Australian retail sales surge on Black Friday bonanza

Thursday’s figures from the Australian Bureau of Statistics (ABS) showed retail sales jumped 1.2 percent in November from October, when they rose a solid 0.5 percent.That was three times the… Read more

Australian retailers rally as Amazon gets cool reception

While Amazon.com.au was generally competitive on price, analysts found some items were more expensive on the U.S. company’s website. An iPhone 7 Plus was selling on Amazon for A$1,345 ($1,027.71)… Read more

Gel formulas and artistic manicures set the nail product industry on track for growth

The global nail polish market is set to grow at a compound annual rate of 9.5% to reach a value of US $15.55 billion by 2024, a new report by… Read more

French consumer confidence rebounds after slump

The INSEE national statistics agency said consumer confidence in January rose to 91 points from 86 in December, which had marked the lowest level since October, 2014.Fifteen economists polled by… Read more

India raises duty drawback to boost readymade garment exports

The new duty drawback rates would be effective from the next month.Exporters shall be eligible for the All Industry Rate of Duty Drawback, for non fabric inputs, as determined by… Read more

India’s migrants fill gap in mills left by locals seeking better prospects

There is no official breakdown of workers in Tamil Nadu, but activists say more school leavers are turning their backs on the textile industry for jobs in better-paid sectors such… Read more

Hanjin says cargo owners withholding $80 million in payments

“Hanjin is not the only bad guy here,” Ilana Volkov, an attorney for the shipping company, said at a status hearing at a U.S. Bankruptcy Court in Newark, New Jersey.Hanjin… Read more

Italy’s make-up and men’s beauty products a hit in USA

Italian make-up products are big in AmericaAccording to 2016 figures provided by Cosmetica Italia at the Cosmoprof North America trade fair, held at the Mandalay Bay Convention Center in Las… Read more

Fashion brands urged to fix ‘broken industry’ with pledge on workers’ pay

The #PayYourWorkers campaign said brands and retailers that made a profit in 2020 – like Nike, Amazon and Next – could stop garment workers “going hungry” and set up a… Read more