Pittards boosts cash levels, sales plunge but recovery starts

During the first half, it also agreed a remortgage for its site in Yeovil in the South West of England, extending existing funding of £1.75 million for five years. This brings…

Two-thirds of US consumers use mobile to shop

The Path to Purchase Using Mobile Devices Market Research report by CTA says that the increasing use of smartphones for shopping has drastically impacted the consumer’s path to purchase. About nine…

M-commerce key for fashion sales this Xmas, but AOV lower than desktop

The figures come from Nosto, an AI-powered e-commerce personalisation platform that analysed millions of shopping visits to fashion sites around the world over Black Friday weekend and Cyber Monday.The results…

Shein commits $50 million to address textile waste

The multi-year EPR Fund agreement will see the Chinese fast-fashion company dedicate $50 million over the next five years. The fund will help advance the design and implementation of ecological and social sustainability strategies focused…

U.S. tariffs cost China $35 billion, hurt both economies

Beijing and Washington have been locked in a trade feud for the past 16 months although there are hopes that an initial deal offering some relief may be signed this…

Suez Canal blockage could hit consumer supply chain

No ship as long or as heavily laden as the Ever Given has blocked the canal before. A ship of a similar size blocked the River Elbe in Germany five…

Turkey to act on e-commerce orders avoiding tax

Ankara has taken measures in recent months to reinvigorate slowing economic activity, including in the areas of taxation and incentives to help manufacturers after the lira lost some 30 percent…