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Blue Sky Kids Land fined $5 million for exploiting Chinese workers

Inside Retail

The company previously operated stores in Sydney, NSWs Central Coast, Newcastle and Canberra, according to the Fair Work Ombudsman (FWO). Q Fay Trading, a company operated by Gu and Yang which imported and supplied products to the stores, also received a $44,100 fine. The penalties include a $4.3

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Webjet in legal battle over flight price misrepresentation

Inside Retail

The Australian Competition and Consumer Commission (ACCC) launched the legal action in the Federal Court against Webjet for displaying “flights from $X” statements but omitting its compulsory service fee and booking price guarantee fee in the advertised prices between November 2018 and November 2023.

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Navigating the Tariff Era: A Strategic Roadmap for Retailers

Retail TouchPoints

The Scars of the 2018-2019 U.S.-China China trade war of 2018-2019 offers a cautionary tale about the far-reaching consequences of tariffs. In 2018, more than one-third of apparel imports flowing into the U.S. China Trade War: A Case Study in Disruption The U.S.-China During this period, the U.S.

Apparel 278
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Claire’s Reportedly Exploring Sale as Competition, Tariffs Dampen Business Outlook

Retail TouchPoints

The company has been primarily owned by Elliott Management and Monarch Alternative Capital since its bankruptcy in 2018. Claire’s currently operates nearly 2,000 stores globally, 190 of which are under the Icing banner. Now, bankers at Houlihan Lokey have been engaged to lead a search for potential buyers.

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Mastercard is getting rid of credit card numbers. Cards themselves may be next

Inside Retail

The numbers currently used to identify cards will be replaced with tokenisation and biometric authentication In 2022, Mastercard added biometric options enabling payments to be made with a smile or wave of the hand. Credit card numbers and payment details are often exposed in major data breaches affecting large and small businesses.

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The Knockoff Conundrum: Faux Fashion or Legal Faux Pas?

Retail TouchPoints

Also, counterfeiting operations are often linked to organized crime. In 2018, 22 individuals, including importers, distributors and domestic shippers, were charged by U.S. Legal loopholes : Some countries have weaker intellectual property laws, allowing knockoff manufacturers to operate with minimal consequences.

Fashion 130
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Understanding Amazon Statistics: Insights for Sellers and Marketers

Small Biz Trends

Technology Adoption Cloud Computing: Amazon Web Services (AWS) dominates the cloud computing market, contributing to its overall revenue. E-commerce Innovation Fulfillment Centers: Amazon operates over 175 fulfillment centers globally, streamlining inventory and delivery processes. million 2019 126 million 2018 112.1