Early data indicates Target and Walmart’s store traffic has declined since their DEI exit, while Costco’s has grown, signalling that we may be entering a new era of consumer boycotts.| The Business of Fashion
Business executives from Walmart, Target, Home Depot and Lowe’s will seek relief from sweeping tariffs in a meeting with Trump at the White House on Monday, Bloomberg reported.| The Business of Fashion
As US retailers shift orders from China and Bangladesh to capitalise on lower tariffs, apparel factories in India’s textile hub of Tiruppur are scrambling to meet demand and are held back by a deepening skilled labour shortage, cost pressures, and fragmented manufacturing capacity.| The Business of Fashion
Brands like Birkenstock and Pandora are considering raising prices in markets outside the US to offset the impact of tariffs.| The Business of Fashion
The plastic clog maker’s share price is down nearly 30 percent — its lowest level in three years — and revenues are expected to drop by at least 9 percent in the current quarter.| The Business of Fashion
The number of vessels scheduled to arrive at the Port of Los Angeles next week is down by almost a third, year on year.| The Business of Fashion
Sales in the group’s critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.| The Business of Fashion
Persistent economic pressures in the key China and US markets are likely to complicate the industry’s efforts to turn things around. That doesn’t mean there aren’t opportunities to seize.| The Business of Fashion
The Canadian luxury e-tailer told employees on Thursday that the filing was necessary as tariffs took an unexpected toll on the business, and to preempt a forced sale by lenders, BoF has learned.| The Business of Fashion
The latest US inflation data, covering the weeks after the Trump administration’s tariffs kicked in, shows prices for clothing declined at their fastest pace in years. Consumers shouldn’t get complacent though — many experts say sticker shock is still coming.| The Business of Fashion
Trump has spent the last few months directing his ire at economic officials — first at the Fed, and now at the Bureau of Labor Statistics, which collects and reports economic data.| The Business of Fashion
With Google’s online advertising business declared an illegal monopoly and Meta at risk of spinning off Instagram, the digital advertising market could be headed for an overhaul with a looming recession in the backdrop.| The Business of Fashion
‘There’ll be a transition cost, and transition problems, but in the end it’s going to be a beautiful thing,’ Trump said Thursday during a Cabinet meeting. ‘We’re in very good shape.’| The Business of Fashion
Discover the latest news, insight and analysis about Donald Trump on The Business of Fashion. Our articles offer comprehensive coverage of industry leaders, including companies and individuals, and their impact on the fashion, luxury and beauty industries.| The Business of Fashion
Six years after Bernard Arnault and Donald Trump cut the ribbon on a Vuitton plant in rural Texas, a Reuters investigation has uncovered significant underperformance at the handbag plant, underscoring the hurdles LVMH faces as it attempts to build its production footprint in the US.| The Business of Fashion
As the shock wears off, fashion businesses are starting to draw up plans to navigate a market that is still rapidly changing under their feet.| The Business of Fashion
