Target may be next in the crosshairs after Charleston bags Walmart July 22, 2020 Walmart is investing in a $220 million project to build a new distribution center near the Port of Charleston, SC which could draw 70,000 containers per year to the port. So far Charleston has only been a small part of Walmart’s logistics process with the port representing 3.7% of Walmart’s U.... Read more →
J.C. Penney, PVH accelerate Vietnam apparel imports as demand slides April 28, 2020 Vietnamese apparel manufacturers may struggle as demand for clothing declines in key markets due to retail store closures linked to the coronavirus pandemic. The reopening of manufacturing in competing countries such as Bangladesh may also cut Vietnamese exports. U.S. imports from Vietnam and ... Read more →
PVH, VF Corp. could prosper from a U.S.-Kenya trade deal March 24, 2020 The U.S. government plans to start negotiations with Kenya to formulate a free-trade deal which could be a template for its dealings with the rest of Africa. The U.S. merchandise trade deficit with Kenya stood at $317 million in 2019. While it fell 7.8% year over year in the three months to Ja... Read more →
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