Why Nordstrom Steamed Ahead as Old Navy Sank

Consumers are finally starting to swap sweatpants and tees for dresses and suits; tourism could be the next boost for some apparel brands. By guest author  Jinjoo Lee from the Wall Street Journal Goodbye, sweatpants; hello, dress pants. A clear signal from apparel retailers reporting results lately is that customers are finally starting to dress … More Why Nordstrom Steamed Ahead as Old Navy Sank

In Davos, WTO DG Okonjo-Iweala calls for global solidarity in responding to crises

At the World Economic Forum in Davos, Director-General Ngozi Okonjo-Iweala urged government and business leaders to come together through multilateral institutions such as the WTO to address the multiple crises facing the global economy and world trade. In a gathering overshadowed by the Ukraine conflict and its impact on global food supplies, the Director-General met … More In Davos, WTO DG Okonjo-Iweala calls for global solidarity in responding to crises

Swiss retail trade turnover falls in April 2022 by 5.1 %

  Real turnover adjusted for sales days and holidays fell in the retail sector by 6.0 % in April 2022 compared with the previous year. Real growth takes inflation into consideration. Compared with the previous month, real, seasonally adjusted retail trade turnover registered a decline of 1.2 %. Retail sector excluding service stations Adjusted for … More Swiss retail trade turnover falls in April 2022 by 5.1 %

Agriculture: EU agri-food trade shows strong growth in first two months of the year

The latest EU agri-food trade figures published today (May 31, 2022) show that the total value of EU agri-food trade was EUR 28.3 billion in February 2022, an 18 % increase compared to the same month last year. Exports rose by 11% to EUR 16.6 billion, while imports grew by 30 % to reach EUR … More Agriculture: EU agri-food trade shows strong growth in first two months of the year