11-18 -2024
The Impact of Indonesia's Steel Product Quota System on China's Steel Exports

Indonesia has implemented an import quota system for steel products since 2023, which restricts the exports of Chinese companies, especially for metal household products starting with tax code 7323. As a result, Foshan Ever Rising Trading Company Limited has faced significant challenges in the Indonesian market, with major customers discontinuing cooperation due to the inability to obtain quotas. This policy has a profound impact on China's steel exports, prompting companies to seek market diversification, product upgrading and innovation to cope with the risk. The Company will proactively adjust its strategy and expand into new markets in order to maintain its global competitiveness and achieve sound long-term development.

11-04 -2024
Pepco Group breaks through adversity with solid growth amid supply chain crisis

Pepco Group achieves solid growth amidst supply chain crisis. The Group delivered a significant financial performance despite the challenges of ongoing supply chain disruptions, in particular the impact of the Suez Canal shipping disruptions extending into 2024, which led to challenges in the timely availability of store stock.The strong performance of the Pepco Group was driven by its store expansion strategy, including, among other things, the opening of 64 new stores in a given quarter. Group sales are expected to reach a high level, in line with previous forecasts.Andy Bond, Pepco Group Executive Chairman, expressed his satisfaction with the Group's performance, noting the positive progress made in rebuilding profitability in the core Pepco business in Central and Eastern Europe.

10-30 -2024
UK retail giant WHSmith plans to expand shop-in-shop operations for Christmas Fer House

Pre-tax profits at UK gift retailer WHSmith Group rose slightly as travel sales continued to soar.

10-25 -2024
Industrial technology innovation never stops

The 15th China International Aviation and Aerospace Exhibition (Airshow China) will be held in Zhuhai from November 12 to 17, 2024 . Zhuhai International Airshow Center is adjacent to the east side of Zhuhai Airport, open to professional visitors from November 12 to 14, and open to general visitors from November 15 to 17. the Zhuhai Airshow serves as a celebration of China's rapid industrial progress. From aviation to civilian industries like kitchen product manufacturing, the nation has come a long way, and its dedication to innovation and automation is paying dividends. FOSHAN EVER RISING is just one example of how Chinese factories are embracing these changes to stay competitive in the global market.

10-23 -2024
U.S. Holiday Season Online Shopping Expected to Grow 7 to 9 Percent

With most Americans planning to spend less during the holiday season than last year due to inflation and high interest rates, e-commerce sales will remain strong as consumers continue to use online transactions to maximize savings.

10-18 -2024
In a sad exit, Kmart closes its last full-size store in the continental U.S! Fer House

Kmart, the former discount giant that once operated more than 2,000 stores in the U.S., is closing its one remaining full-size store in the continental United States. The Kmart store, located in Bridgehampton, N.Y., will reportedly close its doors on October 20th.

10-09 -2024
Steel prices continued their overall downward trend from the end of August to the beginning of September

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.

10-07 -2024
Ross exceeds expectations, adds home furnishings purchases to expand merchandise lines

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.

09-24 -2024
AI technology revolutionizes the foreign trade exports and helps companies enhance their competitiveness

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.

09-20 -2024
Ace opens 5,000th shop in Q2, plans to add 200 more

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.

09-26 -2024
Global shipping price shock, Shipping giants urgently adjusted capacity before the “Golden Week”

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.

09-13 -2024
Tesco holds on to top spot in list of UK's top 10 retail supermarket chains

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.

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