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 […]
The Debate Over Nike’s CEO Bursts Into the Open
The Debate Over Nike’s CEO Bursts Into the Open Speculation about the chief executive’s future is now happening in the open public as pressure grows on Nike’s management to enact a turnaround — and do it sooner than later. The global sportswear giant, Nike, known for its innovative products and iconic marketing campaigns, is currently […]
How Fashion Brands Should Talk About Inflation
Navigating Inflation: How Fashion Brands Can Address Rising Costs In today’s volatile market, the fashion industry is facing a significant challenge due to the escalating prices of raw materials and persistent supply chain disruptions. These factors are not only impacting companies’ bottom lines but also posing a threat to their profitability and sustainability. As inflation […]
Worldview | Iran’s Fashion Retailers Still Reeling from War
Iran’s Fashion Retailers Still Reeling from War In the ever-changing landscape of global fashion markets, Iran’s fashion retailers are facing significant challenges in the aftermath of the war. Despite the country’s rich history and vibrant culture, the fashion industry in Iran has been struggling to recover from the impact of the conflict. Retailers are grappling […]
Amazon’s Premium Beauty Push May Be a Buffer Against Trump’s Tariffs
Amazon’s Premium Beauty Push May Be a Buffer Against Trump’s Tariffs As Amazon gears up for its highly anticipated Prime Day event, the e-commerce giant is strategically positioning itself to navigate the turbulent waters of trade tariffs imposed by the Trump administration. With a sharp focus on expanding its premium beauty category, Amazon is making […]
Clothing Retailer Dynamite Raises Prices 9% Amid Trade Tensions
Clothing Retailer Dynamite Raises Prices 9% Amid Trade Tensions In a move that has caught the attention of both fashionistas and economists alike, the popular women’s fast-fashion retailer, Dynamite, has announced a significant price increase of 9%. This bold decision comes amidst escalating trade tensions and a rapidly changing retail landscape. While price adjustments in […]
Victoria’s Secret Turnaround Takes Hit on Quarterly Forecast Miss
Victoria’s Secret Turnaround Takes Hit on Quarterly Forecast Miss Victoria’s Secret, the renowned lingerie brand, has been facing a challenging time as it struggles to make a turnaround under the leadership of CEO Hillary Super. Despite her efforts, the company’s first year under her helm has been marred by various external factors that have posed […]