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 […]
This Week: Tariffs and TikTok, 24/7
This Week: Tariffs and TikTok, 24/7 In the realm of the fashion industry, the spotlight is once again shining on President Trump and his administration as they gear up to implement new tariffs and navigate the intricacies of a potential TikTok sale. After a short break from the chaos of trade wars and tech acquisitions, […]
Saks Needs to Earn Back Brands’ Trust
Saks Needs to Earn Back Brands’ Trust Relations between the owner of Saks, Neiman Marcus, and Bergdorf Goodman and its vendors are at an all-time low. But both sides need each other more than they’d like to admit. The world of luxury retail is built on relationships as much as it is on the products […]