US 'annual shopping orgy' sees record sales as retailers heavily discount
Once again, US consumers have shrugged off fatigue and kept the retail sector humming, with ...
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The Hong Kong-based company which was a by-word for outsourcing in Asia is in the middle of business restructuring as some of its major customers, such as Walmart, switch to direct souring from Asian manufacturers, and is now looking to develop its branding and distribution arms. Although first-half profits fell way short of forecasts, it said business levels in the second half of the year were picking up.
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