Weak demand and slimmer retail margins eat into airfreight spend
Concerns over excess inventories at retailers are misplaced: the real issue is weak demand and ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Li & Fung’s director of government affairs certainly struck a committed tone this week in London when he described the efforts to improve garment worker conditions in Bangladesh in the wake of factory disasters in the country, and appeared to give an honest account of why these efforts have been subject to such frustrating delays. In speech to delegates at a Retail Week event, he also commented at length on trends to near-shore garment manufacturing to locations nearer to end markets – it shouldn’t surprise anyone that he was sceptical.
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