Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers on US social media, are sharply cutting their US digital ad spending, …
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Tariffs
Shein and Temu to Raise Prices in Response to Tariffs
Shein and Temu announced this week that they will raise prices, as the reality of the Trump administration’s efforts to restrict Chinese imports sank in. …
The Debrief | Can Tariffs Really Revive ‘Made in USA’ Fashion?
The author has shared a Podcast.You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: …
China Suppliers Mock Tariffs With Nike, Lululemon Deals on TikTok
TikTok users in the US are being inundated with videos from Chinese influencers encouraging American buyers to overcome punitive Trump tariffs by buying direct from …
Price Hike on Shein? How Trump Tariffs Could Shift the US’s Love of Fast Fashion
After a chaotic week of flip-flopping tariff policies, cheap clothes from China are nearly certain to face a steep price hike soon — prompting concern …
This Week: What’s LVMH’s Take on Tariffs?
What’s Happening: LVMH (Tuesday), Brunello Cucinelli (Wednesday), Moncler (Wednesday) and Hermès (Thursday) will report first-quarter results. They are among the first big fashion companies to …
Trump Sees ‘Transition Problems’ With China Tariffs at 145%
President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified US tariffs on China …
EU Suspends Retaliatory 25% Tariffs on US Goods After Trump U-Turn
The EU has suspended its retaliatory 25 percent tariffs on US goods for 90 days after Donald Trump’s dramatic climbdown in his trade war. The …
Tariffs Won’t Kill Fast Fashion, But They Might Kill Sustainable Fashion
Last Wednesday, Restoration Hardware CEO Gary Friedman was on a call with Wall Street analysts when he asked an associate to share a “live read” …
Prada Nears Approval of Versace Deal Despite Tariffs
Prada SpA is nearing final approval to acquire struggling luxury brand Versace for around €1.25 billion ($1.4 billion) from Capri Holdings Ltd. despite the tariff-induced …
US Imports Set to Fall 20% in Second Half of 2025 on Trump Tariffs, NRF Forecast Shows
Imports into the US could be down at least 20 percent year-over-year in the second half of 2025 due to US President Donald Trump’s sweeping …
Trump’s Tariffs Send Beauty Industry Into Crisis Mode
With US President Donald Trump’s “liberation day” tariffs now in effect, the beauty world has spent the last week in frantic preparation. Brands have been …
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom
The operator of Uniqlo, Japan’s Fast Retailing, is expected to post another quarter of strong earnings on Thursday, but the focus will be on how …
Trump’s Tariffs Send Beauty Industry Into Crisis Mode
With US President Donald Trump’s “liberation day” tariffs now in effect, the beauty world has spent the last week in frantic preparation. Brands have been …
The Debrief | Trump’s Tariffs Change Everything
The author has shared a Podcast.You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: …
Trump Threatens 50% More China Tariffs, Teases Talks With Others
President Donald Trump threatened to slap additional 50 percent import taxes on China, while readying negotiations with Japan and Israel, leaving markets struggling to grasp …
Worldview | Africa’s Garment Factories Raise Alarm Over US Tariffs
This week’s round-up of global markets fashion business news also features the impact of Trump’s tariffs on manufacturers in India and Pakistan, relief among Latin …
Op-Ed | Fashion’s Reset: What Tariffs Are Forcing Us to Finally Fix
Tariffs are forcing fashion to confront a reality it has refused to face — until now. Not because the system was working, but because the …
Trump Threatens 50% More China Tariffs, Teases Talks With Others
President Donald Trump threatened to slap additional 50 percent import taxes on China, while readying negotiations with Japan and Israel, leaving markets struggling to grasp …
Apparel Manufacturing Countries Seek to Negotiate With Trump on Tariffs
Vietnam said it is open to removing all tariffs on US imports on Saturday as it joined a growing list of clothing and footwear manufacturing …