British online fashion retailer Asos is well-placed to cope with the fallout from US tariffs, it said on Thursday, and while it was too early …
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Tariff
Hermès Hikes Prices to Cover US Tariff Risk
France’s Hermès will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted …
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff
Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products like makeup brushes and home appliances …
Worldview | Panic Grips Asia’s Factories Despite US Tariff Pause
This week’s round-up of global markets fashion business news also features the impact of Trump’s tariffs on Middle East manufacturers, Chinese duty-free stocks and Sao …
LVMH Sales to Test Luxury Investors’ Nerves After Tariff Pain
Europe’s luxury-goods stocks have had a turbulent start to the year, giving investors plenty to consider heading into first-quarter results from sector bellwether LVMH. The …
How Made-in-America Brands Turn Tariff Turmoil Into Opportunity
When US President Donald Trump announced an onslaught of retaliatory tariffs earlier this month, it sent the fashion industry into a tailspin. But for Bayard …
Chinese Duty-Free Stocks Surge on Boost From Tariff Tensions
Shares of Chinese companies operating duty-free stores jumped on expectation that pricing of their goods may become more competitive than mainstream retailers after sweeping tariffs. …
Trump Tariff Shock Stings Bangladesh, Sri Lanka Garment Giants, May Help India
Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of US President Donald Trump slapping a 37 percent tariff on his country’s …
Trump Considering Revoking Tariff Exemptions for Cheap Shipments From China, Source Says
The Trump administration is considering revoking tariff exemptions for low-value shipments from China, known as “de minimis,” as part of Wednesday’s tariff announcement, a source …
Lululemon Tumbles as Tariff Uncertainty, Weak Demand Hit Forecasts
Lululemon Athletica shares fell nearly 13 percent in premarket trading on Friday, after the sportswear maker provided downbeat annual forecasts as the broader apparel space …
UK Splits With EU by Opting Against Snap Tariff Retaliation
The UK reaffirmed its commitment to US trade talks as British exports were swept up in President Donald Trump’s global steel and aluminium tariffs, breaking …
Worldview: Trump’s Next Tariff Targets Could Be India, Brazil and Korea
🌎 India, Brazil and South Korea under threat from Trump’s tariffs. Donald Trump’s chaotic approach to tariff policy may be akin to a “psychodrama,” as …
Adidas Sets Cautious Tone for 2025 Outlook, Flags Tariff Risk
Germany’s Adidas forecast a lower than expected operating profit for 2025, anticipating sales growth will slow slightly from a strong 2024, and flagged increased volatility …
Trump Puts Spotlight on Korea for ‘Higher-Than-China’ Tariff
President Donald Trump pointed to South Korea as a country with more unfair tariffs against American products than China, while slamming the handing out of …
Trump Stirs Tariff Pot With Fresh Threats on EU and a Feb 1 Deadline for China
US President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10 percent punitive duty …
Shein and Temu Are Skirting Tariff Costs, US Lawmakers Say
People shop on popular online retailers like Shein and Temu because the prices are low. So low, in fact, that the companies don’t have to …