Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
tariff
Global Markets
Worldview | Middle East Retailers Rattled by Escalating Iran Conflict
This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.
Worldview | Middle East Retailers Rattled by Escalating Iran Conflict
This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.
Retail
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
Retail
Steven Madden Yanked Guidance After Supreme Court Tariff Ruling
Chief executive Edward Rosenfeld told analysts the sudden change in trade policy makes it difficult to calculate the cost of tariffs in the coming months.
Steven Madden Yanked Guidance After Supreme Court Tariff Ruling
Chief executive Edward Rosenfeld told analysts the sudden change in trade policy makes it difficult to calculate the cost of tariffs in the coming months.
Beauty
L’Oréal, Sol de Janeiro and Dyson Among Firms Suing for Trump Tariff Refunds
The suits were filed on Monday in the US Court of International Trade, ticking up a growing list of prominent companies to file suit following Friday's landmark ruling.
L’Oréal, Sol de Janeiro and Dyson Among Firms Suing for Trump Tariff Refunds
The suits were filed on Monday in the US Court of International Trade, ticking up a growing list of prominent companies to file suit following Friday's landmark ruling.
News & Analysis
Trump’s Options After the Supreme Court Said His Tariffs Are Illegal
Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.
Trump’s Options After the Supreme Court Said His Tariffs Are Illegal
Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.
News & Analysis
Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%
The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.
Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%
The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.
News & Analysis
The Supreme Court’s Tariff Ruling: What Fashion Needs to Know
A majority of justices struck down the ‘Liberation Day’ tariffs that sent shockwaves through the fashion industry, setting the stage for a rush of brands trying to recoup duties they’ve already paid.
The Supreme Court’s Tariff Ruling: What Fashion Needs to Know
A majority of justices struck down the ‘Liberation Day’ tariffs that sent shockwaves through the fashion industry, setting the stage for a rush of brands trying to recoup duties they’ve already paid.
News & Analysis
US Supreme Court Overturns Trump’s Emergency Tariffs
The ruling strikes down the so-called ‘Liberation Day’ tariffs that sent a shockwave through the fashion industry and sets the stage for a rush of brands trying to recoup duties they’ve already paid.
US Supreme Court Overturns Trump’s Emergency Tariffs
The ruling strikes down the so-called ‘Liberation Day’ tariffs that sent a shockwave through the fashion industry and sets the stage for a rush of brands trying to recoup duties they’ve already paid.
Luxury
Swiss Watch Exports Resume Slump as US Rebound Proves Short Lived
Exports fell 3.6 percent in January, led by a decline in the most expensive precious metal watches and a slump in the US market.
Swiss Watch Exports Resume Slump as US Rebound Proves Short Lived
Exports fell 3.6 percent in January, led by a decline in the most expensive precious metal watches and a slump in the US market.
Global Markets
Worldview | How China’s Tariff Cuts Benefit African Fashion
This week’s round-up of global markets fashion business news also features M&A in Vietnam, Australian jewellers and Turkish textile giants in Latin America.
Worldview | How China’s Tariff Cuts Benefit African Fashion
This week’s round-up of global markets fashion business news also features M&A in Vietnam, Australian jewellers and Turkish textile giants in Latin America.
Global Markets
India Textiles to Get US Benefits Like Bangladesh, Official Says
Textile exports to the US will receive the same benefits Washington has extended to Bangladesh, Commerce and Industry Minister Piyush Goyal said on Thursday.
India Textiles to Get US Benefits Like Bangladesh, Official Says
Textile exports to the US will receive the same benefits Washington has extended to Bangladesh, Commerce and Industry Minister Piyush Goyal said on Thursday.
Global Markets
Worldview | Dubai Fashion Week Turns to Asian Talent
This week’s round-up of global markets fashion business news also features Chinese apparel giant Icicle, India’s gemstones and US trade deals with Haiti, El Salvador and Guatemala.
Worldview | Dubai Fashion Week Turns to Asian Talent
This week’s round-up of global markets fashion business news also features Chinese apparel giant Icicle, India’s gemstones and US trade deals with Haiti, El Salvador and Guatemala.
The News in Brief
Dior and A24 Announce Two-Year Collaboration
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.
Princess Diana’s ‘Revenge Dress’ Comes to Auction at Sotheby’s
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
Macy’s Raises Annual Targets as Bloomingdale’s Drives Growth
The retailer's improved outlook reflects resilience among higher-income shoppers, despite broader economic uncertainty.
American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands
Shares slumped over 11 percent in premarket trading Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat.
Primark to Start Home Delivery as Sales Fall Ahead of Split
The decision is a major about-face for the budget fashion chain as it tries to stem falling sales ahead of its split from Associated British Foods.
Nike Reassures Executives That Its Stock Is Still in the S&P 500
An internal memo reviewed by Bloomberg sought to clear up misunderstandings around the brand’s coming removal from the S&P 100.
Jonathan Cohen Joins J. Mendel as Resident Designer
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.