Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
trade
News & Analysis
Columbia Sportswear Is Ready to Pass Trump Tariffs on to Consumers
The Trump administration’s latest tariff proposal on goods imported from China has forced the outdoor gear and apparel maker to spend more time managing its supply chain than its sales operations.
Retail
Trump's Tariffs Have Arrived. Here's How to Avoid Losing Your Shirt
Brands and retailers are facing a 25 percent hike in the cost of most Chinese-made apparel and footwear imports as soon as next month. But there are steps they can take to soften the blow.
Sustainability
European Trade Policy Seen Going Greener After EU Parliament Vote
The rise of the Greens, the effect of a young Swedish climate activist and the entry of French President Emmanuel Macron's party into the European Parliament are likely to result in a more climate-oriented EU trade policy.
Financial Markets
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
China
China's Retail Sales Growth Falls to 16-Year Low
China is experiencing lagging retail sales and industrial output amid trade tensions with the United States.
China
Ralph Lauren Polo Shirts Could Be Caught in the Trade War
The American brand could see many of its classic apparel items hit by 25 percent tariffs as the US proposes new levies on $300 billion of goods.
News & Analysis
Retailers, Already Planning for the 2019 Holidays, Expected to Get Whacked by Tariffs
"The hike will also cost the average American family of four $767, according to a report by the Trade Partnership."
China
China's JD Reports Slowest Revenue Growth On Record in Q1
JD.com is experiencing a period of slow revenue growth as the company undergoes restructuring.
China
US Escalates Trade War With China Amid Negotiations
President Trump issued orders for the tariff increase, saying China "broke the deal" by reneging on earlier commitments.
China
Trump Vows New Tariff Hike on Chinese Goods
President Donald Trump announced on Sunday he would hike US tariffs on $200 billion (£152 billion) worth of Chinese goods this week and target hundreds of billions more soon, marking a major escalation in trade tensions between the world's two largest economies.
China
Is Luxury Immune from Europe's Trade Tussle with China?
China has given a lifeline to European luxury brands, but trade tensions are brewing. Read China Decoded to make sense of the market.
Global Markets
Trump Plans to End India's Preferential Trade Treatment
The US president intends to end India's preferential trade treatment which, under the GSP program, allows $5.6 billion worth of Indian exports to enter the US duty free.
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.