Trump Plans 10% Tariff on Chinese Imports, Eyes 25% on Canada and Mexico
President Trump announced plans for a 10% tariff on China-based imports starting February 1st, citing fentanyl importation as the...
China
Proposed Tariffs: A Looming Challenge for Retailers and Consumers
As President-elect Donald Trump prepares for his second term, the retail industry braces for potential sweeping changes in tariff...
Brunello Cucinelli Reports 12.1% Revenue Growth to €1.27bn
Luxury fashion brand Brunello Cucinelli reports a 12.1% increase in FY revenues to €1.27 billion, driven by strong sales...
Companies Strategize Supply Chain Adjustments Ahead of Potential Trump Tariffs
As President-elect Donald Trump prepares for potential tariff hikes, companies across various industries are strategizing to protect their supply...
Levi’s Faces Mixed Reactions Amidst Sales Underperformance and DTC Pivot
Levi's has faced mixed reactions from analysts after posting strong margins and profits but disappointing sales, according to Wells...
Adidas Shifts Away from Chinese Sourcing for US Products
Adidas CEO Bjørn Gulden announced during an earnings call that the company has stopped sourcing U.S. goods from China...
Walmart Expands Services with Ocean Shipping Network for Marketplace Sellers
In a bid to redefine shopping experiences and boost revenue, Aptos ONE offers modern POS solutions for customer-obsessed brands....
Gen Z and Millennials Fuel Sam’s Club Growth with Digital Experience
Sam's Club is experiencing its highest growth rates from Gen Z and millennials, with membership increasing by 63% and...
L’Occitane Sales Reach €2.5bn Amidst Growth and Investments
L'Occitane International reports a 19.1% increase in net sales, reaching €2.5bn ($2.1bn), driven by strong performances from Sol de...
Adidas Investigates Corruption Allegations in China
Adidas is currently investigating allegations of widespread bribery in China following a whistleblower complaint accusing senior staff of embezzling...