Economics of German Textiles and Clothing are tending downwards

Most economic indicators of the sectors are negative or do not show a clear tendency. The sector clothing is more deceiving than textiles. However, the indices of order intake and the ifo economic climate index leaves hope for a more optimistic development in the second half of 2018. Turnover of the actual month of May … More Economics of German Textiles and Clothing are tending downwards

Out of Stock Online? Zara hopes shipping from stores will boost sales

The fast-fashion behemoth is using its downtown stores to ship online orders, aiming to minimize sale hurdles and speed up delivery Fast-fashion giant Zara is equipping its stores to also ship online purchases, betting that the move will boost sales of full-priced items that can be delivered to customers more quickly than from a warehouse. … More Out of Stock Online? Zara hopes shipping from stores will boost sales

Fabrics with style, power and suppleness in their DNA

Promising product developments in LEISUREE.FASHION from KARL MAYER In the fashion world, the boundaries between the different types of clothing are being increasingly broken down. Garments featuring an unusual hybrid mix of styles are generating good business for textile companies. They are eye-catching on the street and keep machine developers busy. The production machines must … More Fabrics with style, power and suppleness in their DNA

Worth Reading -WTO issues 2018 editions of its flagship statistical publications

WTO, the World Trade Organisation issued in July 30, 2018 the latest editions of its annual statistical publications: World Trade Statistical Review, Trade Profiles and World Tariff Profiles World Trade Statistical Review 2018 looks into the latest trends in global trade, with an in-depth analysis of what is being traded in goods and services and who … More Worth Reading -WTO issues 2018 editions of its flagship statistical publications

Jack Ma’s Giant Financial start- up is shaking the Chinese Banking System

By Guest Author Stella Yifan Xie from Wall Street Journal It handled more payments last year than Mastercard, controls the world’s largest money-market fund and has made loans to tens of millions of people. Its online payments platform completed more than USD 8 trillion of transactions last year—the equivalent of more than twice Germany’s gross … More Jack Ma’s Giant Financial start- up is shaking the Chinese Banking System

U.S. Added 157000 Jobs in July; Unemployment Rate slips to 3.9%

The Labour Department on August 3, 2018 released its hiring and unemployment figures for July, providing a fresh snapshot of the American economy 157000 jobs were added last month. Economists had expected a gain of about 190000. The unemployment rate fell to 3.9 percent, from 4 percent. Average hourly earnings rose by 7 cents to … More U.S. Added 157000 Jobs in July; Unemployment Rate slips to 3.9%