Hong Kong exports to the US to labelled ‘Made in China’

After September 25, 2020, Hong Kong exports to the United States will henceforth made labelled as “Made in China”, said a notice by the U.S. Customs and Border Protection The move follows China’s imposition of a national security law on Hong Kong and a US decision to end the former British colony’s special status under … More Hong Kong exports to the US to labelled ‘Made in China’

Proper inventory control is key to future success of fashion brands

As per Moody’s, the apparel industry has witnessed a huge business shock due to the global spread of COVID-19. Businesses, categorised as non-essential, are facing indefinite period of low activity with retailers facing months of store closures and depressed consumer demand. Reduce planned inventory size The entire situation has raised questions about the validity of … More Proper inventory control is key to future success of fashion brands

Joules remains “confident” despite GBP 2 million loss

By guest author Sahar Nazir from Retail Gazette Joules posts pre-tax loss of GBP 2 million compared with a GBP 12.9 million profit in the previous year The decline was due to stock availability issues over Christmas and the coronavirus lockdown. Joules has swung to a loss in its full year results as the “challenges” … More Joules remains “confident” despite GBP 2 million loss