USA news and archive

Q1 of 2024 marked by series of job cuts

The first quarter of the year has outlined the tough reality of the current market, with last year’s challenging financial period leaving many companies with no option but to initiate strategic reviews. And, as part of this process, inevitably the question of jobs comes into play, with roles, departments and geographies coming under the...

BusinessFeatured

US introduces new bill to counter Chinese production and encourage local supply

A new US bill is hoping to encourage an increase in circular fashion production in a bid to revive North America’s local supply chain while countering that of China’s. The Americas Trade and Investment Act (or the Americas Act) was introduced by US senators Bill Cassidy and Michael Bennet, as well as US representatives Maria Salazar and Adriano...

Retail

Frankie4 opens debut US store in Seattle

Australian footwear brand Frankie4 has opened its first permanent retail store in the United States. Located at the Bellevue Collection, just outside of Seattle, Washington, the store opening builds on the success of the brand's Bellevue Square pop-up location, which ran last spring and summer. Expanding its reach in the US, Frankie4 has...

Business

What Biden as US President could mean for goods trading

For four years US President Donald Trump upset the world order with his "America first". Now there are many indications of a replacement by Joe Biden. Many allies are hoping for a radical change of course from the 77-year-old: a US foreign policy that relies on international treaties and cooperation instead of Twitter tirades, economic pressure...

Fashion Partner Content

Eurovet Americas – 1.11.18

Eurovet Americas continues to lead the Intimate Apparel industry by creating a platform for the key players in the business sector. This year, CURVENEWYORK will develop an environment rich in innovative brands, informational sessions on important topics in the industry, and an exploratory area of trends. The Intimate Apparel market is...

Fashion

China to pass US in retail sales this year: forecast

Chinese consumers should outspend their American counterparts in 2019, with retail sales in the Asian giant continuing to grow in the coming years, according to an industry forecast published Wednesday. Retail sales in China are expected to hit 5.64 trillion USD, an increase of 7.5 percent over 2018, while Americans are likely to spend 5.53...

Fashion

Primark American debut could boost profits by 70 percent

Value retail is big business in the USA, and Primark's launch into the lucrative American market could potentially boost it's sales by 70 percent. The figure, which assumes the retailer is successful following its launch in the US this autumn, was shared at a meeting organised by broker Shore Capital with investors and John Bason, finance...

Retail

Canada cracks down on US price competition

Consumers buying clothing in North America have seen a disparity between the prices in Canada and US, where they are often much more expensive. While they are different markets, the Canadian government is set to unveil legislation to target the retail price gap between its country and the US, giving the domestic competition watchdog new powers,...