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  • 19
    Jun
    2024

    Yue Yuen’s May Sales Boosted by Manufacturing Growth

    Article From:SGB Media Yue Yuen Industrial, Ltd. reported revenues rose 2.3 percent in May to $717.4 million. An 8.3 percent gain in its manufacturing segment offset a 5.0 percent decline in its Pou Sheng China retail segment. For the fir...

  • 18
    Jun
    2024

    China's SMEs see slight decline in May business activities

    Article From:Fibre2Fashion Chinas small and medium-sized enterprises (SMEs) experienced a slight decline in business activities in May, according to the China Association of Small and Medium Enterprises. The small and medium enterprises d...

  • 18
    Jun
    2024

    China's consumer prices rise for 4th consecutive month in May

    Article From:Fibre2Fashion Chinas consumer prices continued their upward trend for the fourth consecutive month in May, according to the National Bureau of Statistics (NBS). The consumer price index (CPI), a key measure of inflation, incr...

  • 17
    Jun
    2024

    China's export container shipping price index rises 14.3% in May 2024

    Article From:Fibre2Fashion Chinas export container shipping price index saw an increase of 14.3 per cent month-on-month (MoM) in May 2024, according to data from the Shanghai Shipping Exchange. The average China Containerized Freight Inde...

  • 17
    Jun
    2024

    China's natural gas consumption rises 11.9% in Jan-April 2024

    Article From:Fibre2Fashion Chinas apparent consumption of natural gas totalled 143.73 billion cubic metres in the first four months of 2024, marking an 11.9 per cent year-on-year (YoY) increase, according to the National Development and R...

  • 14
    Jun
    2024

    Global online retail sales to grow at CAGR of 8.9%: Report

    Article From:Fibre2Fashion Total global online retail sales will grow from $4.4 trillion in 2023 to $6.8 trillion by 2028, at an 8.9 per cent compound annual growth rate (CAGR), according to a report by research and advisory company Forre...

  • 14
    Jun
    2024

    Sportswear brand Puma's latest automation hub opens in Arizona, US

    Article From:Fibre2Fashion The warehouse, which will process orders from wholesale partners and PUMAs golf subsidiary Cobra, will complement PUMAs existing distribution centers in Torrance, California and Whitestown, Indiana. We are very...

  • 13
    Jun
    2024

    China's export container shipping price index rises 14.3% in May 2024

    Article From:Fibre2Fashion Chinas export container shipping price index saw an increase of 14.3 per cent month-on-month (MoM) in May 2024, according to data from the Shanghai Shipping Exchange. The average China Containerized Freight Inde...

  • 13
    Jun
    2024

    China's e-commerce logistics index climbs to 113.9 points in May

    Article From:Fibre2Fashion Chinas e-commerce logistics index reached 113.9 points in May, reflecting a 0.7-point increase from the previous month, as per the China Federation of Logistics and Purchasing. The sub-index for total business v...

  • 12
    Jun
    2024

    China's international trade surges in April 2024

    Article From:fibre2fashion Chinas international trade in goods and services reached a total value of 4.11 trillion yuan (approximately $578.27 billion) in April 2024, marking a 13 per cent year-on-year increase, according to the State Adm...

  • 12
    Jun
    2024

    Apparel makers cutting carbon emissions in green push

    Article From:chinadaily A staff member makes garment embroidery products at a knitting company in Qingdao, East Chinas Shandong province, Feb 18, 2024. [Photo/Xinhua] Chinas textile and apparel makers have stepped up efforts to cut carbon...

  • 12
    Jun
    2024

    Physical stores maintain relevance amid e-commerce surge, study finds

    Article From:SGI-Europe A recent study by Forrester highlights a significant projected growth in global e-commerce, expecting online sales to reach $6.8 trillion by 2028, capturing 24 percent of worldwide retail. Despite this surge, $21.9...

  • 11
    Jun
    2024

    Foot Locker, Dick’s, and Adidas Fueling a Sporting Goods Comeback

    Article From:SGI-Europe A deep malaise that infected most of the sporting goods and footwear business for nearly a year is now perhaps yielding to a new period of recovery. Foot Locker reported on Thursday better-than-expected earnings in...

  • 10
    Jun
    2024

    Xiamen enterprises see boom in exports of sporting goods as Paris Olympics approach

    Article From:chinadaily High-end tennis rackets produced by Topkey for export. [Photo/Wechat account of Jimei district] As the Paris Olympic Games approach, the Olympic Economy continues to heat up, with many Xiamen enterprises experienci...

  • 07
    Jun
    2024

    Section 301 Tariff News is Not Good for the Bike Business

    Article From:SGB Media PeopleforBikes (PFB) remained on the job, reporting changes to Section 301 tariffs before the long Memorial Day weekend and identifying the key items that could worsen the tariff situation for bike and bike accessor...

  • 07
    Jun
    2024

    Report: U.S. Sporting Goods Growth Continues Solid Post Pandemic Growth

    Article From:SGB Media The Sports Fitness Industry Association (SFIA) released its 2024 State of the Industry Report, highlighting 4.2 percent year-over-year industry growth in 2023, favorable profitability and inventory trends and robust...

  • 06
    Jun
    2024

    European Council approves right to repair directive

    Article From:fibre2fashion The European Council has adopted a directive promoting the repair of broken or defective goods, known as the right to repair (R2R) directive. This legislation aims to make it easier for consumers to seek repair...

  • 06
    Jun
    2024

    Diving equipment market to grow at 7.5% CAGR by 2035

    Article From:sgieurope According to a new report by Allied Market Research, the global diving equipment market was valued at $3.5 billion in 2023 and is expected to reach $8.1 billion by 2035, a compound annual growth rate (CAGR) of 7.5 p...

  • 05
    Jun
    2024

    China's ANTA Sports releases 2023 annual ESG report

    Article From:fibre2fashion ANTA Sports Products Limited (ANTA Sports or the Company, stock codes: 2020 (HKD counter) and 82020 (RMB counter), and its subsidiaries collectively the Group), is pleased to announce that the Group recently rel...

  • 04
    Jun
    2024

    BASF inaugurates second polymer dispersions production line in China

    Article From:fibre2fashion BASF celebrates the inauguration of its second polymer dispersions production line at the Daya Bay site in Huizhou, China. This expansion directly responds to the rapidly growing local demand for high-quality di...

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