Nike To Reduce Reliance On China For US Market: Reports
The report notes that the company is looking to optimise its sourcing mix and allocate production differently across countries
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Consumer
consumer
E-commerce & Marketplaces
Economy
Trade
India To Benefit From US Crackdown On Chinese Ecommerce Shipments: Report
- by BW Retail World Bureau
- April 16, 2025
The report states that starting 2 May, Chinese ecommerce shipments under USD 800 to the US will face a steep 120 per cent import duty, ending their duty-free entry.
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consumer
E-commerce & Marketplaces
Economy
Amazon Scales Back Product Orders From China After Tariffs: Reports
- by BW Retail World Bureau
- April 10, 2025
The reports state that orders for beach chairs, scooters and air conditioners, among others have been affected
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Electronics
News
Apple Smartphone Shipments Drop 10% In Q1 2024, Samsung Reclaims Top Spot
- by BW Retail World Bureau
- April 15, 2024
In the first quarter of 2024, Apple experienced a decline of approximately 10 per cent in smartphone shipments, as revealed by data from research firm IDC. This setback was attributed to heightened competition from Android smartphone manufacturers vying for the top position. While global smartphone shipments increased by 7.8 per cent to reach 289.4 million […]
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Pegatron Hands Over India iPhone Plant To Tata In Major Apple Supply Chain Shift
- by BW Retail World Bureau
- April 10, 2024
Pegatron is reportedly in advanced discussions to transfer control of its sole iPhone manufacturing facility in India to the Tata Group, news agency Reuters reported citing two sources. This development signifies Pegatron’s latest move to scale back its partnership with Apple. As part of the proposed deal, which has Apple’s approval, Tata intends to hold […]
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Indian Rice Exporters Hit With Duty Demands, Threatening Shipments
- by BW Retail World Bureau
- March 27, 2024
Indian rice exporters have been issued notices by the customs department demanding payment of duty differentials on rice shipments made over the past 18 months, the news agency Reuters reported citing sources. This unusual tax demand has the potential to severely impact rice exports from India, it said. India, the world’s largest rice exporter, implemented […]
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Xiaomi Aims To Redefine Electric Vehicles With Sleek SU7 EV
- by BW Retail World Bureau
- March 26, 2024
Xiaomi CEO Lei Jun revealed the company’s highly anticipated electric vehicle, the SU7, with bold aspirations to redefine the segment. The SU7 aims to stand out as the “best looking, easiest to drive and smartest car” in its category, marking Xiaomi’s entry into the competitive electric vehicle market. Priced below 500,000 yuan (USD 69,424), the […]
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India Becomes Top 3 Smartphone Exporter To US, Shipments Surge 350%
- by BW Retail World Bureau
- March 18, 2024
India’s smartphone exports to the US surged to $3.53 billion in the April-December period of the current fiscal year, a significant increase from $998 million during the same period last year, as per data from the commerce ministry. This boost in outbound shipments has propelled India’s smartphone market share to 7.76 per cent in April-December […]
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India’s Diamond Industry Faces Multi-Year Low As Exports Slump 25-30%
- by BW Retail World Bureau
- March 7, 2024
India’s diamond industry faces a big setback as the country’s cut and polished diamond (CPD) exports are projected to decrease by 25-30 per cent in the current fiscal year. A report from Care Ratings highlighted that this decline is expected to lead to a multi-year low in export earnings, with estimates ranging between USD 15-16 […]
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Apple iPhone 15 Sales Slump In China, Major Retailers Slash Prices Again
- by BW Retail World Bureau
- March 1, 2024
Major Chinese third-party retailers, JD.com, TMall and Pinduoduo are vying for consumers by giving even steeper discounts on Apple’s iPhone 15 just five months after its introduction, as the US tech company’s sales in China stagnate. The newest round of reductions follows similar hefty discounts provided by internet businesses in October. Third-party shops are also […]