US Proposes New Tariffs of at Least 10%, Citing Forced Labour
The US is proposing new tariffs of at least 10 percent on imports from 60 trading partners in president Donald…
Category: Lifestyle
Macy’s Raises Annual Forecast as Luxury Focus Draws Affluent Shoppers
Macy’s raised its annual forecasts and posted its first quarterly sales growth in nearly four years on Wednesday, driven by…
The Mall Mainstay Clawing Back Sephora Tweens
The teen-favourite retailer Urban Outfitters is banking on Gen-Alpha influencers and brands like Sol de Janeiro and Yes Day in…
Neiman Marcus to Close Dallas Flagship
The landmark department store, which is over 100 years old, is another casualty of Saks Global’s Chapter 11 restructuring. Source…
US Appeals Order Compelling Tariff Refunds
The Trump administration has formally appealed a judge’s order compelling customs authorities to refund all importers who paid the $166…
Zara Owner Inditex Defies Consumer Gloom With Strong Sales
Zara owner Inditex had a strong start to summer trading with currency-adjusted sales growth of 11.5 percent in May, beating…
Estée Lauder CEO Says the Price Wasn’t Right for Puig
An Estée Lauder merger with Jean Paul Gaultier-owner Puig failed to go through because of the price tag, Stephane de…
For These Brands, Resisting the DTC Playbook Paid Off
A crop of brands founded in 2016, including Dôen, La Ligne and Cinq à Sept, steered clear of the once-dominant…
Worldview | What’s Next for China’s Record-Breaking Luxury Mall?
This week’s round-up of global markets fashion business news also features Japan’s casualwear backlash, microfibre pollution in Ghana and Brazil’s…
Victoria’s Secret Jumps 47% as Heavily Shorted Chain Outperforms
Victoria’s Secret & Co. shares soared after the company beat earnings estimates and boosted its outlook, adding to signs of…