Gap, Nike and Levi’s took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining plans and tanking their stocks

Gap, Nike and Levi’s took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining plans and tanking their stocks

At the Shoptalk retail industry conference last week, Gap Inc CEO Richard Dickson touted the apparel maker’s limited exposure to China and the tariffs about to be imposed on imports from there after years of efforts to diversify its supplier base. “Big credit goes to our supply chains. We’ve been working on diversifying our manufacturer…

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NYFTL Names 2025 Cohort Shaping Fashion's Future

NYFTL Names 2025 Cohort Shaping Fashion’s Future

The New York Fashion Tech Lab (NYFTL) has named this year’s cohort of companies transforming the fashion industry and retail sector. The community-driven platform returns for its 12th year of accelerating the women-led startups developing innovations at the intersection of fashion and technology. Cofounded by venture catalyst Springboard Enterprises, the nonprofit is designed for early-to-growth-stage…

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Why the stock market ignored Trump's latest tariff reprieve and how we took advantage

Why the stock market ignored Trump’s latest tariff reprieve and how we took advantage

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: Stocks are getting hit Thursday on concerns about economic activity, trade policy, and the pace of artificial intelligence infrastructure investment. Tech stocks are especially…

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Stock market today: Live updates

Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange at the opening bell on November 13, 2024, in New York City.  Angela Weiss | AFP | Getty Images Stock futures edged lower on Thursday evening with Wall Street poised to end the week with gains in the three major averages. Futures tied to…

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