A Closer Look at SHEIN, Temu, and Inditex

A Closer Look at SHEIN, Temu, and Inditex

The French Senate has approved a new legislation that puts strict rules on ultra-fast fashion brands like SHEIN and Temu. This bill bans ads for brands that harm the environment and fines those that don’t follow sustainability rules. The goal is to push the fashion industry toward more eco-friendly practices with lower carbon footprint, aiming…

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Cargo business of Hong Kong’s Cathay ‘set for sharp decline amid Trump tariffs’

Cargo business of Hong Kong’s Cathay ‘set for sharp decline amid Trump tariffs’

Hong Kong flag carrier Cathay Pacific Airways’ cargo business faces declining China-US e-commerce volumes, rising chartered flight cancellations and falling freight spot rates, but full-year profits could be cushioned by lower jet fuel costs, according to a research report. The report, which was published by HSBC on Wednesday, also said the company’s cargo business would…

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Explainer | What Hongkongers should expect with official end of ‘de minimis’ exemption by US

Explainer | What Hongkongers should expect with official end of ‘de minimis’ exemption by US

Washington ended the “de minimis” exemption for mainland China and Hong Kong on Friday, which had allowed products valued at US$800 or below to be shipped to the United States duty-free. While there are indications Washington and Beijing are moving towards easing their tit-for-tat tariff war, businesses in Hong Kong and the mainland have already…

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