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
American retailers are ramping up inquiries to manufacture in India in response to Trump’s trade war, but a labour shortage and high costs in key textile producing regions are hampering suppliers’ ability to capitalise on the opportunity.| 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 Trump administration has ended duty-free imports for packages under $800, known as the de minimis exemption, likely leading to higher costs for US consumers as businesses increase prices.| 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
Rising prices, shifting consumer tastes and manufacturing scandals are eroding trust in luxury, giving counterfeiters and dupe-makers new opportunities to win over shoppers seeking style at a more accessible cost, writes Andrea Felsted.| The Business of Fashion
Discover the latest news, insight and analysis about Walmart 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
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
