UK’s JD Sports Sees Decline in Sales Amid US Tariff Concerns UK-based sportswear giant JD Sports recently found itself facing a challenging start to the year as it reported a 2 percent drop in first-quarter sales. This unexpected decline has raised concerns not only within the company but also across the retail industry as a […]
Shein to Set up Huge Vietnam Warehouse in US Tariff Hedge, Reuters Reports
Shein to Set up Huge Vietnam Warehouse in US Tariff Hedge, Reuters Reports The global retail landscape is constantly shifting, with companies adapting to the ever-changing environment in novel ways. One such company making strategic moves is Shein, the fast-fashion e-tailer that has taken the fashion world by storm. In a bid to mitigate the […]
Jeweller Pandora Trims 2025 Profitability Guidance, Warns of US Tariff Impact
Pandora, the renowned jeweler known for its exquisite charm bracelets, has recently made headlines by adjusting its profitability guidance for the year 2025. The company, which has been a staple in the jewelry industry for years, is now expecting a profit margin of around 24 percent, a slight decrease from its initial estimate of 24.5 […]
AMD faces a $1.5 billion loss from US chip curbs
AMD Faces a $1.5 Billion Loss from US Chip Curbs Advanced Micro Devices (AMD) has found itself in the crosshairs of US tariffs targeting its China chip sales, potentially leading to a substantial $1.5 billion loss for the company. The semiconductor giant has been navigating choppy waters due to geopolitical tensions and trade restrictions, which […]
Shein and Temu Ramp up Advertising in UK and France As US Tariffs Hit
Shein and Temu Increase Digital Ad Spending in UK and France Amidst US Tariffs The global fashion e-commerce giants, Shein and Temu, have recently made strategic shifts in their advertising strategies in response to the impact of US tariffs. With a notable decrease in digital ad spending in the US, both companies are ramping up […]
Hugo Boss Posts Q1 Beat, Reiterates 2025 Outlook
Hugo Boss Surpasses Q1 Expectations and Stays Firm on 2025 Vision German luxury fashion house Hugo Boss recently made headlines by exceeding expectations in its first-quarter results and reaffirming its long-term outlook for 2025. Despite concerns over US tariffs and economic uncertainties, the renowned brand has demonstrated resilience and confidence in its strategic direction. In […]
Shein’s London IPO Stalled Amid US Tariff Fallout
Shein’s London IPO Stalled Amid US Tariff Fallout Shein, the fast-fashion giant known for its trendy and affordable clothing, has hit a roadblock in its plans to go public. Progress on the company’s initial public offering (IPO) for a listing in London has come to a halt, according to a report by Bloomberg. The reason […]
How Brands Are Selling Higher Prices to Their Customers
Balancing Act: How Brands Navigate Selling Higher Prices Amid US Tariffs In today’s global market, the impact of US tariffs is creating waves of uncertainty for brands worldwide. As prices rise due to these economic shifts, companies are faced with the challenge of selling products at higher prices without losing their customer base. The key […]
South Korea’s $23B chip industry boost in response to global trade war
South Korea’s $23 Billion Chip Industry Boost: Navigating Global Trade Wars South Korea, a technological powerhouse renowned for its cutting-edge innovations, is gearing up to fortify its position in the global semiconductor market. With a staggering $23 billion investment in its chip industry, South Korea is strategically maneuvering to counter the impacts of the ongoing […]
Worldview | Panic Grips Asia’s Factories Despite US Tariff Pause
Panic Grips Asia’s Factories Despite US Tariff Pause As the world of global markets continues to shift and evolve, recent events have sent shockwaves through Asia’s manufacturing sector. Despite a temporary pause on US tariffs by the Trump administration, factories across Asia are still reeling from the uncertainty and potential economic fallout. This week’s round-up […]