Hong Kong Feb retail sales growth strongest in 8 years

Retail sales jumped 29.8 percent to HK$45.2 billion ($5.76 billion) in February, government data showed on Tuesday. In volume terms, retail sales grew 28.2 percent.It was the strongest growth in… Read more

JD.com workers get unions in watershed moment for China’s tech sector

Regulators in China have come down hard on its biggest technology firms this year, criticising them for policies that exploit workers and infringe on consumer rights in addition to unleashing… Read more

Inditex working at reduced capacity despite loosened Spanish lockdown

Meanwhile, just three of Inditex’s 13 Spanish factories were back at work, making medical supplies like scrubs to help fight Spain’s coronavirus crisis, with no garments being made for now… Read more

Hong Kong retailers forecast sharp drop in sales as protests rock city

On top of that forecast, the Hong Kong Retail Management Association also sharply changed its full-year retail sales forecast to a double-digit fall instead of single-digit growth.It urged the government… Read more

Italian fashion industry exceeds its 2019 export level

The Italian market, which slowed down during the summer after strong growth in the first and second quarters, rebounded in the fall, with a particularly dynamic November (+31.4%), as it… Read more