Arbitration panel rejects Future’s plea on Reliance deal in dispute with Amazon

Amazon has been locked in a tussle with Future and accuses it of breaking contracts when it sold its retail assets to Indian market leader Reliance last year. Future denies… Read more

A third of UK importers struggle with Brexit changes – report

Referring to ONS figures, it claims transport costs, border disruption and customs duties problems soared in the two-week period between 24 January and 7 February. Doubt has also been cast on… Read more

Acreage allocated to flax fiber in Europe expected to reach 160,000 hectares in 2024

The coastal strip stretching from western France to the Netherlands, conducive to flax cultivation, had accumulated 150,000 hectares dedicated to this fiber in 2023. Projections and field reports indicate that… Read more

Global K-beauty market to be worth $21.8 billion by 2026

 According to Portland, Oregon-based Allied Market Research, the K-beauty industry generated $9.3 billion in 2018 and is expected to see an impressive CAGR of 11.3% between 2019 and 2026. The market… Read more

Graduate Fashion Foundation names 10 new Global Ambassadors

The new group includes Orsola de Castro of Fashion Revolution; international supermodel Eunice Olumide; designer and sustainability activist Patrick McDowell; Dior Bediako of Pepper Your Talk and The Junior Network; Browns buying director Ida… Read more

Gift cards are key for driving extra UK spending – report

Consumer demand for gift cards remains high and a survey of 2,000 UK consumers shows that 84% have bought one at some point with 87% of those buying them at… Read more

In 2023, China witnessed one of its most sluggish economic growth rates in three decades

China, hampered by three years of COVID-related health restrictions, lifted these measures at the end of 2022, significantly rejuvenating its economy at the beginning of last year. However, this resurgence… Read more

Ethiopian textile industry at risk if U.S. suspends trade deal over Tigray war

Like thousands of other Ethiopian women, stitching shawls for export to the United States pays the 40-year-old textile worker’s rent and her daughter’s school fees.Now though, Finoteselam’s job is in… Read more

Amazon boosts delivery capabilities with expansion of Air network

This marks the latest development of the Amazon Air network, the e-commerce company’s delivery system meant to boost its vertical integration and reduce its reliance on shipping companies like UPS,… Read more

In rare bipartisan display, U.S. Democrats back Trump on China IP and trade probe

Senate Democratic leader Chuck Schumer encouraged the Republican president to skip the investigation and go straight to action against China.”We should certainly go after them,” said Schumer in a statement.… Read more