Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
Even post-pandemic surging demand for cross-border e-commerce will see freighters dominating air cargo, according to Cainiao.
The Alibaba logistics unit launched its latest freighter route this week: a direct charter flight between Singapore and China’s Hainan Island five times a week.
Home to increasingly popular domestic/tourist destinations of Sanya and Haikou, Hainan is seeing a ’luxury brand shopping boom’ since the government tripled the annual limit for duty-free purchases last July to $15,000.
Sales are up 244% year on year, with February alone ...
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