More Vendors Prompt Sweeping Changes to Retail Environment

Late last month, sports equipment company Under Armour announced it was cutting ties with some 2,000 retailers over the next two years.  In doing so, Under Armour would focus on building up its direct-to-consumer business.  Promo Marketing reported a more than 50% growth in Under Armour’s e-commerce business during the third quarter, with a 17% increase in direct-to-consumer sales.

Agri-food Sector – Three European Champions in the Spotlight

The European agricultural world is in crisis, but not all players have been equally affected by events. Certain industry champions are standing up, ensuring the continent’s agricultural resilience and contributing to its present and future food security.

Although consumers might not realise it, the European agriculture sector has faced a torrent of strife and regrettable circumstances in the years since the 2008 recession. Following the sting on exports of Russia’s 2014 agricultural import ban, 2015 saw the dairy industry further thrown into disarray by deregulation, with long-standing quotas and minimum pricing being jettisoned by the European Commission in favour of liberalisation of the market.

New Aerodynamic Forces Study to Increase the Speed of the Aircraft

Scientists regularly turn to the animal world for inspiration, especially when they are working to improve the aerodynamic characteristics of aircraft. European scientists who study aerodynamic forces have discovered several interesting areas of future work, inspired by fish scales. Such structures can reduce the drag of aircraft by as much as 25 percent.

Can India Accelerate Its Future Growth Utilizing Global Value Chains?        

India’s GDP has just dropped by a whopping 24% in the last quarter, one of the biggest drops globally. The core reason for this significant decline was that India had one of the strictest COVID 19 economic lockdowns in the world.

This greatly and negatively affected the livelihoods of millions of Indians. So what can Indians do to repair their economy and increase lost incomes for their millions of citizens? A study has shown almost all countries need to grow and establish new Global Value Chains (GVC). Almost nothing has been proven better to raise incomes and reduce poverty, while requiring very little government involvement or costs.

Indonesia Exports Need a Value Chain Push 

Indonesia is the largest economy in Southeast Asia, both in terms of population (267 million people) and economic size with a GDP of $1.12 Trillion.

Can this archipelago’s future economic growth match demographic youthful transition for the next few years with an average age of their citizens at 30.5 years?  Studies have shown and Indonesia needs to expand their global value chain, as it has been proven to raise incomes and reduce poverty. 

Belarus- Protests Continue, Tens of Thousands Demand Lukashenko Must Go!

Just as it has become kind of a norm in Belarus every weekend, tens of thousands took to the streets today demanding that Lukashenko must step down as the nation’s president. It’s estimated that about 100,000 people took part in today’s demonstrations against President Alexander Lukashenko despite the heavy security deployed by the authorities.