Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
tariff
Retail
Is This the End of Cheap Stuff in America?
As US sales of Shein and Temu plummet, some sustainability advocates make the case for an unlikely win in the movement toward conscious consumption under President Donald Trump’s protectionist trade policies.
Is This the End of Cheap Stuff in America?
As US sales of Shein and Temu plummet, some sustainability advocates make the case for an unlikely win in the movement toward conscious consumption under President Donald Trump’s protectionist trade policies.
Sustainability
Lessons From Trump’s Degrowth Experiment
The US President’s tariffs are effectively achieving what a decade of sustainable fashion campaigning couldn’t accomplish: curbing overconsumption. It won’t result in meaningful environmental gains, argues Kenneth P. Pucker.
Lessons From Trump’s Degrowth Experiment
The US President’s tariffs are effectively achieving what a decade of sustainable fashion campaigning couldn’t accomplish: curbing overconsumption. It won’t result in meaningful environmental gains, argues Kenneth P. Pucker.
Sustainability
Walmart Calls, But India’s Garment Worker Woes Blunt Tariff Edge
American retailers are ramping up inquiries to manufacture in India in response to Trump's trade war, but a labour shortage and high costs in key textile producing regions are hampering suppliers' ability to capitalise on the opportunity.
Walmart Calls, But India’s Garment Worker Woes Blunt Tariff Edge
American retailers are ramping up inquiries to manufacture in India in response to Trump's trade war, but a labour shortage and high costs in key textile producing regions are hampering suppliers' ability to capitalise on the opportunity.
Retail
Resale Welcomes a Wave of ‘Tariff-ied’ New Customers
While resale businesses are booming with a surge of new customers seeking value by shopping used amidst tariff-induced economic uncertainty, it creates more urgency for resale to innovate.
Resale Welcomes a Wave of ‘Tariff-ied’ New Customers
While resale businesses are booming with a surge of new customers seeking value by shopping used amidst tariff-induced economic uncertainty, it creates more urgency for resale to innovate.
Retail
Temu, Shein See US Sales Drop in Week After Tariff Price Hikes
Shein posted a 23 percent week-on-week drop in US sales while Temu’s US sales fell 17 percent during the week of April 25 to May 1.
Temu, Shein See US Sales Drop in Week After Tariff Price Hikes
Shein posted a 23 percent week-on-week drop in US sales while Temu’s US sales fell 17 percent during the week of April 25 to May 1.
Beauty
US Retailers Want in on K-Beauty — Again
Amorepacific’s Hanyul is the latest of a flood of K-beauty brands being scooped up by US beauty retailers as consumers clamor for Korean products in the face of price hikes.
US Retailers Want in on K-Beauty — Again
Amorepacific’s Hanyul is the latest of a flood of K-beauty brands being scooped up by US beauty retailers as consumers clamor for Korean products in the face of price hikes.
Retail
Shein and Temu Ramp up Advertising in UK and France As US Tariffs Hit
Shein and Temu increase digital ad spending in the UK and France, while decreasing in the US as a result of tariffs.
Shein and Temu Ramp up Advertising in UK and France As US Tariffs Hit
Shein and Temu increase digital ad spending in the UK and France, while decreasing in the US as a result of tariffs.
Retail
Shein’s London IPO Stalled Amid US Tariff Fallout
Progress on the fast-fashion retailer’s initial public offering for a listing in London has halted, Bloomberg reported.
Shein’s London IPO Stalled Amid US Tariff Fallout
Progress on the fast-fashion retailer’s initial public offering for a listing in London has halted, Bloomberg reported.
Retail
Footwear Brands Including Nike and Adidas Ask Trump for Tariff Exemption
The Footwear Distributors & Retailers of America trade group urged Trump to exempt shoes from reciprocal tariffs in a letter signed by shoemakers.
Footwear Brands Including Nike and Adidas Ask Trump for Tariff Exemption
The Footwear Distributors & Retailers of America trade group urged Trump to exempt shoes from reciprocal tariffs in a letter signed by shoemakers.
Retail
As Trump Moves to Tax Small Parcels, Some Retailers Give Up on US
The removal of de minimis is forcing price increases and prompting some businesses to exit the US market altogether.
As Trump Moves to Tax Small Parcels, Some Retailers Give Up on US
The removal of de minimis is forcing price increases and prompting some businesses to exit the US market altogether.
Retail
Temu Ditches Chinese Imports Model to Avoid Trump’s Tariffs
Temu is abandoning their model centred around cheap Chinese imports, aiming to sell only goods from local merchants to American consumers.
Temu Ditches Chinese Imports Model to Avoid Trump’s Tariffs
Temu is abandoning their model centred around cheap Chinese imports, aiming to sell only goods from local merchants to American consumers.
Global Markets
US Economy Contracts for First Time Since 2022 on Imports Surge
The US GDP decreased an annualised 0.3 percent in the first quarter, well below average growth of 3 percent in the previous two years.
US Economy Contracts for First Time Since 2022 on Imports Surge
The US GDP decreased an annualised 0.3 percent in the first quarter, well below average growth of 3 percent in the previous two years.
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.