Ssense: What Went Wrong The once-promising Montréal-based company, Ssense, has recently made headlines for all the wrong reasons. The decision to file for bankruptcy protection has left many industry insiders questioning what went awry for the online retailer. While tariffs may have been the immediate cause of this downfall, it seems that the problems run […]
Is Now the Moment for $160 Lipstick? Louis Vuitton Hopes So
Is Now the Moment for $160 Lipstick? Louis Vuitton Hopes So Louis Vuitton, the iconic fashion house, has recently made a bold move by unveiling its debut cosmetics line, including a $160 lipstick. This decision has sparked a heated debate within the beauty community about the boundaries of pricing in the industry. The question on […]
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty The Swiss watch industry is renowned for its precision, craftsmanship, and timeless elegance. However, recent geopolitical developments have thrown a curveball at one of the biggest players in the market – the Swatch Group. With the imposition of a hefty 39 percent tariff on Swiss-made products by the […]
Why Salomon-Owner Amer Sports’ IPO Fell Short
Why Salomon-Owner Amer Sports’ IPO Fell Short In the realm of fashion and sportswear, the initial public offering (IPO) of Amer Sports, the owner of Salomon, Arc’teryx, and Wilson, did not meet the anticipated success. Despite discounting its listing, the company faced challenges in the tepid US IPO market, joining the ranks of other major […]
Retailer Temu’s Daily US Users Halve Following End of ‘De Minimis’ Loophole
Retailer Temu’s Daily US Users Halve Following End of ‘De Minimis’ Loophole The landscape of e-commerce is in a state of constant flux, with regulations and loopholes playing a significant role in shaping the way businesses operate. The recent closure of the ‘De Minimis’ loophole has had a profound impact on the US-based users of […]
LVMH Has Room to Raise Prices 2-3%, LVMH Deputy CEO Says
LVMH Has Room to Raise Prices 2-3%, LVMH Deputy CEO Says In the dynamic world of luxury goods, pricing strategies play a crucial role in maintaining brand exclusivity and driving profitability. Recently, Deputy CEO Stephane Bianchi of LVMH, the renowned luxury conglomerate, made an intriguing statement regarding the company’s pricing power. Bianchi expressed confidence that […]
Global Retailers’ Tariff Strategy Risks Spreading Pain Beyond US Consumer
Global Retailers’ Tariff Strategy Risks Spreading Pain Beyond US Consumer The recent wave of tariffs imposed on imports by the United States has sent shockwaves through the global retail industry. With brands like Birkenstock and Pandora considering raising prices in markets outside the US to offset the impact of these tariffs, the implications of this […]
Shein Lowers Prices to Lure Back US Shoppers After Tariff Cut
Shein Slashes Prices to Win Back US Shoppers Post Tariff Reduction Shein, the Chinese fast-fashion giant, has taken a strategic step to win back its US customers by lowering its retail prices. This decision comes on the heels of a temporary reduction in US tariffs on Chinese imports, allowing Shein to pass on the cost […]
Tariff tensions flare over Amazon price display
Tariff Tensions Flare Over Amazon Price Display The recent escalation of tariff tensions is sending shockwaves through the business world, particularly in the realm of online retail. Amazon, the e-commerce giant, finds itself at the center of this storm as experts warn that tariffs could drive inflation as companies adjust prices and outlooks. The impact […]
Shein Hikes US Prices Ahead of Tariff Increases
Shein Hikes US Prices Ahead of Tariff Increases Shein, the popular online fashion retailer known for its trendy and affordable clothing options, has recently made a bold move by increasing prices for its products in the United States. This strategic decision comes ahead of anticipated tariff increases, aiming to offset potential financial impacts and maintain […]