After gold exports dropped by six percent in the first eight months on the financial year 2018, jewellery exporters fear another dip as the UAE, a major importer, will impose five percent VAT from January 1.
The U.S. holiday shopping season is on track to break sales records on the back of surging consumer confidence and increased use of mobile devices, presenting an unexpected boon for retailers and delivery companies.
Belgium’s FNG Group is moving its stock to an automated warehouse in Zoetermeer, the Netherlands. With the news system, the group is able to save costs while working more efficiently with its online partners.
The textile and clothing (T&C) sector has witnessed subdued performance in 2016, says a recent review. Despite a bright EU economy, T&C activity in EU lost dynamism in particular towards the end of the year.
After being invited to testify before Congress, Patagonia founder Yvon Chouinard has responded, questioning the invitation's rationale and the legality of the largest revocation of protected land in US history.
UK consumer confidence fell again in December and is fast approaching two years of decline, according to GfK’s consumer confidence index. Of the five measures analysed for the score, just one saw an increase.
Bad weather, a touch of complacency and expectations of bigger discounts may have kept Britons from splashing out in a big way so far this Christmas season, but the shopper trickle will turn into a flood this weekend.