Major Ecommerce Firms Compete in Growing Secondhand Market

Major Ecommerce Firms Compete in Growing Secondhand Market

E-commerce giants are increasingly investing in the secondhand market, signaling the rise of sustainable consumption. eBay is reshaping its core business, and fast-fashion brands like SHEIN and Zara are also entering the space. The markets for secondhand apparel, sneakers, and furniture show significant potential, but profitability remains a challenge. Cross-border sellers should seize this opportunity by selecting appropriate product categories, establishing reliable supply chains, providing professional services, and embracing sustainable development principles. The secondhand market presents a promising avenue for growth within the evolving e-commerce landscape.

China Implements New Textile Export Rules for Knitted Apparel

China Implements New Textile Export Rules for Knitted Apparel

Updates to the automatic licensing catalog for textile exports clarify the scope of automatic licensing for knitted apparel, including men's and women's suits, casual wear, trousers, shorts, shirts, T-shirts, underwear, and sportswear. This measure aims to regulate trade order and enhance industry competitiveness. It is not a trade barrier, but rather simplifies customs clearance procedures to create a more convenient trading environment for businesses and promote high-quality development in the textile industry.

West Bank Imposes New Tariffs on Knitted Apparel Exports

West Bank Imposes New Tariffs on Knitted Apparel Exports

The West Bank has adjusted export tariffs on textiles, imposing duties on knitted or crocheted apparel, impacting businesses' export costs. To address these challenges, companies should optimize product structures, explore diversified markets, strengthen cost control, and seek policy support. These measures are crucial for achieving transformation, upgrading, and high-quality development in the face of the changing trade landscape. Businesses must adapt to maintain competitiveness and ensure sustainable growth despite the increased export costs associated with the new tariffs.

Swiss Retail Rebounds in Q3 on Strong Apparel Sales

Swiss Retail Rebounds in Q3 on Strong Apparel Sales

The Swiss e-commerce market rebounded in the third quarter, with retail sales increasing by 5%. The fashion sector performed particularly well, driven by a surge in demand for warm clothing. However, the economic outlook remains uncertain due to persistent inflationary pressures. Retailers need to closely monitor market developments and adapt their business strategies accordingly to navigate the challenges and capitalize on opportunities in the evolving landscape.

Nigerias Fashion Market Booms on Jumia for Womens Apparel

Nigerias Fashion Market Booms on Jumia for Womens Apparel

This article provides an in-depth analysis of best-selling trends in women's fashion on Jumia Nigeria, covering clothing, footwear, accessories, wigs, and bags. It offers product selection strategies and marketing recommendations tailored to the Nigerian market, aiming to help sellers tap into the African 'she-economy'. The analysis considers the specific characteristics of the Nigerian market to guide sellers in making informed decisions regarding product offerings and promotional activities on the Jumia platform.

WCO Revises Trade Rules for Alcohol Powder Apparel Sets

WCO Revises Trade Rules for Alcohol Powder Apparel Sets

The 56th session of the Harmonized System Committee (HSC) of the World Customs Organization (WCO) released the latest commodity classification decisions, covering goods such as powdered alcohol, two-piece suits, and children's carriers. These decisions aim to provide clearer commodity classification criteria for international trade, reduce trade risks, improve customs clearance efficiency, and lower trade costs. They offer guidance for consistent application of the Harmonized System, facilitating smoother and more predictable global trade flows.

Retailers Adapt Strategies to Tackle High Apparel Return Rates

Retailers Adapt Strategies to Tackle High Apparel Return Rates

Amazon clothing sellers face a significant challenge with high return rates, particularly the substantial losses from unsellable returns. This article delves into the current state of high return rates in the clothing category and provides practical tips to reduce the unsellable return rate. These include using zipper bags, spare labels, and frosted packaging. The aim is to help sellers improve operational efficiency and increase profit margins by minimizing losses associated with damaged or unusable returned clothing items.

Under Armour Shifts to Leaner Strategy in Apparel Market

Under Armour Shifts to Leaner Strategy in Apparel Market

Under Armour is undergoing a transformation aimed at overcoming challenges after rapid expansion by streamlining operations, optimizing its supply chain, developing direct-to-consumer (DTC) channels, and refining financial management. The company is working to reduce costs, improve efficiency, and reshape brand competitiveness with a data-driven and consumer-centric strategy to achieve sustainable growth. This involves focusing on consumer insights and leveraging data to inform product development and marketing efforts.

Apparel Brands Adapt Strategies for Chinas Double 11 Sales

Apparel Brands Adapt Strategies for Chinas Double 11 Sales

This article delves into the key strategies for apparel brands to break through during the Double 11 shopping festival, emphasizing the importance of timing, location, and people. It details a three-step strategy: brand trendsetting, content seeding and conversion, and omni-channel execution. The article also offers two shortcuts to gain a competitive edge: focusing on autumn new arrivals aligned with three major trends, and implementing refined operations for both traffic and platforms. The aim is to help apparel brands stand out in the fierce market competition and achieve sustainable growth.

Sunrei Tech Hits 210M Revenue in Functional Apparel Niche

Sunrei Tech Hits 210M Revenue in Functional Apparel Niche

Shangrui Technology in Dongguan specializes in functional apparel, generating annual revenue of 1.5 billion RMB. The company precisely targets outdoor sports and low-temperature work populations, demonstrating that niche demands can unlock significant potential. Focusing on specialized needs within the clothing market allows Shangrui to thrive in cross-border e-commerce by catering to specific consumer groups seeking performance-driven garments. Their success highlights the value of identifying and serving underserved segments within the broader apparel industry.