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By Reuters Published May 9, 2025 In a garment hub in south India, R.K. Sivasubramaniam is fielding requests from Walmart and Costco who want to sidestep higher U.S. tariffs faced by rival Asian suppliers, Bangladesh and China. But rows of idle sewing lines at his factory lay bare his biggest challenge. Archivo “Even if orders […]
Read MoreBy Reuters Published May 4, 2025 Amazon on Thursday tried to temper investor concerns about the impact of the Trump administration’s tariffs on its e-commerce business, but the company may have few options left to ensure small third-party sellers stay put in the face of crushing levies. Reuters U.S. President Trump has imposed 145% duties […]
Read MoreAs tensions between the U.S. and China persist, NGOs warn that mounting cost pressures from brands could jeopardize hard-won progress in protecting the rights of textile workers. The collapse of the Rana Plaza factory in Dhaka on April 24, 2013 – Shutterstock The Clean Clothes Campaign raised this concern on April 24, marking exactly twelve […]
Read MoreBy Reuters Published April 24, 2025 Procter & Gamble on Thursday lowered its annual sales and profit forecasts after reporting a bigger-than-expected drop in third-quarter net sales as consumers slashed spending due to economic uncertainty amid an ongoing trade war. Olay U.S. President Donald Trump‘s sweeping tariffs on imports have left global markets reeling and […]
Read MoreBy Bloomberg Published April 24, 2025 Francois Pinault, the octogenarian founder of Kering SA, has seen his family’s fortune drop by more than two-thirds since a pandemic-era boom as his son struggles to turn around the French luxury conglomerate’s biggest brand, Gucci. See catwalkGucci – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – […]
Read MoreBy Reuters Published April 24, 2025 Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result of U.S. trade policies. Reuters That would be the third drop in global container shipping demand since London-based Drewry began recording that data in 1979. Container volumes fell 8.4% […]
Read MoreBy Reuters Published April 22, 2025 U.S. President Donald Trump‘s administration intends to press India to give online retailers such as Amazon and Walmart full access to its $125 billion e-commerce market, the Financial Times reported on Tuesday, citing industry executives, lobbyists and U.S. government officials. India under tariff pressure to give Amazon and Walmart […]
Read MoreBy Reuters Published April 22, 2025 Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday, as its parent Walmart aims to take the 17-year-old company public. Walmart-backed Flipkart to shift base back to India from Singapore Many Indian startups that once chose to be based abroad for better […]
Read MoreWalmart owned e-commerce giant Flipkart has decided to end its remote work options for employees and directed its corporate workforce to work in the office for five days a week after previously enabling numerous remote work opportunities. Flipkart had increased remote work opportunities during the pandemic but is returning to the office – Flipkart- Facebook […]
Read MoreBy Reuters Published April 17, 2025 Walmart has signed a deal for a second office space in the southern Indian city of Chennai, which is fast emerging as a major technology center after being known for years as a manufacturing hub. Archivo Global companies are increasingly, opens new tab setting up local hubs in India to support […]
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