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 […]