions on video to express their desire to apply for the programme. The “most motivated among them were invited to a…

Some north China cotton mills halt output to fight smog

Mills have stopped buying raw cotton and closed in Hebei province and parts of Shandong, both major growing regions for the fiber, according to a report by Cncotton.com, a government-backed trade website. China is the world’s top textile exporter.


 

The report said cotton processing in parts of Hebei, one of the nation’s most polluted provinces, may be affected until the end of December.

The shutdowns come as more than more than 40 cities in China’s northeast have issued pollution warnings in the past 48 hoursคำพูดจาก สล็อตpg. For many cities, that means shutting factories, closing schools, recommending residents stay indoors and curbing…