Month: August 2024

Drewry WCI has declined for the fifth consecutive week, dropping 2.59 per cent to $5,181 per 40ft container. This marks an 11 per cent decrease from its peak in July 2024 and a 50 per cent decline from the September 2021...

Lululemon Athletica reported a 7 per cent revenue increase in Q2 FY24, reaching $2.4 billion, with international revenue up 29 per cent. Gross profit rose 9 per cent to $1.4 billion, and operating income increased 13 per cent to...

The first batch of equipment and machinery recently arrived at China-Zambia joint venture (JV) Mulungushi Textiles factory in the central Zambian town of Kabwe. The unit, which ceased operations in 2007, will resume production...

ICE cotton prices recovered after a rise in crude oil prices and weather concerns in cotton-growing regions, along with a positive US GDP outlook and increases in agricultural commodities. Despite these gains, US cotton export...