Trump’s Tariffs Send Beauty Industry Into Crisis Mode The beauty industry is known for its resilience in the face of challenges, but the recent implementation of high tariffs on key import sources by the Trump administration has sent shockwaves through the sector. With major beauty powerhouses like South Korea and France being heavily impacted by […]
Walmart Keeps Price Pressure on Suppliers After Beijing Pushback
Walmart Keeps Price Pressure on Suppliers After Beijing Pushback In the realm of retail giants, Walmart has long been known for its aggressive pricing strategies that have shaped consumer expectations and industry standards. The world’s largest retailer is no stranger to pushing suppliers to lower their prices in order to offer the best deals to […]
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, […]
The Debrief | Can Farfetch Be Fixed?
The Debrief | Can Farfetch Be Fixed? Farfetch, the online luxury fashion platform, has been a prominent player in the e-commerce industry for quite some time. However, recent changes in ownership have sparked discussions about the company’s future and its potential for revival. Executive Editor Brian Baskin and Senior Correspondent Sheena Butler-Young recently sat down […]
US Clothing Prices Fall in January
US Clothing Prices Fall in January In a surprising turn of events, the latest reports indicate that clothing prices in the United States have taken a downward plunge in January. This unexpected shift comes at a time when prices for all goods have been on the rise, making the decline in apparel costs even more […]
Fixing Luxury’s Value for Money Problem
As luxury brands continue to flourish, they face a critical juncture where their value proposition is under intense scrutiny. The COVID-19 pandemic brought unprecedented demand for luxury goods, which many brands capitalized on by increasing prices drastically. While these brands thrive in revenue growth, they encounter a pressing need to rethink their approach toward creativity, […]