Some companies are merging to help offset tariff costs while others go private to weather the remaining years of his presidency outside of the public market.
Some companies are merging to help offset tariff costs while others go private to weather the remaining years of his presidency outside of the public market.
Swiss watch exports tumbled in August as Chinese demand remained weak and stiff US tariffs went into effect.
Swiss watch exports tumbled in August as Chinese demand remained weak and stiff US tariffs went into effect.
This week’s round-up of global markets fashion business news also features Korean factories in Haiti, Nepal’s retail disruption and Mexico’s stand on Chinese footwear.
This week’s round-up of global markets fashion business news also features Korean factories in Haiti, Nepal’s retail disruption and Mexico’s stand on Chinese footwear.
At an event in New York, Tadashi Yanai said it’s the US that could suffer most from the economic impact of its global trade war.
At an event in New York, Tadashi Yanai said it’s the US that could suffer most from the economic impact of its global trade war.
The Swiss watch company plans to increase prices in the US between 5 percent and 15 percent, depending on the brand, because of the new US tariff.
The Swiss watch company plans to increase prices in the US between 5 percent and 15 percent, depending on the brand, because of the new US tariff.
The Swiss watchmaker has launched the ‘what if…tariffs?’ watch with reversed numbers three and nine, mocking the 39 percent tariffs imposed by the US on Swiss imports.
The Swiss watchmaker has launched the ‘what if…tariffs?’ watch with reversed numbers three and nine, mocking the 39 percent tariffs imposed by the US on Swiss imports.
The watchmaker hosted the US president for the men’s championship weeks after the White House implemented a 39 percent tariff on Swiss goods.
The watchmaker hosted the US president for the men’s championship weeks after the White House implemented a 39 percent tariff on Swiss goods.
High tariffs have long tempted affluent travellers to sneak luxury goods, from French gowns to Swiss watches, past customs. Trump’s tariffs could push them to try again.
High tariffs have long tempted affluent travellers to sneak luxury goods, from French gowns to Swiss watches, past customs. Trump’s tariffs could push them to try again.
India’s consumer tax reform is raising duties on apparel priced above $29, unsettling global and domestic fashion players who warn higher costs could affect demand.
India’s consumer tax reform is raising duties on apparel priced above $29, unsettling global and domestic fashion players who warn higher costs could affect demand.
Consumer spending is projected to see its steepest decline since the pandemic, as consumers, especially Gen Z, reduce discretionary purchases due to economic uncertainty and inflation.
Consumer spending is projected to see its steepest decline since the pandemic, as consumers, especially Gen Z, reduce discretionary purchases due to economic uncertainty and inflation.
The watch retailer’s shares surged following strong trading in the first half of the fiscal year and minimal tariff impact.
The watch retailer’s shares surged following strong trading in the first half of the fiscal year and minimal tariff impact.
The Trump administration has ended duty-free imports for packages under $800, known as the de minimis exemption, likely leading to higher costs for US consumers as businesses increase prices.
The Trump administration has ended duty-free imports for packages under $800, known as the de minimis exemption, likely leading to higher costs for US consumers as businesses increase prices.
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.
The company, which also owns brands Nude by Nature and Poni, also announced its new global headquarters and chief marketing officer.
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.