Fashion Is ‘Tarrif-ied’ of Trump The fashion industry has found itself in a state of uncertainty and turmoil due to the unexpected impact of import duties imposed by the Trump administration. What was initially anticipated to be a minor disruption has turned into a significant challenge for fashion brands and retailers. The repercussions of these […]
Chanel Cuts 70 US Jobs Warning of Challenging Luxury Environment
Chanel Cuts 70 US Jobs Warning of Challenging Luxury Environment Luxury fashion house Chanel is making tough decisions in response to the ever-changing economic landscape. The French maison has announced plans to cut 70 jobs in the United States, which accounts for approximately 2.5 percent of its workforce. This move comes as the renowned luxury […]