Ecommerce Giant Crossborder Tong Struggles Amid Market Decline

Ecommerce Giant Crossborder Tong Struggles Amid Market Decline

Global Top E-commerce's 2021 annual report reveals a significant decline in its hundred-billion-scale export business, shrinking to only 30% of its former size. This article delves into the reasons behind the company's precipitous revenue drop, analyzes the performance of its various subsidiaries, and explores potential paths for self-rescue and transformation. Global Top E-commerce's experience serves as a warning to the broader cross-border e-commerce industry. The investigation highlights the challenges and uncertainties facing companies heavily reliant on export activities within the rapidly evolving global market.

01/04/2026 Logistics Industry Insights
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Russia Shifts to Ruble Settlements As Markets Adapt

Russia Shifts to Ruble Settlements As Markets Adapt

The Russian economy is undergoing a profound transformation, with the rise of RMB settlement and reshaping of the consumer electronics market. Parallel import policies continue, retail trade fluctuates, and trade channels shift. Western companies are withdrawing, exacerbating logistical challenges. Russia is actively responding to these challenges by deepening cooperation with Eastern countries, promoting economic diversification, and pursuing modernization. This involves adapting to new market dynamics and building resilience in the face of external pressures. The focus is on fostering sustainable growth and strengthening its position in the global economy.

01/06/2026 Logistics
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Onward Kashiyamas Wool Line Boosts Sales in Japan

Onward Kashiyamas Wool Line Boosts Sales in Japan

Japanese apparel group Onward Kashiyama successfully promoted its Merino wool knitwear collection across six women's brands in collaboration with The Woolmark Company. The campaign effectively highlighted the quality advantages of Merino wool, integrating online and offline channels to achieve significant sales growth and increased online traffic. This initiative demonstrates the importance of sustainable practices and digital transformation in driving brand growth. The partnership underscored the value of quality materials and innovative marketing strategies in the competitive fashion market, resulting in a successful campaign that boosted brand visibility and customer engagement.

01/06/2026 Logistics Industry Insights
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Fast Fashion Giant Shein Faces Steep Valuation Drop

Fast Fashion Giant Shein Faces Steep Valuation Drop

Chinese cross-border e-commerce giant SHEIN's valuation has plummeted from $100 billion to $64 billion, causing shockwaves in the industry. This article analyzes the triple challenges SHEIN faces, including ESG scrutiny, copyright design issues, and low-price competition from Temu. It also explores the future development direction of SHEIN and the entire fast fashion industry, emphasizing the importance of transformation, upgrading, and embracing sustainable development. The article suggests that adapting to changing consumer demands and addressing ethical concerns are crucial for the long-term viability of SHEIN and similar companies.

01/06/2026 Logistics Industry Insights
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Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood, a well-known cross-border e-commerce seller in Guangzhou, is reportedly requiring employees to take early leave, with only 80% of the minimum wage paid the following month, raising concerns about the survival of cross-border e-commerce. Against the backdrop of a global economic downturn and high inflation, cross-border e-commerce companies face multiple challenges in supply chain and operations, urgently requiring transformation and upgrading. These difficulties highlight the pressures faced by businesses navigating a challenging economic climate and the need for adaptation to ensure long-term sustainability.

01/06/2026 Logistics Industry Insights
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WCO Adopts Disruptive Tech to Modernize Global Trade

WCO Adopts Disruptive Tech to Modernize Global Trade

The World Customs Organization (WCO) Permanent Technical Committee (PTC) acknowledged the “Disruptive Technologies Research Report,” focusing on the application of seven key technologies, including blockchain and artificial intelligence, in customs and border management. The report analyzes the strengths, weaknesses, opportunities, and threats of each technology. It also explores key success factors for innovative customs, data-driven decision-making, smart border construction, and sustainable development. This signals a profound transformation is on the horizon for global trade. The report highlights the potential of these technologies to streamline processes and enhance security.

01/05/2026 Customs Knowledge
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Kohls Streamlines Supply Chain Amid Retail Shifts

Kohls Streamlines Supply Chain Amid Retail Shifts

Kohl's closure of its Ohio e-commerce fulfillment center and subsequent layoffs represent a strategic move to optimize its supply chain and improve operational efficiency. Faced with retail industry transformation, Kohl's is actively addressing challenges by adjusting inventory, investing in its supply chain, and strengthening store fulfillment capabilities, striving to stand out in a competitive market. This strategic adjustment mirrors the broader changes in the retail sector and provides valuable lessons for other companies. It showcases the constant need for adaptation in the face of evolving consumer demands and market pressures.

01/08/2026 Logistics
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Kraft Heinz Adopts AI to Modernize Supply Chain

Kraft Heinz Adopts AI to Modernize Supply Chain

Kraft Heinz is reshaping its supply chain with AI, machine learning, and control tower technology, aiming for end-to-end visibility and efficiency from farm to table. The "Beacon" control tower provides real-time insights, while AI engines optimize production and raw material quality. "PlantChat" empowers employees' decision-making. Kraft Heinz is transitioning from reactive responses to proactive prediction and optimization, setting a benchmark for digital transformation in the food industry. This initiative demonstrates how AI can revolutionize food production and supply chain management for improved efficiency and quality control.

01/08/2026 Logistics Industry Insights
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Anker Leads Crossborder Ecommerce Growth Strategies

Anker Leads Crossborder Ecommerce Growth Strategies

This article delves into the success stories of Anker and Globalegrow, two prominent cross-border e-commerce platforms. It analyzes their strategies in areas like product category selection, brand building, channel distribution, and logistics. The study offers actionable strategies for small and medium-sized cross-border e-commerce enterprises in China, including focusing on niche product categories, expanding sales channels, optimizing logistics, emphasizing brand building, investing in talent development, staying informed about policy changes, and embracing digital transformation. These strategies aim to help these businesses achieve breakthrough growth.

01/04/2026 Logistics Industry Insights
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Shanghai Port Maintains Lead As Worlds Busiest Container Hub

Shanghai Port Maintains Lead As Worlds Busiest Container Hub

Shanghai Port, the world's largest port, plays a pivotal role in the global economy due to its advantageous geographical location, efficient customs clearance processes, extensive shipping network, and comprehensive logistics services. This paper provides an in-depth analysis of Shanghai Port's port codes, operational data, customs procedures, logistics services, and partnerships. It reveals its central position in the global supply chain and showcases its transformation from a 'world's largest port' to a 'world's strongest port'. This analysis highlights Shanghai Port's ongoing development and its increasing influence on international trade and logistics.

12/31/2025 Port Encyclopedia
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