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global economy

The 17th ITMF Global Textile Industry Survey showed the business situation in the global textile industry deteriorated in November.

Textile Manufacturers: ‘Logistical Costs Are Not Much of a Concern Anymore’

Once valued at a reported $100 billion in April, more than the market caps of global competitors Inditex and H&M combined, Shein may have shed as much as one-third of its asking price.

‘Overvalued’ Shein Falls From $100 Billion Heights

A waiter prepares a water pipe for a customer at Galata bridge in Istanbul, Turkey, Monday, Sept. 5, 2022. Turkey's annual inflation passed 80% in August, according to official data on Monday, further hitting consumers facing high energy, food and housing costs.

Broad Slowdown Grips Global Economy

Economists see slowing economies worldwide, but no global recession, and that should help with the upcoming holiday selling season

Which Economies Are Flirting With Recession? Week Ahead

With global inflation rates continuing to rise and recession concerns still top of mind across industries, expansion and contraction aren’t the only priorities that need to be established when managing the supply chain.

How Supply Chains Can Hedge Against Inflation

A customer checks price tags while shopping at a retail store in Schaumburg, Ill., Thursday, June 30, 2022.

$846 Billion Gone: Amazon, Walmart, Nike, Target Among Top 25 Retailers Losing Market Cap

The consensus is that global recession risks are on the rise, although if one does occur, it might not be until next year.

Economists Sound Off on Recession Risks

CFOs lowered their assessments of the North American economy and other regional economies too, with many believing debt should be curtailed.

82% of CFOs Think North American Economy Will Be in Worse Shape Next Year

Russia’s invasion has implications not only for Ukraine but also for global oil prices and output—with troubling ramifications for retail.

Russian Ukraine Attack Another Blow to Fragile Economic Recovery

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