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Rising prices inhibit retailers' ability to discount: Analysis: Clothing discounts set for snip as costs rise From: Reuters Just as recession battered consumers are trickling back to malls, clothes makers in the United States face a tough choice. Squeezed by ballooning raw material, labor and freight costs, manufacturers from Nike ...

Department stores explore fast fashion: Should department stores play the fast fashion card? Allowing smaller retailers to act as drawcards at big shopping centres has worked overseas and it could just do the same here. Sears, a US retailer with more than 900 stores, and Matsuzakaya, a Japanese retailer with eight, ...

Israeli exports to China witness rapid growth: Israeli exports to China witness rapid growth From: Xinhua Israel s exports to China jumped from the 11th to the 5th by the first half of 2010, showed by the latest figures from Israel's Export and International Cooperation Institute on Sunday. According to the figures, Israel ...

Mergers reduce China s central SOEs to 123: Mergers reduce China s central SOEs to 123 From: Xinhua The number of China s centrally-administered state-owned enterprises (SOEs) was reduced to 123, from 125, after two mergers were approved by the State Council, the country s Cabinet, the state-assets manager said last ...

Finance Ministry offers $73 mln to help mudslide victims in NW China: Finance Ministry offers $73 mln to help mudslide victims in NW China From: Xinhua China s Ministry of Finance (MOF) announced Sunday that it had allocated 500 million yuan (73 million U.S. dollars) in emergency aid to fund rescue efforts following devastating mudslides in ...

Brands may be missing online opportunities: Note to Brands: Stop Ignoring Online Shoppers Ever walk into the high-energy atmosphere of a Niketown or the chic, glass-and-aluminum sanctum of an Apple Store? As you enter these retail spaces, chances are you feel an immediate bond with the brand. If so, it s no accident. What ...

Nielsen: E-commerce will lead retail growth: Little chains can fight back with technology, service The economy has battered small and medium-size retailers, and research giant the Nielsen Co. has more bad news. Nielsen forecasts that supercenters and e-commerce will gain five share points in consumer spending by 2015. The ...

High-end retailers turn to outlets to generate missing revenue: Tony Retailers Hope Outlets Fuel Sales Chief executives of high-end department stores are betting on off-price outlets to generate growth, even as they curb discounts at their main stores. Luxury CEOs dislike heavily discounting their regular merchandise it erodes profit margins ...

U.S. July retail sales grow at slower-than-expected pace: Sales Were Sluggish in July for Retailers The second half of the year is off to a slow start for retailers, who reported Thursday that sales at stores open at least a year were weaker than expected in July, increasing 2.9 percent from July of last year, according to a tally by ...

Experts: UK prices could rise more than 5%: High Street prices 'to rise five per cent or more' High Street prices are set to go up next month as retailers hit by higher manufacturing costs and an impending rise in VAT pass on increases to shoppers. Retailers have faced a volley of costs that experts say could mean a rise ...

UK retailers to play a key role in government plan to cut emissions: High street stores to advise government on energy and emissions M&S, Tesco, B&Q and HSBC to guide Whitehall towards 10% energy and greenhouse gas cuts this year After the easyCouncil and John Lewis local authority, comes the Marks & Spencer ministry. The high-street giant, along ...

China's July PMI for non-manufacturing sector rises to 60.1%: China's July PMI for non-manufacturing sector rises to 60.1% The Purchasing Managers Index (PMI) for China s non-manufacturing sector rose to 60.1 percent in July, up 2.7 percentage points from the previous month, the China Federation of Logistics and Purchasing (CFLP) said on ...

China mulls law to cap prices in monopoly industries: China mulls law to cap prices in monopoly industries From: Xinhua China s government could take powers to cap the prices of monopolized goods and services, according to a draft regulation issued Monday. The Legislative Affairs Office of the State Council of China said the draft ...

China s building materials industry expands despite property cooling moves: China s building materials industry expands despite property cooling moves From: Xinhua China s building materials industry continued to expand in the first half, despite government attempts to cool the speculative housing market, the Ministry of Industry and Information ...

China s auto sales up 17% year-on-year in July: China s auto sales up 17% year-on-year in July From: Xinhua Retail sales of China-made autos rose 17.18 percent year on year to 1.056 million units in July, the China Automotive Technology and Research Center said in a statement Monday. July sales were down 6.7 percent from June, ...

China cuts tariffs for civilian high-tech projects: China cuts tariffs for civilian high-tech projects From: China Daily China has scrapped tariffs and value-added taxes on core equipment, components, and raw materials imported and used in civilian high-tech projects since July 15, according to a circular of the Ministry of ...

China H1 energy use per unit of GDP rises 0.09%: China H1 energy use per unit of GDP rises 0.09% Chinese energy consumption per unit of gross domestic product (GDP) rose 0.09 percent year on year in the first half of the year, the National Bureau of Statistics (NBS) said Tuesday. First-half energy consumption per unit of ...

SAFE: China to continue efforts to crack down on hot money inflows: SAFE: China to continue efforts to crack down on hot money inflows From: Xinhua China s foreign exchange regulator Wednesday pledged to continue efforts to manage illegal capital inflows in the second half of the year. In a statement on its website, the State Administration of ...

Hong Kong Tourism Reaches Record Level: Hong Kong Tourism Reaches Record Level The Hong Kong Tourism Board has reported that the number of tourist arrivals in the SAR hit a record 16.86 million in the first half of 2010 up 23.1% from the previous year. The report adds that in June a total of 2.62 million tourists ...

Sales of home appliances to rural areas grow steadily in July: Sales of home appliances to rural areas grow steadily in July Sales of home appliance to rural areas in July totaled 6.749 million units, hitting 16.01 billion yuan, up by 58% and 82% year on year respectively. The top three in terms of sales value were: refrigerator (6.73 ...

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Bill Gates talks nuclear: Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

China offers inspirations to global dilemmas: BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...

Merck to put $1.5b in R&D: Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

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IMF chief warns of risks to recovery: DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

China's farm product pricing plan shifts to market orientation: The Number One Document also proposed a new pricing plan for China's ...

Chinese investors look to overseas opportunities: SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

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Retailer's Net Profit Falls 3%: A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

Gaming Firms Find Going Tough: Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...

Boeing Wins Biggest Order of US$26b: A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

Lucrative golf industry lures stiff competition: Two models stand beside golf equipment and bags at a recent golf ...

Li Na wins French Open women's singles title: History-making tennis legend Li Na notched the first-ever grand slam ...

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