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News
Hong Kong fashion sector's ESG adoption jumps to 46%; buyers pay more
3+ hour, 15+ min ago (336+ words) Nearly half of shoppers were willing to pay at least a 10% premium for ESG products. The share of Hong Kong fashion practitioners sourcing or selling environmental, social, and governance (ESG)-related products and services rose to 46% in 2026, from 33% in 2025, according…...
Southern Europe leads in Chinese e-commerce platform use
16+ hour, 43+ min ago (133+ words) InteriorDaily Chinese e-commerce platforms such as AliExpress, Shein and Temu have gained particularly strong traction among Southern European consumers, according to European Central Bank research © Ron Sumners | Dreamstime The survey found that 52% of euro area consumers had purchased from…...
FBR revises Tier-1 retailer criteria for Tax Year 2027
1+ day, 1+ hour ago (408+ words) Subtitle: Updated sales tax rules set out Tier-1 criteria based on retail chains, shopping centres, electricity bills and turnover thresholds. ISLAMABAD: The Federal Board of Revenue (FBR) has updated the definition of a Tier-1 retailer for Tax Year 2027, setting out…...
Southern Europeans lead in Chinese platform use
1+ day, 17+ hour ago (463+ words) Chinese ecommerce platforms such as AliExpress, Banggood, Shein, and Temu are more popular than average in Southern Europe, according to research by the European Central Bank (ECB). Shoppers are attracted by low prices and a wide product range. This spring,…...
2,250 cartons of fake cigarettes from Singapore seized at Washington airport, says US Customs & Border Protection | The Independent Singapore
1+ day, 19+ hour ago (218+ words) VIRGINIA: The United States Customs and Border Protection said in a statement on Friday (Aug 21) that 2,250 cartons of counterfeit Camel cigarettes had been seized at Washington Dulles International Airport on August 14. The cartons were in a shipment that arrived at…...
Boohoo slapped with €2.3m fine over 'deceptive discounts' in France
1+ day, 22+ hour ago (170+ words) France’s consumer watchdog has issued a €2.3m (£1.96m) fine against Boohoo over deceptive practices such as fake discounts on its website, reports Reuters. By Jade Burke 24 August 2026 France’s Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF) stated that Boohoo exaggerated the…...
Fast-fashion industry: Key facts about Chinese-founded fast-fashion giant Shein
1+ day, 20+ hour ago (642+ words) Shein, the Chinese-founded retailer that harnessed social media to chart a meteoric rise in the global fast-fashion industry, will debut on the Hong Kong stock exchange next month in a long-awaited listing that values the group at close to US…...
China Luxury Sales Plunge Over 10% as Offshore Tax Push Hits Spending
2+ day, 10+ hour ago (557+ words) China’s luxury market weakened further in July after tighter offshore tax enforcement affected spending among wealthy consumers. Sales across the country’s 25 largest luxury brands fell more than 10%, according to three research firms surveyed by Bloomberg. The decline accelerated from June…...
Fake cigarettes worth $404,842 seized in US
4+ day, 1+ hour ago (378+ words) Washington: US customs officers have seized 2,250 cartons of counterfeit Camel cigarettes at Washington Dulles International Airport after becoming suspicious of their unusual markings and circuitous journey from Singapore to Miami. The shipment, valued at $404,842 if the cigarettes had been genuine,…...
Boohoo Slapped With €2.33 Million French Fine Over Fake Discounts and Misleading Labels — BigGo Finance
4+ day, 11+ hour ago (407+ words) France's consumer watchdog has fined British online fashion retailer Boohoo UK €2.33 million ($2.72 million) after an investigation found that the vast majority of promotional offers on its French website were misleading, with shoppers frequently paying more than the advertised reference price…...