Industry news

In order to serve FOSHAN EVER RISING customers, we actively optimize the product cost, grasp the material price downward, update the price to customers, and strive for market share.

In the midst of fierce competition in the retail industry, Ross Stores Inc has achieved above-expectation growth with its unique business strategy and keen market insight. The department store giant, known for providing cost-effective products, not only continued to consolidate its market position in the apparel sector, but also further broadened its business scope and enhanced its market competitiveness by increasing its purchases of home storage products and expanding its product lines.

This year, shipping prices in the traditional “off-season” against the trend of rising, and in the traditional “peak season” all the way down. Industry insiders pointed out that due to changes in demand and capacity increases, shipping prices are gradually returning to a reasonable range, is expected to fall steadily in the short term, but in China before the Lunar New Year's shipping tide, will also usher in a wave of price increases.

In recent years, the rapid development of artificial intelligence (AI) technology is profoundly changing the field of foreign trade exports. Through applications such as data analysis, market forecasting and supply chain optimization, AI technology helps enterprises accurately grasp the dynamics of the international market and improve decision-making efficiency.

Leading US home improvement chain Ace Hardware reported second-quarter revenues of $2.7bn, up 3.1 per cent year-on-year from $2.6bn last year. The company noted that increases in outdoor power equipment, tools, lawn and garden and barbecues drove the biggest revenue growth. However, retail revenue fell 0.8 per cent year-on-year to $259 million.

The UK retail market has changed dramatically over the past year.2023 At the beginning of 2023, inflation in the UK was at its highest level for over forty years, but as 2024 progresses there are clear signs that the cost of living situation for shoppers is easing.

Group of Tuan-Yi International Furniture City to start "1039 mode" business as a symbol of Shunde District, Foshan City, Lecong town to join the ranks of the pilot market procurement trade mode, Lechon home furnishing from the global expansion of a new channel and practically solves the problems of small and medium-sized enterprises that are difficult to export through the general trade mode.

The RMB exchange rate has continuously strengthened amidst the drastic shocks in the global financial market. The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that the intermediate price of the RMB exchange rate in the inter-bank foreign exchange market on August 6 was RMB 7.1318 per US dollar, an increase of 27 basis points in a single day. Renminbi intermediate price for two consecutive trading days show appreciation trend. On the same day, the onshore yuan against the dollar exchange rate and offshore yuan against the dollar exchange rate were slightly retracement, respectively, around 7.15, 7.14 small fluctuations, the final onshore yuan against the dollar exchange rate closed at 7.1469.

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International Cat Day is a day to celebrate and focus on. It not only gives us the opportunity to express our love and appreciation for cats, but also reminds us to care for and respect the rights and well-being of all animals.