Textile Exchange – Public Stakeholder Feedback Period Open Responsible Wool Standard V2.0 and Responsible Mohair Standard V1.0

Textile Exchange – Public Stakeholder Feedback Period Open Responsible Wool Standard V2.0 and Responsible Mohair Standard V1.0 … More Textile Exchange – Public Stakeholder Feedback Period Open Responsible Wool Standard V2.0 and Responsible Mohair Standard V1.0

Bangladesh denim makers losing market share in US and Europe

Bangladesh denim makers losing market share in US and Europe – Bangladesh denim makers are losing market share in the United States as their competitors, such as Vietnam, are reaping the benefits of the ongoing US-China trade war. The sector is also witnessing negative growth in the European market, due to the economic slowdown and a looming uncertainty centring the Brexit issue. … More Bangladesh denim makers losing market share in US and Europe

BASF and NGK to partner on developing the next generation of sodium-sulfur batteries

BASF and NGK to partner on developing the next generation of sodium-sulfur batteries – BASF New Business GmbH, a wholly owned subsidiary of the German chemical company BASF, and Japanese ceramics manufacturer NGK INSULATORS, LTD. are expanding their cooperation. In addition to the sales partnership agreement for NAS® batteries announced in June 2019, they have now entered into a joint development agreement (JDA) to develop the next generation of sodium-sulfur batteries. … More BASF and NGK to partner on developing the next generation of sodium-sulfur batteries

Alibaba Group Generated USD 12 Billion of GMV in the First Hour of the 2019 11.11 Global Shopping Festival

Alibaba Group Holding Limited (NYSE: BABA) today kicked off the 2019 11.11 Global Shopping Festival at midnight in China. In the first minute and eight seconds, GMV settled through Alipay reached USD 1.0 billion (RMB7.0 billion). In the first hour, GMV settled through Alipay reached USD 12.0 billion (RMB84.0 billion). In the hours leading up … More Alibaba Group Generated USD 12 Billion of GMV in the First Hour of the 2019 11.11 Global Shopping Festival

China becomes the benchmark of success for Western brands

China becomes the benchmark of success for Western brands- In recent years, China has become a predictor of future retail trends. The new retail model promoted by Chinese e-commerce giants like Alibaba and Tencent is “revolutionising the retail-scape” and is perfectly in line with changing consumer behaviour. … More China becomes the benchmark of success for Western brands