Apparel Prices Rose in August Amid Tariff Pressures In the ever-changing landscape of global trade, the apparel industry has recently found itself at the forefront of a significant shift in pricing dynamics. The latest data reveals that in August, apparel prices experienced their most notable increase since February. This surge comes as a direct result […]
The Sustainability Briefing: Is Fashion’s Era of Cheap Thrills Finally Over?
The Sustainability Briefing: Is Fashion’s Era of Cheap Thrills Finally Over? In the ever-changing landscape of the fashion industry, a seismic shift is underway that is set to disrupt the era of cheap thrills. With the US ending all tariff exemptions for low-priced packages and India grappling with hefty new duties for American shipments, the […]
Have Trump’s Tariffs Finally Put an End to Crocs’ 19-Year Reign?
Has Trump’s Tariffs Dealt a Fatal Blow to Crocs’ 19-Year Reign? Crocs, the iconic plastic clog maker, has been a staple in the footwear industry for nearly two decades. Loved by many for their comfort and quirky style, the brand seemed unstoppable. However, recent events have led to a significant downturn for the company. With […]
What Trump’s Latest Tariff Threats Mean for Fashion
Trump’s Latest Tariff Threats: A Game-Changer for Fashion Industry The fashion industry is no stranger to uncertainty. With trends evolving at a rapid pace and consumer preferences constantly changing, fashion brands and retailers are accustomed to navigating through a landscape of unpredictability. However, US President Donald Trump’s latest tariff threats have sent shockwaves through the […]
US Economy Contracts for First Time Since 2022 on Imports Surge
US Economy Contracts for First Time Since 2022 on Imports Surge The US economy, known for its resilience and stability, has hit a stumbling block as it contracted for the first time since 2022. The latest data reveals that the Gross Domestic Product (GDP) of the United States decreased by an annualized 0.3 percent in […]
US exempts key electronics from China import taxes
US Delays Tech Import Taxes Amid Trade Tensions with China In the midst of escalating trade tensions between the United States and China, a recent development has emerged that could potentially ease the strain on the tech industry. The US government has decided to exempt key electronics from import taxes, providing a much-needed respite for […]
US Forges Ahead With 104% Tariffs on China, Says Willing to Talk to Other Countries
US Forges Ahead With 104% Tariffs on China, Says Willing to Talk to Other Countries The trade war between the United States and China has escalated once again, with the US announcing a staggering 104% tariff on certain Chinese goods. This move comes as a bold statement from the Trump Administration, highlighting their commitment to […]
Trump’s Tariffs Rock Fashion’s Supply Chain
Trump’s Tariffs Rock Fashion’s Supply Chain The fashion industry is no stranger to disruptions, be it the ever-changing trends or technological advancements. However, the latest shake-up comes not from the runways of Paris or Milan but from the political corridors of Washington. President Trump’s recent announcement of severe import duties has sent shockwaves through the […]
Worldview: Trade Talks at Ethiopia’s Hub of Africa Fashion Week
Worldview: Trade Talks at Ethiopia’s Hub of Africa Fashion Week Ethiopia, known as the Hub of Africa, is not only a melting pot of diverse cultures and traditions but is also making a mark in the global fashion industry. The recent Africa Fashion Week held in Ethiopia sparked discussions on trade, sustainability, and innovation in […]