Vietnam's textile and garment exports (excluding yarn and fibre) increased by 8.9 per cent YoY, reaching $27.34 billion from January to September, while yarn exports rose slightly by 0.1 per cent. The US remained the largest market for garments, and China led in yarn imports. Vietnam's cotton imports grew by 2.3 per cent. Despite growth, the...

E-commerce will be one of the key drivers of US industrial real estate in both the near and long term, and in addition to such firms’ growth, big-box retailers continue to push into the sector, a CommercialEdge report said. The national industrial space vacancy rate was 6.7 per cent in August, up by 30 bps month on month, whereas 369.3 million sq...

Global goods trade is projected to see a 2.7-per cent rise in 2024, a bit up from the previous estimate of 2.6 per cent, and a 3-per cent rise in 2025, an updated WTO forecast said. Europe is likely to see a drop of 1.4 per cent in export volumes in 2024; imports will drop by 2.3 per cent. Export volumes in Asia may rise by 7.4 per cent and in...

India’s air cargo volumes are projected to grow by 9-11 per cent YoY to 3.6-3.7 million tonnes in FY25, supported by 11-13 per cent expansion in international and 4-6 per cent growth in domestic cargo, ICRA said. ICRA’s outlook on India’s airport infrastructure is stable. The credit profile of airport operators is projected to be strong, backed...

Sixty-one per cent of European consumers said a lenient returns policy significantly or moderately influences their buying decisions, a Blue Yonder survey found. Of consumers who are aware of stricter returns policies, 52 per cent stated that tighter returns policies are deterring them from buying. Fifty-one per cent cited incorrect sizing as...

Seventy per cent of Americans plan to shop on Black Friday and Cyber Week sales, with 55 per cent participating in Amazon Prime Big Deal Days. Most shoppers focus on personal purchases during these events. Additionally, 58 per cent see fall and winter sales as a chance to complete holiday shopping, 46 per cent target specific items, and 40 per cent...