Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
tariff
Global Markets
Trump Unleashes a Flurry of Trade Surprises on Eve of Deadline
A 25 percent levy on Indian imports, the promise of deals for Thailand and Cambodia and a rollback on all duty exemptions for small packages were among the last minute announcements.
Trump Unleashes a Flurry of Trade Surprises on Eve of Deadline
A 25 percent levy on Indian imports, the promise of deals for Thailand and Cambodia and a rollback on all duty exemptions for small packages were among the last minute announcements.
Global Markets
Mexico Raises Import Taxes on Online Purchases From Shein, Temu
As pressure mounts from the US, Mexico hikes import taxes on low-cost Chinese e-commerce goods, targeting Chinese retailers such as Shein and Temu.
Mexico Raises Import Taxes on Online Purchases From Shein, Temu
As pressure mounts from the US, Mexico hikes import taxes on low-cost Chinese e-commerce goods, targeting Chinese retailers such as Shein and Temu.
Global Markets
India Braces for Higher US Tariffs, Eyes Broader Trade Deal, Sources Say
As a temporary measure, India anticipates US tariffs between 20-25 percent while broader trade negotiations continue.
India Braces for Higher US Tariffs, Eyes Broader Trade Deal, Sources Say
As a temporary measure, India anticipates US tariffs between 20-25 percent while broader trade negotiations continue.
Luxury
US Tariffs Will Test Luxury’s Pricing Power
European luxury brands have relied on dramatic price increases to fuel profit growth in recent years and may have limited manoeuvring room to raise prices further.
US Tariffs Will Test Luxury’s Pricing Power
European luxury brands have relied on dramatic price increases to fuel profit growth in recent years and may have limited manoeuvring room to raise prices further.
Retail
US and EU Clinch Deal with 15% US Tariff on EU Exports
The duties, set to take effect Aug. 1, will impact major fashion players.
US and EU Clinch Deal with 15% US Tariff on EU Exports
The duties, set to take effect Aug. 1, will impact major fashion players.
Retail
US Retail Sales Beat Expectations in June
Sales rose by 0.6 percent in June, boosted in part by higher prices, with apparel leading gains at 2.4 percent.
US Retail Sales Beat Expectations in June
Sales rose by 0.6 percent in June, boosted in part by higher prices, with apparel leading gains at 2.4 percent.
Retail
Trump Softens Tone on China to Secure Xi Summit and a Trade Deal
President Donald Trump has dialed down his confrontational tone with China in an effort to secure a trade deal with the world’s second-largest economy.
Trump Softens Tone on China to Secure Xi Summit and a Trade Deal
President Donald Trump has dialed down his confrontational tone with China in an effort to secure a trade deal with the world’s second-largest economy.
Retail
The Debrief | Fashion Braces for Impact As Trump Tariffs Returns
Apparel prices are rising, supply chains are scrambling, and brands are playing defence as a new wave of Trump-era tariffs threatens to shake the global fashion industry. Joan Kennedy and Marc Bain join The Debrief to explain the latest changes.
The Debrief | Fashion Braces for Impact As Trump Tariffs Returns
Apparel prices are rising, supply chains are scrambling, and brands are playing defence as a new wave of Trump-era tariffs threatens to shake the global fashion industry. Joan Kennedy and Marc Bain join The Debrief to explain the latest changes.
Retail
Higher Clothing Prices Are Officially Here
The US Bureau of Labor Statistics’ latest inflation report showed an uptick in apparel prices for the first time since President Donald Trump announced sweeping tariffs two months ago.
Higher Clothing Prices Are Officially Here
The US Bureau of Labor Statistics’ latest inflation report showed an uptick in apparel prices for the first time since President Donald Trump announced sweeping tariffs two months ago.
Global Markets
Trump Says Indonesia Goods to Face 19% Tariff Under New Pact
Indonesia also agreed to purchase $15 billion in US energy, $4.5 billion worth of agricultural products and 50 Boeing Co. jets, “many of them 777’s,” Trump said later on social media.
Trump Says Indonesia Goods to Face 19% Tariff Under New Pact
Indonesia also agreed to purchase $15 billion in US energy, $4.5 billion worth of agricultural products and 50 Boeing Co. jets, “many of them 777’s,” Trump said later on social media.
Retail
Opinion | Amazon Prime Day Is Past Its Prime
That the discount extravaganza wasn’t the disaster some had feared is a relief. But there were signs that neither Amazon — nor observers of consumer spending — should take too much comfort, writes Andrea Felsted.
Opinion | Amazon Prime Day Is Past Its Prime
That the discount extravaganza wasn’t the disaster some had feared is a relief. But there were signs that neither Amazon — nor observers of consumer spending — should take too much comfort, writes Andrea Felsted.
Global Markets
Worldview | Fashion Sourcing Countries Hit by Even More Tariff Uncertainty
This week’s round-up of global markets fashion business news also features Japanese resale giant Valuence, Brazilian footwear exports and the disaster facing Lesotho’s denim workers.
Worldview | Fashion Sourcing Countries Hit by Even More Tariff Uncertainty
This week’s round-up of global markets fashion business news also features Japanese resale giant Valuence, Brazilian footwear exports and the disaster facing Lesotho’s denim workers.
The News in Brief
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
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.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
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.