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
Garment factories in Guangzhou are struggling to manage a tempest of geopolitical and economic headwinds.| 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
High tariffs have long tempted affluent travellers to sneak luxury goods, from French gowns to Swiss watches, past customs. Trump’s tariffs could push them to try again.| The Business of Fashion
New US tariffs on Vietnamese imports create uncertainty for sportswear and clothing retailers like Nike and Adidas.| The Business of Fashion
The luxury industry is facing another lost year, according to Bain’s latest luxury update, but investors are being too gloomy on the sector’s long-term prospects, argues Andrea Felsted.| The Business of Fashion