Shein’s initial strategy involves featuring Indian-manufactured clothing on their US and British e-commerce platforms. (AI image) Shein, in collaboration with Reliance Retail, aims to significantly broaden Indian manufacturing network and start international sales of Shein-branded apparel produced in India within six to 12 months. The e-commerce company, which originated in China but is now based in Singapore, had initiated discussions …
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Carvana, a Used Car Retailer, Thinks Trump’s Tariffs Could be Good for Business
Automakers are worried that President Trump’s tariffs on imported cars and auto parts will soon increase their costs and start eating into profits. But at least one business in the auto industry thinks the tariffs could give it a lift. That company is Carvana, an online retailer of used cars that has gained fame for storing vehicles in distinctive “vending …
Read More »Work-from-home, manufacturing ramp-down at some companies – Times of India
Representative AI image (Credit: Bing image creator) MUMBAI: Amid escalating tensions between India and Pakistan, companies are putting precautionary measures in place to ensure safety of employees and minimise impact on operations.Dabur is operating its factory in Jammu only during the daytime for now and will reassess the situation on Monday before deciding on a further course of action.“We suspended …
Read More »Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move will help U.S. manufacturers that have struggled to compete with a wave of low-cost Chinese products, but it has already resulted in higher prices for Americans who shop online. The loophole, called the de minimis …
Read More »White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’
President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon. Karoline Leavitt, the White House press secretary, came out swinging in her press briefing on Tuesday morning, accusing Amazon of being “hostile and political” after a report — disputed by the company — from Punchbowl News saying …
Read More »“I feel a huge amount of internalized pressure”: Bill Gates-Melinda French Gates’ daughter Phoebe on living with the ‘Gates’ name – The Times of India
Credit: Instagram/@phoebegates Phoebe Gates, the youngest daughter of Microsoft co-founder Bill Gates and philanthropist Melinda French Gates, is stepping into the public eye with a new business venture — and she’s not shying away from talking about the pressure that comes with having one of the world’s most recognizable last names.In a recent interview with The New York Times, Phoebe, …
Read More »How Trump Might Unwittingly Cut Emissions From Online Shopping
Fast-fashion giants like Shein and Temu have been doing booming business in the United States in recent years, in part because of a tariff exemption that’s helped to keep prices low on packages shipped from China. Now, President Trump has ordered the loophole closed as part of new tariffs, starting with packages from China and Hong Kong. It could have …
Read More »As Tariffs Hit, Americans Are Racing to Buy Car Seats, iPhones and Christmas Gifts
Emily Moen, a coffee shop manager in Omaha, was scrolling through TikTok earlier this week when she came across a video informing her that President Trump’s tariffs could lead to higher prices for essential baby products. Ms. Moen, who is 15 weeks pregnant, said that she had not planned to buy a car seat soon. But after watching the video, …
Read More »Amazon Union Push Falls Short at North Carolina Warehouse
Amazon workers voted overwhelmingly against a bid to unionize their North Carolina warehouse, the National Labor Relations Board said on Saturday, the latest setback in labor organizing efforts at the e-commerce giant. Workers at the RDU1 fulfillment center in Garner, outside of Raleigh, voted 2,447 to 829 against unionizing with Carolina Amazonians United for Solidarity and Empowerment, or CAUSE, an …
Read More »Where China’s Exports Begin: Inside the Vast Markets of Guangzhou
Rows of white concrete buildings near the Pearl River in southern China house one of the world’s fastest-growing industries: Gritty workshops are churning out inexpensive clothing that is exported straight to homes and small businesses around the world. No tariffs are paid, and no customs inspections are conducted. The laborers who make these goods earn as little as $5 an …
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