US retail inventories hit new heights, and probably caused early transpac peak
In a warning to container shipping lines serving North America that the hitherto strong demand ...
By Alex Lennane
Speed is the new product in retail, it would appear. Uniqlo owner Fast Retailing is trying to live up to its name by shortening the time from design to delivery to less than a fortnight – much the same as successful Spanish retailer Inditex. The Japanese company hopes to see revenue increase by some 70% by 2021. It also plans to open 100 new shops in China and another 100 elsewhere in South-east Asia.
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