Trade-War Woes: Montreal-Based Pantyhose Maker SRTX Furloughs 40% of Staff The impact of trade wars on businesses is becoming increasingly evident, with Montreal-based pantyhose maker SRTX being the latest casualty. The threat of new US tariffs has compelled the company to take drastic measures, placing over a third of its workforce on leave. This decision […]
Luxury’s China Priorities in the Year of the Snake
Luxury Brands Facing Challenges in China Market in the Year of the Snake The allure of the Chinese market for luxury brands is undeniable. With its growing middle class and increasing disposable income, China has been a key focus for many luxury brands looking to expand their global reach. However, the Year of the Snake […]
Trump Stirs Tariff Pot With Fresh Threats on EU and a Feb 1 Deadline for China
Trump’s Tariff Threats Shake Global Markets US President Donald Trump has once again sent shockwaves through the global economy with his recent threats of imposing tariffs on both the European Union and China. In a move that has left many world leaders and economists on edge, Trump announced his administration’s plans to levy punitive duties […]