Call Us Today! 86.20.8968 8055|henry@ihenrybag.com

Bag industry news

/Bag industry news

Bag Industry Supply Chain Gets Hard Hits by Chinese Government’s Stricter Environmental Norms

Pollution has been one of the matter of concern of the environmental issues in China. In an attempt to reduce the pollution, government has made the decision to enforce stricter regulations. As a result of which from November 28th, 2016 the Chinese State Council made an important policy for environmental protection by banning and/or renovating [...]

By | 2016-12-24T17:04:38+08:00 December 20th, 2016|Categories: Bag industry news|

Bad News for the ‘Underground Banking System’ In China.

In 2016, China has uncovered over 1 trillion yuan ($148 billion) worth of illegal transactions by underground banks. This move was taken in order to foster healthy development of the country’s foreign exchange market and remove the illegitimate money remittances. Further it said that the State Administration of Foreign Exchange (SAFE) will step up investigations [...]

By | 2016-12-24T17:04:38+08:00 December 14th, 2016|Categories: Bag industry news|

Raw Material Price Reaches The Highest in Last 8 Years for the Luggage Manufacturing Industry

  In November 2016, China's currency fell to its lowest in nearly eight years as dollar jumped after US election[1]. The Chinese Yuan weakening coupled with other global scenarios will affect China's domestic market with greater fluctuations in raw material prices which is a bigger concern for manufacturers. For our luggage manufacturing industry which includes [...]

By | 2016-12-24T17:04:38+08:00 December 7th, 2016|Categories: Bag industry news|

Embrace the change from market as part of a global supply chain

Under Armour has outsold Adidas in the US market as the second largest sport brand following Nike. Our company has been the supplier of one of the named sport brand for years and they also have the feeling that a better solution to improve the supply chain to embrace this competitive market which need suppliers [...]

By | 2016-12-24T17:04:39+08:00 April 23rd, 2016|Categories: Bag industry news|