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 […]
Trump’s Impact on Fashion Takes Shape
Trump’s Impact on Fashion Takes Shape The recent actions and statements made by US President-elect Donald Trump have sent shockwaves across various industries, including fashion. With a focus on trade policies, diversity, and consumer sentiment, Trump’s impact on the fashion world is beginning to take shape. One of the key areas where Trump’s influence is […]
Amazon Prime Day Sales Plunge 41% in First Day of Four-Day Event
Amazon Prime Day Sales Plunge 41% in First Day of Four-Day Event Amazon Prime Day, the highly anticipated annual event known for its massive sales and deals, kicked off to a surprising start this year. The e-commerce giant saw a significant 41% plunge in sales during the first day of the four-day event, leaving both […]
Nike’s Declining Brand Heat, in Five Charts
Nike’s Declining Brand Heat: Analyzing the Impact in Five Charts Nike, the global sportswear giant, has long been a powerhouse in the industry, setting trends and driving cultural conversations with its innovative designs and marketing strategies. However, recent data trends suggest that the brand’s once red-hot status may be cooling off. In particular, Nike’s hottest […]
What the Israel-Iran Conflict Could Mean for Fashion
The Impact of Israel-Iran Conflict on the Fashion Industry The Israel-Iran conflict has been a longstanding geopolitical issue that has far-reaching implications across various sectors. While a ceasefire may be in place, the tensions in the Middle East continue to threaten shipping, supply chains, and consumer sentiment. As the fashion industry relies heavily on the […]
US Consumer Sentiment Jumps as Inflation Expectations Improve
US Consumer Sentiment Surges Amid Improving Inflation Expectations The latest data on US consumer sentiment has brought a wave of optimism as the sentiment gauge recorded its first increase this year. This positive shift is particularly notable as it reflects a decrease in anxiety regarding President Donald Trump’s protectionist trade policy. The improvement in inflation […]
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
Explainer: How Trump’s Tariffs Threaten Luxury Fashion The recent shifts in US trade policy under the Trump administration have sent shockwaves through various industries, and luxury fashion is no exception. While it may seem like increased tariffs won’t significantly impact retail prices immediately, the ripple effects on the global economy and consumer sentiment could pose […]
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market Associated British Foods Plc, the owner of the popular fast-fashion retailer Primark, recently made headlines by lowering its sales growth forecast. The company cited weak UK consumer sentiment as a primary factor contributing to this adjustment, alongside a significant 6.4 percent drop in like-for-like sales during […]