Today's news in brief-18/2/25

Retail Sector

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Today's news in brief-18/2/25

Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China and increasing tariffs. Executive chairman Donald Tang reassured investors in a letter, emphasizing the company’s ability to offer affordable fashion and lifestyle products. Tang also expressed support for de minimis reform, which prioritises American consumers, and highlighted investments in supply…

Catering Today

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Today’s news in brief - 18/02/25

The BBPA has called for urgent government action as nearly 300 pubs closed in 2024 – an equivalent of six a week and more than 4,500 job losses alone. The regions that suffered the most were London at 1%, followed by the East Midlands and West Midlands, with 0.9% closures. Over the last five years, there were more than 2,250 pub closures, with the number of pubs falling from 47,613 at the start of 2019 to 45,345 at the start of 2024.   Costa Cof…

voakorea.com

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VOA Korean Flagship News Program 'News Today', Part 3 broadcast on February 18, 2025. The U.S. government criticized North Korea's nuclear and missile threats and said it is working closely with its allies, including South Korea and Japan. South Korea strongly condemned North Korea for sending troops to Russia at the UN Security Council meeting. North Korea released a statement opposing the joint statement issued by the foreign ministers of Sout…