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We’ve aggregated 1,350 of Apparel Resources’s headlines and news stories over the past 3 months.

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Top Apparel Resources News

Retail sales rose at healthy pace last month in latest sign of US economy's health

Jerome Powell · United States

Retail sales rose at healthy pace last month in latest sign of US economy's health

37% Center coverage: 38 sources

Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season.Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October's 0.5% gain. Sales jumped 2.6% at auto dealers, driving most of the gain. Some of that demand likely reflected a need for new cars in parts of the southeast slammed by Hurricane Helene in October, as well as healthy incentives provided by car dealers. Big discounts at many retail chains also attracted some consumers. See the Story

India’s November merchandise trade deficit widens to $37.84 billion

Narendra Modi · India

India’s November merchandise trade deficit widens to $37.84 billion

50% Right coverage: 6 sources

NEW DELHI (Reuters) -India’s merchandise trade deficit in November stood at $37.84 billion, according to a Reuters calculation based on export and import data released by the government on Monday. Economists had expected the country’s November trade deficit to be $23.9 billion, according to a Reuters poll. India’s merchandise exports increased by 2.17% year-on-year in the April to November period, the government data showed, while imports rose a…See the Story

Alibaba to sell mall chain for $1 billion as part of latest overhaul

Stock Markets · China

Alibaba to sell mall chain for $1 billion as part of latest overhaul

75% Center coverage: 4 sources

Alibaba Group on Tuesday said it would sell its department store arm, Intime, to textiles and clothing enterprise Youngor Fashion for gross proceeds of 7.4 billion yuan ($1.02 billion).($1 = 7.2841 Chinese yuan renminbi)See the Story

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