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 […]
Harrods is latest British retailer to be hit by cyber attack
Harrods Faces Cyber Attack: Another Blow to British Retailers In a string of cyber attacks targeting prominent British retailers, luxury department store Harrods has fallen victim to a hacking attempt. This incident comes in the wake of similar attacks on Marks & Spencer and the Co-op group, raising concerns about the vulnerability of the retail […]
Tariff tensions flare over Amazon price display
Tariff Tensions Flare Over Amazon Price Display The recent escalation of tariff tensions is sending shockwaves through the business world, particularly in the realm of online retail. Amazon, the e-commerce giant, finds itself at the center of this storm as experts warn that tariffs could drive inflation as companies adjust prices and outlooks. The impact […]
Il Makiage Parent Raises Full-Year Outlook
Il Makiage Parent Raises Full-Year Outlook The parent company of the popular cosmetics brand Il Makiage, Oddity, has recently made waves in the business world by announcing an optimistic update to its full-year outlook. The company now anticipates that its revenue for the year will fall between $790 million and $798 million, a significant increase […]
Chanel Closes NYC Beauty Concept Boutique
Chanel Closes NYC Beauty Concept Boutique Chanel, the iconic French luxury brand, has recently made headlines in the beauty world with the closure of its Chanel Atelier Beauté shop in New York City. This unique concept boutique, which offered a range of exclusive beauty services, has reportedly been shut down since January 2025, leaving many […]
Primark Committed to US Expansion Despite Tariff Uncertainty, Says Boss
Primark’s Bold Move: 60 US Stores by 2026 Amid Tariff Uncertainty In the realm of fast-fashion retail, Primark has solidified its position as a key player, known for its trendy yet affordable clothing options. Despite the looming uncertainty of tariffs and trade tensions, George Weston, the chief executive of AB Foods – Primark’s parent company […]
Why China’s Gold Jewellers Are the Envy of Global Brands
China’s Gold Jewellers: The Shining Stars in the Luxury Market In the realm of luxury markets, where trends fluctuate and consumer preferences evolve at a breakneck pace, China’s gold jewellers have managed to carve out a unique and enviable position for themselves. Brands such as Laopu Gold and Lao Feng Xiang are not just thriving; […]
US Marine Corps tests unmanned surface vessels to streamline logistics across Indo-Pacific
US Marine Corps Revolutionizes Logistics with Unmanned Surface Vessels in the Indo-Pacific The U.S. Marine Corps is deploying unmanned surface vessels to Japan to streamline logistics across the vast expanse of the Indo-Pacific region. This innovative move marks a significant shift in how the military approaches supply chain management and underscores the growing importance of […]
North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable
North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable In a surprising turn of events, Hudson’s Bay Co. ULC, North America’s oldest company, is facing its end. The company, which had previously announced plans to save six of its 96 stores from liquidation, including its iconic flagship store, has now decided […]
Adidas Earnings Bolstered Again by Retro Sneaker Craze
Adidas Earnings Bolstered Again by Retro Sneaker Craze Adidas, the renowned German sportswear giant, has once again showcased its financial prowess by posting a remarkable operating profit of €610 million ($692 million) in the quarter. This outstanding performance not only surpassed market expectations but also underscored the brand’s ability to leverage the enduring popularity of […]