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
Global Markets
Trump Tariff Shock Stings Bangladesh, Sri Lanka Garment Giants, May Help India
As Trump hits Bangladesh with a 37 percent tariff, India may have gained an economic advantage.
Trump Tariff Shock Stings Bangladesh, Sri Lanka Garment Giants, May Help India
As Trump hits Bangladesh with a 37 percent tariff, India may have gained an economic advantage.
Retail
Sneaker and Apparel Retailers Blindsided by Tariffs on Asian Factory Hubs
Shares in Nike, Adidas and Puma plummeted after Vietnam, the second-biggest apparel exporter to the US, was hit with a 46 percent tariff rate.
Sneaker and Apparel Retailers Blindsided by Tariffs on Asian Factory Hubs
Shares in Nike, Adidas and Puma plummeted after Vietnam, the second-biggest apparel exporter to the US, was hit with a 46 percent tariff rate.
Retail
Trump Signs Order Ending Duty-Free Treatment for Cheap Shipments From China
The trade loophole known as “de minimis” that helped Temu and Shein will close on May 2.
Trump Signs Order Ending Duty-Free Treatment for Cheap Shipments From China
The trade loophole known as “de minimis” that helped Temu and Shein will close on May 2.
Retail
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains
Adidas shares dropped as much as 11 percent in early Frankfurt trading on Thursday, the most in more than two years.
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains
Adidas shares dropped as much as 11 percent in early Frankfurt trading on Thursday, the most in more than two years.
Retail
Trump’s Tariffs Rock Fashion’s Supply Chain
Some of the most severe import duties announced Wednesday were aimed at apparel manufacturing hubs.
Trump’s Tariffs Rock Fashion’s Supply Chain
Some of the most severe import duties announced Wednesday were aimed at apparel manufacturing hubs.
Retail
Analysis: US Tariffs on Vietnam Would Be a Blow to Nike and Other Sportswear Brands
According to its annual report, Nike produced 50 percent of its footwear and 28 percent of its apparel in Vietnam in its 2024 fiscal year.
Analysis: US Tariffs on Vietnam Would Be a Blow to Nike and Other Sportswear Brands
According to its annual report, Nike produced 50 percent of its footwear and 28 percent of its apparel in Vietnam in its 2024 fiscal year.
Global Markets
Trump’s Tariffs to Take Immediate Effect, White House Says
White House press secretary Karoline Leavitt said on Tuesday that global tariffs will take immediate effect following President Trump's announcement on Wednesday.
Trump’s Tariffs to Take Immediate Effect, White House Says
White House press secretary Karoline Leavitt said on Tuesday that global tariffs will take immediate effect following President Trump's announcement on Wednesday.
Retail
Trump to Unveil Country-Based Tariffs Apr. 2 in Rose Garden
White House press secretary Karoline Leavitt said Monday that President Trump will announce his reciprocal tariff push on Wednesday, split by country.
Trump to Unveil Country-Based Tariffs Apr. 2 in Rose Garden
White House press secretary Karoline Leavitt said Monday that President Trump will announce his reciprocal tariff push on Wednesday, split by country.
Executive Briefings
The Executive Briefing: Reading the Tariff Tea Leaves
This month, ominous trade signals and dismal luxury sales made for a bleak present, while designer appointments and AI innovations pointed towards the future. Read on for your concise breakdown of March’s key developments from executive editor Brian Baskin.
The Executive Briefing: Reading the Tariff Tea Leaves
This month, ominous trade signals and dismal luxury sales made for a bleak present, while designer appointments and AI innovations pointed towards the future. Read on for your concise breakdown of March’s key developments from executive editor Brian Baskin.
Retail
Executive Memo | An Action Plan for Navigating Trump’s Tariffs
US President Donald Trump’s tariff actions are raising costs for fashion businesses and throwing supply chains into disarray. As his administration prepares a new wave of duties, and other nations retaliate with tariffs of their own, executives have a variety of measures at their disposal to mitigate the impact, from pricing, sourcing and product strategies to financial actions.
Executive Memo | An Action Plan for Navigating Trump’s Tariffs
US President Donald Trump’s tariff actions are raising costs for fashion businesses and throwing supply chains into disarray. As his administration prepares a new wave of duties, and other nations retaliate with tariffs of their own, executives have a variety of measures at their disposal to mitigate the impact, from pricing, sourcing and product strategies to financial actions.
Retail
This Week: Tariffs and TikTok, 24/7
After a brief reprieve, it’ll be all Trump, all the time for the fashion industry as the administration rolls out new tariffs and tries to get a TikTok sale over the line.
This Week: Tariffs and TikTok, 24/7
After a brief reprieve, it’ll be all Trump, all the time for the fashion industry as the administration rolls out new tariffs and tries to get a TikTok sale over the line.
Global Markets
For Canadians, Trump’s ‘51st State’ Talk Is No Joke
Tariffs and talk of territorial conquest won’t stop with America’s northern neighbour. The fashion industry should be watching how Canada pushes back, and think about how they might respond should Trump’s attention turn to them, writes Imran Amed.
For Canadians, Trump’s ‘51st State’ Talk Is No Joke
Tariffs and talk of territorial conquest won’t stop with America’s northern neighbour. The fashion industry should be watching how Canada pushes back, and think about how they might respond should Trump’s attention turn to them, writes Imran Amed.
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.