Apparel Industry

The global apparel industry has been left reeling from the impact of the Coronavirus pandemic as supply chains have been disrupted, trade has dwindled to near-stagnancy, and sentiments have flared, claiming this may be the fulcrum for a new anti-consumerism culture. In McKinsey & Company’s State of Fashion 2020, it was estimated from a survey […]

Coupled with artificial intelligence and the internet of things, automation has become a key necessity in the 4th industrial revolution, automating complex processes which were once only possible through humans. And as the tides change throughout the world with the new developments in technology and remaking of global supply chains due to the US China […]

Where We’re At and What It Means In 2017 the US trade deficit with China was $375.6 billion, which is also its biggest trade partner. The US currently has a total $3.9 trillion dollar debt of which China owns 29%, or $1.138 trillion, and US President Trump wants to fix the balance of power China […]