Top UK Rolex Seller Rises as Outlook Eases Concern Over Tariffs The UK’s leading Rolex seller is making waves in the luxury watch market as its shares surged on the back of robust trading performance in the first half of the fiscal year. With minimal tariff impact, the outlook for the company is looking brighter […]
Gap Drops After Tariffs’ Tolls and Athleta Weigh on Performance
Gap Drops After Tariffs’ Tolls and Athleta Weigh on Performance The retail industry is a battlefield where companies strive to stay ahead of the curve, but even the giants can stumble. San Francisco-based Gap Inc. is feeling the heat as tariffs take their toll and Athleta struggles to find its footing, causing a drop in […]
Trump warns US could ‘destroy China’ over magnet exports, threatens 200% tariffÂ
Trump Warns US Could ‘Destroy China’ Over Magnet Exports, Threatens 200% Tariff U.S. President Donald Trump warned on Monday that his administration could impose steep tariffs on magnet exports from China, escalating tensions between the two economic powerhouses. The threat of a 200% tariff on these crucial components highlights the growing trade war and geopolitical […]
US and EU strike new trade agreement
US and EU Reach New Trade Agreement: Car Tariffs to be Slashed in Exchange for Reduced Barriers In a significant development that promises to reshape the landscape of transatlantic trade, the United States and the European Union have come to a pivotal agreement. The deal, which hinges on mutual concessions, signals a breakthrough in the […]
Consumer Resilience to Be Tested as Tariff-Fuelled Price Increases Brew
Consumer Resilience to Be Tested as Tariff-Fuelled Price Increases Brew US retailers remain bullish on the resilience of US consumers, a sentiment that could soon be put to the test as tariff-fuelled price hikes increasingly show up on shelves. In the ever-competitive retail landscape, consumer resilience has been a key factor that has buoyed many […]
Swiss Watch Exports Bounce Back in July Ahead of US Tariffs
Swiss Watch Exports Surge in July Amid Impending US Tariffs Swiss watch exports experienced a significant uptick in July as manufacturers ramped up shipments to the United States in anticipation of looming trade tariffs. This surge comes at a crucial time for the industry, which has been grappling with lackluster global demand attributed to factors […]
Estée Lauder Forecasts Lower Profits on Tariff Impact, Full-Year Sales Decline 8%
Estée Lauder Faces Challenges as Profits Forecasted Below Expectations American beauty powerhouse Estée Lauder recently announced that its 2026 profits are expected to fall below the projections set by Wall Street. This revelation comes alongside the report of yet another year of sales decline for the renowned cosmetics company. The news sent ripples through 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 […]
Crocs Shares Slump 30% Amid Tariffs and Decline of ‘Ugly Shoe’ Trend
Crocs Shares Slump 30% Amid Tariffs and Decline of ‘Ugly Shoe’ Trend Crocs, the iconic foam footwear maker, recently sent shockwaves through the market as its shares plummeted by a staggering 30%. This significant drop came in the wake of the company’s prediction that revenues could decline by as much as 11% in the current […]
The RealReal Posts Record Quarterly Revenue, Raises Annual Forecast
The RealReal Soars with Record Quarterly Revenue and Increased Annual Forecast The luxury resale platform, The RealReal, is making waves in the fashion industry once again as it recently announced record-breaking quarterly revenue. The company’s stellar performance has not only caught the attention of investors but has also solidified its position as a leader in […]