President Donald Trump will lower the country’s overall reciprocal tariff to 19 percent.
President Donald Trump will lower the country’s overall reciprocal tariff to 19 percent.
Footwear manufacturers and apparel exporters emerged as major winners in the joint framework for an interim trade deal between the US and India.
Footwear manufacturers and apparel exporters emerged as major winners in the joint framework for an interim trade deal between the US and India.
France’s exports to the US of signature products including champagne, perfume and cosmetics slumped at the end of last year, weighed by president Donald Trump’s tariffs and a weaker dollar.
France’s exports to the US of signature products including champagne, perfume and cosmetics slumped at the end of last year, weighed by president Donald Trump’s tariffs and a weaker dollar.
It’s a case of winners and losers for Swiss watchmakers, as the strongest brands shoot ahead, widening the gap with their smaller rivals, writes Robin Swithinbank. Plus, Rolex’s LIV Golf tie-up and The Honourable Merchants Group’s pause.
It’s a case of winners and losers for Swiss watchmakers, as the strongest brands shoot ahead, widening the gap with their smaller rivals, writes Robin Swithinbank. Plus, Rolex’s LIV Golf tie-up and The Honourable Merchants Group’s pause.
US President Donald Trump signed legislation on Tuesday extending the lapsed US duty-free trade programme for 32 eligible African countries through Dec. 31.
US President Donald Trump signed legislation on Tuesday extending the lapsed US duty-free trade programme for 32 eligible African countries through Dec. 31.
The top UK Rolex seller upgraded its annual sales outlook as demand for luxury timepieces rebounds, particularly in the US.
The top UK Rolex seller upgraded its annual sales outlook as demand for luxury timepieces rebounds, particularly in the US.
This week’s round-up of global markets fashion business news also features the next wave of Chinese luxury malls, Sri Lanka’s apparel exports and plans for Saudi Arabia’s new fashion district.
This week’s round-up of global markets fashion business news also features the next wave of Chinese luxury malls, Sri Lanka’s apparel exports and plans for Saudi Arabia’s new fashion district.
Trump is also removing the extra 25 percent duty on Indian goods he applied in response to India’s purchases of crude from Russia, Bloomberg reported.
Trump is also removing the extra 25 percent duty on Indian goods he applied in response to India’s purchases of crude from Russia, Bloomberg reported.
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
Swiss watch exports grew 3.3 percent in December driven by a surge in shipments to the US following a reduction in tariffs.
Swiss watch exports grew 3.3 percent in December driven by a surge in shipments to the US following a reduction in tariffs.
Even if Washington moves to extend the duty-free trade deal for 32 African countries, letting it lapse in September has put factory jobs at risk and forced manufacturers to absorb new costs, weakening US sourcing ties across the region from Kenya to Madagascar.
Even if Washington moves to extend the duty-free trade deal for 32 African countries, letting it lapse in September has put factory jobs at risk and forced manufacturers to absorb new costs, weakening US sourcing ties across the region from Kenya to Madagascar.
This week’s round-up of global markets fashion business news also features China’s plummeting footwear exports, Indonesian textiles and Chile’s department store giant.
This week’s round-up of global markets fashion business news also features China’s plummeting footwear exports, Indonesian textiles and Chile’s department store giant.
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.
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.
An internal memo reviewed by Bloomberg sought to clear up misunderstandings around the brand’s coming removal from the S&P 100.
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.
The Jared, Kay and Zales owner raised its outlook for the second time this year as demand for jewellery remains resilient even as shoppers pull back on spending elsewhere.
Prize alum Rachel Scott of Diotima is nominated for Womenswear Designer of the Year again, while 2013 winners Dao-Yi Chow and Maxwell Osborne of Public School are nominated for Menswear Designer of the Year.
HSBC analysts downgraded LVMH and Burberry to hold as they said the second half of the year looks harder for soft luxury to navigate.
Inditex’s sales growth accelerated at the start of the third quarter as it continued to outpace rivals, but rising depreciation charges ate into profits.