Global financial markets have been rocked by President Trump’s tariffs, with trillions wiped off the value of stocks and government bonds in a matter of days. Heavy selling of US sovereign debt, or treasuries, sent the yield up by the greatest one-day amount since September 2022 earlier this week. There is speculation that this sudden…
Meanwhile, fast fashion brands (especially China-based Shein and Temu, which will see the de minimis shipping exemption for packages under $800 disappears in May) may fare better by remaining the least expensive option as all prices go up. Mid-tier brands that rely on manufacturing and sourcing partners globally, and especially in Asia, could bear the…
With this, brands can obtain more sufficient display space and time, acquire customers and collect feedback from a comprehensive perspective, which facilitates the timely optimisation of product and marketing strategies. Incorporating consumer retail into the showroom space could be a smart move, as it allows brands to receive feedback on product and buyers to observe…
Executives expected Trump’s latest round of tariffs, announced on 2 April, to be bad. They were far, far worse than imagined. The “Liberation Day” tariffs on $2.5 trillion worth of imports moved executives from companies based in the US with overseas production to mobilise, calling board meetings and spending time on the phone with suppliers…
From niche to mainstream, second-hand fashion is enjoying record demand as online vintage clothing sales boom. But what makes cast-off clothes so attractive to young people? As per DW, browsing for special clothes is one of Leonie’s favorite hobbies. However, the 27-year-old fashion design student doesn’t focus on the new collections from fashion companies. She…
Now, The Love List is making advertisers big bucks — it’s generated Net-a-Porter about $135,000 to date. The RealReal didn’t officially partner with any Substack creators until the end of 2024. Once it did, it saw strong click-through (over 6 per cent) and twofold ROAS (return on assets), says The RealReal chief creative officer Kristen…
The British Fashion Council (BFC) has cancelled its June edition of London Fashion Week. Instead, the focus will shift to providing more commercial opportunities for British brands through a London Show Rooms showcase in Paris, which will run from 26 June to 1 July. BFC outgoing CEO Caroline Rush hopes the showroom will provide an…
Norway will seek to negotiate with the United States, the Norwegian prime minister, Jonas Gahr Støre, told the public broadcaster NRK on Thursday. Trump announced a 15 per cent tariff on goods imported to the US from Norway. “This is bad news, it is very serious,” Støre told NRK. “There is an opening for negotiations…
The UK was given a “special rate” on tariffs thanks to Brexit, an adviser to Donald Trump has said Seb Gorka, a White House adviser on counterterrorism, said the tariff on British goods could “improve”. “After Brexit, you’ve reaffirmed your independence, and I think that is being proven today by the special rate that has…
Giorgia Meloni, the Italian prime minister, said US tariffs could have negative consequences for Italian producers and could limit access to Italian products in America. “The United States is our second-largest export market, with a 17 per cent increase in exports in 2024. The US market is crucial for us,” she said in a speech…