Under Armour Forecasts Downbeat Second-Quarter Sales Under Armour, the Maryland-based sportswear maker, is facing yet another challenge as it forecasts downbeat second-quarter sales. The company has been grappling with a decline in demand over the past two years, and its efforts to revive the business have been further hampered by the Trump administration’s shifting tariff […]
Anker raises prices amid rising US tariffs
Anker Raises Prices Amid Rising US Tariffs The recent escalation in US tariffs on Chinese goods has sent shockwaves through the tech industry, with renowned electronics brand Anker being one of the first to feel the impact. Facing a staggering 145% increase in tariffs, Anker has made the tough decision to raise prices on its […]
Retail stocks slump after tariff shock
Retail Giants Take a Hit as Nike Stock Plummets Over 6% Due to Tariff Targeting Chinese and Vietnamese Goods In the fast-paced world of retail, even the most established companies are not immune to sudden market shifts. Recently, retail stocks took a significant hit as tariffs zeroed in on products manufactured in China and Vietnam, […]