Falling plane values, e-commerce rise fuels boom in converting passenger planes to freighters
That has created a huge opportunity for passenger-to-freighter (P2F) conversion companies, including Singapore Technologies (ST) Engineering Ltd, Israel Aerospace Industries (IAI) and U.S.-based Aeronautical Engineers Inc.Aviation analytics firm…
Asian-Americans’ buying power up 257% since 2000
Asian-Americans thrive in an increasingly digital world and their proclivity toward everything digital affects their viewing habits and purchasing preferences, says the Nielsen report called Asian-Americans: Digital Lives…
Macy’s introduces new diversity plan
The new vision is centered on key focus areas within the company’s customer base, marketing, colleagues, suppliers and community. “Our mission is to embed D&I [Diversity & Inclusion] into…
Nylstar introduces Meryl recycled yarns using Invista
Invista sources post-industrial nylon 6.6 material from its plant in Kingston, Canada, where fibres for airbags and carpets are produced. Through its proprietary process, Invista converts post-industrial fibre…
More people are familiar with resale in 2022, Gen Z interest up the most- RealReal report
The annual report is powered by data from the world’s largest online marketplace for authenticated, resale luxury goods, backed by more than 28 million members and more than…
Queen Elizabeth’s favourite brands face losing royal warrant
Fortnum and Mason teas, Burberry raincoats, Cadbury chocolate and even broomstick and dog food manufacturers are among those facing the loss of royal prestige.If they do not gain…
Ethiopia- a minimum wage level being evaluated
A set minimum wage would not necessarily be the ideal solution, according to IndustriAll. The organisation cited the cases of Cambodia and Bangladesh, where the introduction of a…
Think-tank report on Uighur labour in China lists global brands including Nike and Gap
The Australian Strategic Policy Institute (ASPI) report, which cited government documents and local media reports, identified a network of at least 27 factories in nine Chinese provinces where…
Zara owner wants to sell more European fashion in Middle America’s malls
The days when European retailers mostly focused their expansion on the East Coast and California appear to be over. More are now pushing further into the center of…