Prolonged JLR Shutdown Threatens UK Export Targets The recent shutdown of Jaguar Land Rover (JLR) due to a cyberattack orchestrated by the Scattered Lapsus Hunters has sent shockwaves through the automotive industry and raised concerns about the potential impact on the UK’s export targets. This attack, which has been linked to previous ransomware campaigns against […]
Lululemon’s Elusive Recovery Prompts Seven Analyst Cuts in a Day
Lululemon’s Elusive Recovery Prompts Seven Analyst Cuts in a Day Lululemon Athletica Inc., the renowned athletic apparel company, recently faced a significant setback as its shares plummeted to their lowest level since the onset of the pandemic. The catalyst for this downturn was the company’s decision to slash its outlook for both the third quarter […]
India’s Higher Clothing Tax Threatens Setback for Global Fashion Brands
India’s Higher Clothing Tax Threatens Setback for Global Fashion Brands India, known for its vibrant colors, intricate designs, and rich textiles, has long been a hub for the global fashion industry. However, a recent consumer tax reform in the country is sending ripples of concern through the fashion world. The Indian government has decided to […]
How Ulta Beauty Is Finding Growth in a Slowdown
Ulta Beauty’s Strategic Turnaround: Navigating a Beauty Slowdown Ulta Beauty, a powerhouse in the beauty retail industry, has been making waves with its strategic turnaround plan dubbed “Ulta Beauty Unleashed.” This initiative comes at a critical time when the beauty sector faced a significant slowdown in the first half of the year. Despite the challenging […]
Kohl’s Jumps on Outlook Boost in Sign of Consumer Resilience
Kohl’s Jumps on Outlook Boost in Sign of Consumer Resilience Kohl’s Corporation, the American department store retail chain, has recently experienced a significant upturn in its outlook, signaling a positive shift in consumer resilience. This boost comes on the heels of a report by Bloomberg, indicating that the retailer had sought an extension from its […]
Walmart Slumps on Rare Profit Miss, Citing Higher Claims
Walmart Slumps on Rare Profit Miss, Citing Higher Claims Walmart, the renowned retail giant, recently experienced a rare profit miss, triggering a slump in its stock value. The company cited higher claims as the primary factor contributing to this unexpected financial outcome. While a profit miss is often a cause for concern among investors and […]
US Retail Sales Beat Expectations in June
US Retail Sales Beat Expectations in June In a surprising turn of events, US retail sales soared by 0.6 percent in June, surpassing expectations and signaling a positive trend in consumer spending. This increase was partly attributed to higher prices across various sectors, with apparel leading the gains at an impressive 2.4 percent. The rise […]
The Debrief | Fashion Braces for Impact As Trump Tariffs Returns
Fashion Braces for Impact As Trump Tariffs Return The global fashion industry is once again at a crossroads as the specter of Trump-era tariffs reemerges, sending shockwaves through apparel prices and supply chains. With brands now forced to play defense in the face of this new challenge, the landscape of fashion is set to undergo […]
Higher Clothing Prices Are Officially Here
Higher Clothing Prices Are Officially Here The recent report from the US Bureau of Labor Statistics has sent ripples through the fashion industry – apparel prices are on the rise for the first time in months. This increase comes hot on the heels of President Donald Trump’s announcement of tariffs, leaving many consumers and retailers […]
M&S eyes full online recovery by august after cyberattack
M&S Strategizes for Full Online Recovery Following Cyberattack In the fast-paced world of e-commerce, even retail giants like M&S are not immune to cyber threats. A recent cyberattack on M&S resulted in a significant blow to the company, with customer data breaches and supply chain disruptions causing a major setback. However, true to form, M&S […]