Fashion Is ‘Tarrif-ied’ of Trump The fashion industry has found itself in a state of uncertainty and turmoil due to the unexpected impact of import duties imposed by the Trump administration. What was initially anticipated to be a minor disruption has turned into a significant challenge for fashion brands and retailers. The repercussions of these […]
Trump’s Tariffs Rock Fashion’s Supply Chain
Trump’s Tariffs Rock Fashion’s Supply Chain The fashion industry is no stranger to disruptions, be it the ever-changing trends or technological advancements. However, the latest shake-up comes not from the runways of Paris or Milan but from the political corridors of Washington. President Trump’s recent announcement of severe import duties has sent shockwaves through the […]
Lululemon Tumbles as Tariff Uncertainty, Weak Demand Hit Forecasts
Lululemon Athletics Faces Stock Plunge Amid Tariff Uncertainty and Weak Demand Lululemon Athletics, the renowned athletic apparel retailer, is experiencing a significant downturn in its stock value. The company recently released downbeat annual forecasts, causing its shares to tumble by almost 13 percent during premarket trading on Friday. This sudden drop has set off alarm […]
Tech investors shift focus to AI adopters over hardware makers
Tech investors have long been captivated by the promises of Artificial Intelligence (AI) and its potential to revolutionize industries across the board. However, a recent shift in focus within the tech investment landscape is seeing investors favoring AI adopters over traditional hardware makers. This shift is driven by a growing recognition that the real value […]
Reimagining Customer Connections Through Digital Product Passports
Reimagining Customer Connections Through Digital Product Passports Over breakfast in Milan, executives from top fashion houses like Kering, Moncler, and Armani gathered to discuss the innovative use of digital product passports in enhancing customer connections. The meeting, organized by Certilogo and Business of Fashion (BoF), highlighted the growing importance of traceability technology in not only […]
Drugmakers focus on AI while awaiting clarity on US tariffs
Drugmakers Turn to AI for Drug Development Amid US Tariff Uncertainty Pharmaceutical executives are increasingly turning to artificial intelligence (AI) to revolutionize the drug development process. In a recent industry gathering, these leaders delved into the promising role of AI in expediting research, enhancing clinical trials, and ultimately bringing life-saving medications to market more efficiently. […]
Expanding Global Trade Opportunities at Istanbul Fashion Connection
Expanding Global Trade Opportunities at Istanbul Fashion Connection In the ever-evolving landscape of global trade, the fashion industry is constantly seeking new opportunities to diversify its supply chain and manufacturing hubs. Geopolitical tensions, rising costs, and sustainability concerns have prompted industry players to explore alternative sourcing destinations. One such hub that is gaining prominence on […]