Apparel Sourcing Intelligence - Worldwide

News

11th November 2020

UK government still hasn’t produced a lorry drivers’ guide

The UK government has still not produced a guide for foreign lorry drivers needing to drive into Britain - with less than five working weeks to go before Britain is...

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9th November 2020

UK publishes list of its new trade deals

The countries with which Britain will have its own trade deal on December 31 account for less than 1% of its clothing imports. So if it really does exit its...

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9th November 2020

Pfizer vaccine signals light at end of Covid tunnel

Pfizer announced on November 9 that the vaccine it had developed with BioNTech is 90% effective in preventing people from getting Covid-19. The vaccine is one of around 12 worldwide...

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6th November 2020

China’s Australian import ban reveals UK trade advisor’s poor judgement

China's ban on Australian imports reflect badly on the judgement of former Prime Minister Tony Abbott, recently appointed by the UK government as a Trade Adviser. Chinese importers were advised...

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2nd November 2020

China raps its most successful retailer’s knuckles – for honesty

Jack Ma, the world's most successful retailer and possibly China's most successful businessperson ever, was brutally shown on November 4 how the country really works. The Shanghai Stock Exchange said...

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25th October 2018

Amazon Q3 retail sales “surprisingly weak”

Although Amazon announced third quarter sales 2017 were "up 29%" its retail sales were surprisingly weak - and its profits from retail outside North America may not have improved as...

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23rd October 2018

Confusion over Amazon’s share of US clothing market

Estimating how Amazon ranks in the US clothing market is tricky - and often leads to real overstatements. With their Q3 results about to be announced, it's worth looking at...

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22nd October 2018

Amazon Europe losses greater than Sears

The 2017 near-billion dollar losses that tipped Sears into its bankruptcy filing were about the same as Amazon’s losses on European retail alone. Sears lost $981mn in 2017.  Slightly less...

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18th October 2018

UK Q3 2018 physical store growth “fastest since 2014”

UK retail sales through physical stores in the 12 months to September 2018 grew at their fastest rate (7.2%)  since 2014, the country's Office for National Statistics announced on October...

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15th October 2018

US physical retail showing “fastest growth

US retail sales through physical stores in the twelve months to September showed their fastest growth (4.1%) since 2011, the US Department of Commerce announced on October 15. The value...

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8th October 2018

UK Parliament demands social accountability records from ten leading clothing retailers

Mary Creagh, Chair of the UK Parliament's Environmental Audit Committee revealed on October 5 she had sent a social accountability questionnaire to the country's ten  leading clothing retailers , asking:. 1. Are all...

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