China’s Temu and Shein Want to Crack Europe, But the US Is Too Big to Quit Chinese e-commerce giants, Temu and Shein, are setting their sights on expanding into the European market. This strategic move comes in response to the looming threat of potential US tariffs, prompting these companies to explore new territories and diversify […]
Swiss Watch Exports Jump in April Ahead of Threatened US Tariffs
Swiss Watch Exports Surge in April Amid Looming US Tariffs Swiss watch exports to the US experienced a notable upswing in April, propelled by a surge in shipments preceding the looming threat of tariff increases. The timepiece industry, renowned for its precision, craftsmanship, and timeless appeal, has been navigating challenges amidst the global economic landscape. […]
UK’s JD Sports Falls on Lower Sales, US Tariffs Warning
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 […]