This Week: Fashion’s Back-to-School Dilemma As the summer draws to a close, retailers are gearing up for the back-to-school season, a crucial time for the fashion industry. With an estimated $11 billion at stake, this period can make or break the yearly revenue for many brands and stores. However, this year presents a unique challenge […]
Infosys chairman warns of global risks from tariffs and AI
Navigating the Perfect Storm: Infosys Chairman Warns of Global Risks from Tariffs and AI At the recent Infosys Annual General Meeting (AGM), Chairman Nandan Nilekani delivered a stark warning to global businesses. In his address, Nilekani highlighted the pressing need for companies to navigate what he termed a ‘perfect storm’ of challenges arising from the […]
The ‘Silicon Valleys’ of Beauty Brace for Tariffs
The ‘Silicon Valleys’ of Beauty Brace for Tariffs From Seoul to Melbourne, new cities are emerging as frontrunners in the beauty start-up space. The independent brands created in these hubs are fast becoming hot acquisition targets, but understanding the limits of their global appeal is key. In the realm of beauty and cosmetics, innovation knows […]
Inside Gap’s Last-Ditch, Tariff-Addled Turnaround Push
Inside Gap’s Last-Ditch Effort to Overcome Tariff Challenges The legacy of Gap Inc., an iconic retailer that found its heyday in the ’90s, has been marred by years of struggle and decline. However, hope flickered on the horizon when Richard Dickson took the reins and spearheaded a promising comeback strategy. Just as the company started […]
Elliott-Backed Claire’s Eyes Sale as Tariffs Hit Budget Jeweller
Elliott-Backed Claire’s Eyes Sale as Tariffs Hit Budget Jeweller Claire’s, the popular budget jewelry retailer, is facing a significant financial challenge as it grapples with the impact of tariffs on its business. With a looming $500 million loan due in December 2026, the company has been forced to make tough decisions to ensure its financial […]
Temu US Sales Plunge 25% Amid Tariff Barrage
Temu US Sales Plunge 25% Amid Tariff Barrage In the competitive landscape of retail, companies are constantly battling challenges to maintain their market share and profitability. Recent reports have shown that Temu, a prominent player in the fashion industry, is facing a significant hurdle as its US sales have plummeted by a staggering 25%. This […]
What I’m Looking Forward to at Our Next Executive Roundtable in London
What to Expect at the Upcoming Executive Roundtable in London As the business world continues to navigate through uncertain times, staying informed and connected with industry trends and insights is more crucial than ever. An upcoming event that promises to offer valuable discussions and networking opportunities is the Executive Roundtable in London. Executive Members have […]
Port of LA Imports Drop 19% in May as Tariffs Hit US Businesses
Port of LA Imports Plummet 19% in May Amidst Tariff Turmoil In the realm of global trade, the Port of Los Angeles stands as a bustling gateway through which goods flow in and out of the United States. However, recent statistics have revealed a significant downturn in import activity, with a staggering 19% drop recorded […]
Trump Tariffs Can Stay in Effect Longer, Appeals Court Says
Trump Tariffs Can Stay in Effect Longer, Appeals Court Says In a recent development that can have significant implications for the US economy, the US Court of Appeals has granted an extension for the Trump administration to maintain its tariffs. This decision comes as a win for President Trump, whose administration has been actively pushing […]
China proposes rare earth export relief for EU
China Proposes Rare Earth Export Relief for EU Talks continue over EV tariffs as China signals rare earth concession. In a significant development, China has proposed providing rare earth export relief for the European Union (EU). This move comes amidst ongoing discussions regarding electric vehicle (EV) tariffs between the two entities, showcasing China’s willingness to […]