Swiss Watch Exports Surge in April Amid Looming US Tariffs Swiss watch exports to the US experienced a notable upswing in April, propelled by a surge in shipments preceding the looming threat of tariff increases. The timepiece industry, renowned for its precision, craftsmanship, and timeless appeal, has been navigating challenges amidst the global economic landscape. […]
Massive cargo ship runs aground in Norway after officer falls asleep at helm
Massive Cargo Ship Runs Aground in Norway After Officer Falls Asleep at Helm In what can be termed as a bizarre incident, a Norwegian man woke up to a situation straight out of a nightmare. A massive cargo ship, the Eemslift Hendrika, found itself in distress off the coast of Norway after the officer on […]
This Week: Liberation Day’s Long Tail
This Week: Liberation Day’s Long Tail As the business world continues to navigate the complexities of global trade, recent developments have shed light on the potential for positive changes in the retail industry. With more retailers releasing their earnings reports, a common thread has emerged – the hope for countries to follow in China’s footsteps […]
The Tactics Small Brands Are Using to Navigate Tariffs
Navigating Tariffs: Strategies Small Brands Are Using to Overcome Global Trade Uncertainty In the current landscape of global trade uncertainty, small independent brands with a solid customer base in the United States are facing unprecedented challenges. The imposition of tariffs on various goods has forced these businesses to reassess their approaches to pricing, production, warehousing, […]
The Tariff-Proof International Expansion Playbook
The Tariff-Proof International Expansion Playbook In the ever-changing landscape of global trade, the specter of tariffs looms large, casting a shadow of uncertainty over businesses that rely on international supply chains. As the impact of tariffs on the industry sets in, a few American brands are taking proactive steps to mitigate risks and explore new […]
Temu, Shein See US Sales Drop in Week After Tariff Price Hikes
Temu and Shein Experience Decline in US Sales Following Tariff Price Increases Fashion retail giants Temu and Shein have recently faced a significant setback in the US market. According to the latest reports, Shein witnessed a notable 23 percent decline in US sales, while Temu experienced a 17 percent drop during the week spanning from […]
Italian Fashion Group OTB Assessing Extent of Price Hikes in US
Italian Fashion Group OTB Assessing Extent of Price Hikes in US Italian fashion conglomerate OTB, the proud owner of iconic brands such as Diesel, Jil Sander, and Maison Margiela, is currently in the midst of evaluating the potential impact of looming trade tariffs on its US market prices. CEO Ubaldo Minelli recently disclosed this strategic […]
Shein’s London IPO Stalled Amid US Tariff Fallout
Shein’s London IPO Stalled Amid US Tariff Fallout Shein, the fast-fashion giant known for its trendy and affordable clothing, has hit a roadblock in its plans to go public. Progress on the company’s initial public offering (IPO) for a listing in London has come to a halt, according to a report by Bloomberg. The reason […]
Temu, Shein Slash Digital Ads as Tariffs End Cheap Shipping From China
Temu, Shein Slash Digital Ads as Tariffs End Cheap Shipping From China With the recent changes in tariffs affecting cheap shipping from China, e-commerce giants Temu and Shein have made a strategic shift in their advertising strategies. Known as two of the biggest advertisers on US social media platforms, these companies are now reevaluating their […]
Apple’s $2 billion iPhone airlift from India dodges Trump’s tariffs
Apple’s $2 Billion iPhone Airlift from India Dodges Trump’s Tariffs In a bold and strategic move, tech giant Apple recently orchestrated a high-stakes operation involving the airlifting of a staggering 600 tons of iPhones from India to the United States. The urgency behind this massive logistical endeavor stemmed from the looming threat of tariffs imposed […]