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 […]
Boris Bidjan Saberi Is Shutting Down Operations
Boris Bidjan Saberi Is Shutting Down Operations In a surprising turn of events, the eponymous Barcelona-based avant-garde menswear label, Boris Bidjan Saberi, has confirmed that it has ceased operations. This news has sent shockwaves through the fashion industry, leaving many wondering about the reasons behind this unexpected decision. Boris Bidjan Saberi, known for its distinctive […]
TSMC threatens to scale back Arizona fabs over US chip tariffs
TSMC Considers Scaling Back Arizona Fabs Due to US Chip Tariffs Taiwan Semiconductor Manufacturing Company (TSMC), a global leader in semiconductor manufacturing, has recently voiced concerns about potentially scaling back its ambitious $165 billion investment plan in Arizona. This decision comes as a response to the looming threat of import taxes on chips, a move […]
Hoka, Uggs Owner Deckers Declines to Provide Fiscal Outlook Due to Tariff Uncertainty
Deckers, the parent company of popular shoe brands like Hoka One One and UGG, has been making strides in the footwear industry with a 6.5 percent increase in net sales in the first quarter of this fiscal year. The surge in sales can be attributed to the growing demand for Hoka footwear, known for its […]
This Week: Is Burberry’s Turnaround a Go?
Is Burberry’s Turnaround Finally Gaining Momentum? Burberry, the iconic British luxury brand, has been on a mission to revive its image and regain its position at the top of the fashion world. After facing several challenges in recent years, from changing consumer preferences to the economic impact of the pandemic, Burberry is now gearing up […]