E.l.f. Beauty Announces $1 Price Hike, Citing Inflation and Tariffs E.l.f. Beauty, known for its affordable yet quality makeup products, has recently announced that it will be implementing a $1 price increase across its range of cosmetics starting in August. This decision comes as a response to the challenges posed by inflation and tariffs, which […]
Birkenstock Plans Price Hikes to Offset Tariffs, Sees Strong Demand
Birkenstock Plans Price Hikes to Offset Tariffs, Sees Strong Demand The iconic footwear brand, Birkenstock, is gearing up to implement a strategic move in response to the recent 10% US tariff on EU goods. The company has announced its decision to raise prices on a global scale, a bold strategy aimed at mitigating the impact […]
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 […]
US retailers resist price hikes amid tariff pressures
US Retailers Navigate Turbulent Waters: Resisting Price Hikes Amid Tariff Pressures The world of US retailers is currently facing a formidable challenge: the escalating tariff pressures that threaten profit margins and consumer prices. With the recent trade tensions between the United States and key trading partners, including China, many retailers are feeling the squeeze as […]
Op-Ed | Can Ralph Lauren and Coach Reboot American Luxury?
Op-Ed | Can Ralph Lauren and Coach Reboot American Luxury? In the realm of luxury fashion, European brands have long been considered the epitome of sophistication and status. However, recent developments in the industry have seen a shift in consumer preferences, with many turning away from European luxury giants due to dramatic price hikes. This […]
Shein, Temu, Amazon Haul Set for Price Hikes in the US
Shein, Temu, Amazon Haul Set for Price Hikes in the US The landscape of online shopping is about to undergo a significant shift for US consumers as popular low-cost retailers like Shein, Temu, and Amazon face impending price hikes. This change comes on the heels of President Trump’s decision to terminate a crucial trade loophole […]