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...Driven by rising costs in China, the US-China trade war and customers’ demands to “de-risk” from China, groups such as Apple suppliers Foxconn and Pegatron are expanding in south-east Asia, India, Mexico...
...The owners of boutique chain CitizenM are currently exploring options including a potential sale, as the group seeks to expand and capitalise on rising demand from travellers....
...“The long-term projections for tourism numbers in Europe suggest that projected supply levels [in the region] will be inadequate to satisfy this demand,” he added....
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...Apple is now trying to diversify its supply chain, relocating parts of its production to countries such as India....
...There is “much more demand than supply”, he said....
...The chain has passed through several changes of ownership over the past two decades....
...These shifts have led some companies to remove the UK from their supply chains....
...The British sportswear chain opened its first five US stores under the JD brand in 2018 following the $560mn purchase of Finish Line....
...The resilience of the Dollar Tree chain allowed the company to trade at a premium to Dollar General throughout much of 2023....
...“A durable return to 2 per cent inflation will likely require demand growing at a more moderate pace this year.”...
...Charted waters There’s been a sharp correction in lithium prices as demand for Chinese electric vehicles slows while production of the battery mineral has come on stream....
...Demand for infrastructure investments is reigniting after a year of weak fundraising, as businesses seek to profit from transitions to cleaner energy and supply chains that are closer to consumers....
...BYD’s move comes as signs of softening demand have emerged in a stumbling economy....
...The demands on corporate legal departments are increasing like never before....
...InterContinental Hotels Group, owner of the Holiday Inn and Crowne Plaza chains, said its performance had normalised after the impact of the pandemic as it reported significant improvements to trading performance...
...In European countries experiencing recessions, demand for express services fell....
...Australian mining billionaire Andrew Forrest has called on China to demand higher environmental standards from its global supply chain, particularly its companies conducting nickel processing in Indonesia...
...As franchise owners are forced to overwork, the chains are turning to automation, including robot floor cleaners and screen avatars that are remotely operated....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...BASF has announced an additional €1bn of cost-cutting at its home site in Ludwigshafen, intensifying a planned downsizing in Germany amid sinking demand and higher energy prices....
...In 2020 and 2021, automakers could not source enough chips to meet consumer demand....
...to customers’ demands by moving production from China to elsewhere in Asia, Mexico and beyond....
...Unlike its two big low-cost rivals, easyJet’s supply of new aircraft has not been hit by supply chain problems....
...Airbus chief executive Guillaume Faury said the European aerospace and defence group was trying to balance resurgent demand from airlines with a supply chain that was a “world of bottlenecks” with a “lot...
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