China’s Extended 618 Shopping Festival Fails to Stir Excitement China’s annual 618 Shopping Festival is a much-anticipated event in the world of e-commerce, with major players like JD.com and Alibaba’s Tmall offering huge discounts and promotions to attract consumers. However, this year’s extended festival seems to have failed in generating the usual level of excitement […]
Clothing Retailer Dynamite Raises Prices 9% Amid Trade Tensions
Clothing Retailer Dynamite Raises Prices 9% Amid Trade Tensions In a move that has caught the attention of both fashionistas and economists alike, the popular women’s fast-fashion retailer, Dynamite, has announced a significant price increase of 9%. This bold decision comes amidst escalating trade tensions and a rapidly changing retail landscape. While price adjustments in […]
Shoppers can now let AI find and buy deals
Shoppers Can Now Let AI Find and Buy Deals In a world where time is of the essence and convenience is key, leveraging artificial intelligence to streamline shopping experiences has become increasingly popular. Thanks to advancements in technology, shoppers can now set the rules and let AI do the heavy lifting when it comes to […]
Retailers Pummelled by Trump’s Trade War Entertain More ‘Take-Private’ Offers
Retailers Pummelled by Trump’s Trade War Entertain More ‘Take-Private’ Offers President Trump’s trade war policies have sent shockwaves through the global economy, leaving no industry untouched. In particular, publicly traded retailers have found themselves in the crosshairs of this economic turmoil, grappling with the impact of tariffs and market volatility. As a result, many of […]
Hackers target UK retailers with fake IT calls
Hackers Target UK Retailers with Fake IT Calls In the ever-evolving landscape of cybercrime, hackers are constantly finding new ways to breach systems and steal valuable data. Recently, there has been a concerning trend emerging in the UK, where cyber criminals are targeting retailers with fake IT calls. By using clever impersonation tactics, these hackers […]
As Trump Moves to Tax Small Parcels, Some Retailers Give Up on US
Small Parcels Tax: How Retailers are Adapting to Trump’s Policy Change In recent times, the landscape of international retail has been undergoing significant shifts, largely due to the policies put in place by governments worldwide. One such policy change that has been making waves is the removal of de minimis, a regulation that exempts small […]
Temu and Shein to raise US prices due to new tariffs
Temu and Shein Forced to Increase Prices as US Imposes Up to 145% Tariffs The landscape of retail is undergoing significant shifts as low-cost giants like Temu and Shein are compelled to rethink their pricing strategies in response to the revised US trade rules. The imposition of tariffs reaching up to 145% has sent shockwaves […]
Fashion Is ‘Tarrif-ied’ of Trump
Fashion Is ‘Tarrif-ied’ of Trump The fashion industry has found itself in a state of uncertainty and turmoil due to the unexpected impact of import duties imposed by the Trump administration. What was initially anticipated to be a minor disruption has turned into a significant challenge for fashion brands and retailers. The repercussions of these […]
Sneaker and Apparel Retailers Blindsided by Tariffs on Asian Factory Hubs
Sneaker and Apparel Retailers Caught Off Guard by Tariffs on Asian Factory Hubs In a surprising turn of events, the sneaker and apparel industry faced a significant blow as tariffs were imposed on key Asian factory hubs. The repercussions were immediate and severe, with industry giants like Nike, Adidas, and Puma witnessing a sharp decline […]