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
Chinese E-Commerce Exports Plummet in Face of Tariffs, Despite Rise in Sales to EU
China’s total e-commerce shipping plunged 65 percent by volume in the first three months of the year, but rose 28 percent in Europe.
Chinese E-Commerce Exports Plummet in Face of Tariffs, Despite Rise in Sales to EU
China’s total e-commerce shipping plunged 65 percent by volume in the first three months of the year, but rose 28 percent in Europe.
Retail
Primark Committed to US Expansion Despite Tariff Uncertainty, Says Boss
George Weston, chief executive of the British fast-fashion retailer’s parent company AB Foods, said Primark was ‘absolutely’ committed to its plan to have 60 US stores by 2026, more than double the current total.
Primark Committed to US Expansion Despite Tariff Uncertainty, Says Boss
George Weston, chief executive of the British fast-fashion retailer’s parent company AB Foods, said Primark was ‘absolutely’ committed to its plan to have 60 US stores by 2026, more than double the current total.
Global Markets
Trump Tariffs Prompt Slump in Shipments to US Ports
The number of vessels scheduled to arrive at the Port of Los Angeles next week is down by almost a third year on year.
Trump Tariffs Prompt Slump in Shipments to US Ports
The number of vessels scheduled to arrive at the Port of Los Angeles next week is down by almost a third year on year.
Retail
Shein Hikes US Prices Ahead of Tariff Increases
For women’s clothing the average rise was 8 percent, but some items saw much more substantial price rises.
Shein Hikes US Prices Ahead of Tariff Increases
For women’s clothing the average rise was 8 percent, but some items saw much more substantial price rises.
Retail
This Week: Adidas, Prada and the US Conference Board Assess the Tariffs’ Impact
A busy stretch of economic data and earnings will offer a clearer picture of how Trump’s trade war is affecting the industry.
This Week: Adidas, Prada and the US Conference Board Assess the Tariffs’ Impact
A busy stretch of economic data and earnings will offer a clearer picture of how Trump’s trade war is affecting the industry.
Global Markets
Trump Sees Trade Deals Getting Done in Three to Four Weeks
The US president told Time magazine he expects to wrap up deals with trade partners seeking lower tariffs soon — though China’s fate remains up in the air.
Trump Sees Trade Deals Getting Done in Three to Four Weeks
The US president told Time magazine he expects to wrap up deals with trade partners seeking lower tariffs soon — though China’s fate remains up in the air.
Retail
Will the End of De Minimis Kill the Shein Haul?
As the de minimis loophole is set to close in the US, the fate of fast-fashion purveyors Shein and Temu, who announced price increases effective today, hangs in the balance.
Will the End of De Minimis Kill the Shein Haul?
As the de minimis loophole is set to close in the US, the fate of fast-fashion purveyors Shein and Temu, who announced price increases effective today, hangs in the balance.
Global Markets
US and China Holding Talks on Trade War, Trump Says After Beijing Rebuttal
Trump told reporters the US and China held talks on Thursday to resolve the trade war between the world’s two largest economies.
US and China Holding Talks on Trade War, Trump Says After Beijing Rebuttal
Trump told reporters the US and China held talks on Thursday to resolve the trade war between the world’s two largest economies.
Global Markets
China Says US Should Revoke Unilateral Tariffs, Denies Talks
Chinese Commerce Ministry spokesman He Yadong said Thursday, “Any reports on development in talks are groundless” and called for the US to revoke all unilateral tariffs imposed on China.
China Says US Should Revoke Unilateral Tariffs, Denies Talks
Chinese Commerce Ministry spokesman He Yadong said Thursday, “Any reports on development in talks are groundless” and called for the US to revoke all unilateral tariffs imposed on China.
Global Markets
Trump Floats ‘Substantial’ China Tariffs Cuts in Trade Deal
‘It will come down substantially but it won’t be zero,’ Trump said Tuesday in Washington following earlier comments from Treasury Secretary Scott Bessent that the standoff was unsustainable.
Trump Floats ‘Substantial’ China Tariffs Cuts in Trade Deal
‘It will come down substantially but it won’t be zero,’ Trump said Tuesday in Washington following earlier comments from Treasury Secretary Scott Bessent that the standoff was unsustainable.
Marketing
How Brands Are Selling Higher Prices to Their Customers
As US tariffs create market uncertainty globally, brands are balancing transparent communications and conversion-driving marketing tactics to maintain sales and customer loyalty.
How Brands Are Selling Higher Prices to Their Customers
As US tariffs create market uncertainty globally, brands are balancing transparent communications and conversion-driving marketing tactics to maintain sales and customer loyalty.
Global Markets
Target, Walmart Executives to Meet Trump as Tariff Angst Spreads
Business executives from Walmart, Target, Home Depot and Lowe’s will seek relief from sweeping tariffs in a meeting with Trump at the White House on Monday, Bloomberg reported.
Target, Walmart Executives to Meet Trump as Tariff Angst Spreads
Business executives from Walmart, Target, Home Depot and Lowe’s will seek relief from sweeping tariffs in a meeting with Trump at the White House on Monday, Bloomberg reported.
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.