De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
tariff
Latest News & Analysis
Retail
Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
The number of companies suing for tariff refunds has spiked recently, with the latest group including companies such as Prada and Adidas, in a sign importers aren’t confident in the plan to create a claims process.
Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
The number of companies suing for tariff refunds has spiked recently, with the latest group including companies such as Prada and Adidas, in a sign importers aren’t confident in the plan to create a claims process.
Global Markets
Worldview | Gulf Retailers Brace for Downturn as War Drags On
This week’s round-up of global markets fashion business news also features Turkish textiles giant Sanko, Chow Tai Fook and Buenos Aires Fashion Week.
Worldview | Gulf Retailers Brace for Downturn as War Drags On
This week’s round-up of global markets fashion business news also features Turkish textiles giant Sanko, Chow Tai Fook and Buenos Aires Fashion Week.
Global Markets
US Customs Agency Says Tariff Refund System Will Be Ready in 45 Days
The Supreme Court did not say how the collected tariffs should be refunded when it struck Trump’s economic policy down as unconstitutional last month, leaving small importers worried the process would be expensive and time-consuming.
US Customs Agency Says Tariff Refund System Will Be Ready in 45 Days
The Supreme Court did not say how the collected tariffs should be refunded when it struck Trump’s economic policy down as unconstitutional last month, leaving small importers worried the process would be expensive and time-consuming.
Global Markets
Worldview | Middle East Retailers Rattled by Escalating Iran Conflict
This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.
Worldview | Middle East Retailers Rattled by Escalating Iran Conflict
This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.
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Retail
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
News & Analysis
Trump’s Options After the Supreme Court Said His Tariffs Are Illegal
Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.
Trump’s Options After the Supreme Court Said His Tariffs Are Illegal
Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.
News & Analysis
Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%
The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.
Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%
The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.
News & Analysis
The Supreme Court’s Tariff Ruling: What Fashion Needs to Know
A majority of justices struck down the ‘Liberation Day’ tariffs that sent shockwaves through the fashion industry, setting the stage for a rush of brands trying to recoup duties they’ve already paid.
The Supreme Court’s Tariff Ruling: What Fashion Needs to Know
A majority of justices struck down the ‘Liberation Day’ tariffs that sent shockwaves through the fashion industry, setting the stage for a rush of brands trying to recoup duties they’ve already paid.
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News & Analysis
US Supreme Court Overturns Trump’s Emergency Tariffs
The ruling strikes down the so-called ‘Liberation Day’ tariffs that sent a shockwave through the fashion industry and sets the stage for a rush of brands trying to recoup duties they’ve already paid.
US Supreme Court Overturns Trump’s Emergency Tariffs
The ruling strikes down the so-called ‘Liberation Day’ tariffs that sent a shockwave through the fashion industry and sets the stage for a rush of brands trying to recoup duties they’ve already paid.
Global Markets
Worldview | How China’s Tariff Cuts Benefit African Fashion
This week’s round-up of global markets fashion business news also features M&A in Vietnam, Australian jewellers and Turkish textile giants in Latin America.
Worldview | How China’s Tariff Cuts Benefit African Fashion
This week’s round-up of global markets fashion business news also features M&A in Vietnam, Australian jewellers and Turkish textile giants in Latin America.
Global Markets
Worldview | Dubai Fashion Week Turns to Asian Talent
This week’s round-up of global markets fashion business news also features Chinese apparel giant Icicle, India’s gemstones and US trade deals with Haiti, El Salvador and Guatemala.
Worldview | Dubai Fashion Week Turns to Asian Talent
This week’s round-up of global markets fashion business news also features Chinese apparel giant Icicle, India’s gemstones and US trade deals with Haiti, El Salvador and Guatemala.
Global Markets
Ralph Lauren, Walmart Suppliers Among Winners in India-US Deal
Footwear manufacturers and apparel exporters emerged as major winners in the joint framework for an interim trade deal between the US and India.
Ralph Lauren, Walmart Suppliers Among Winners in India-US Deal
Footwear manufacturers and apparel exporters emerged as major winners in the joint framework for an interim trade deal between the US and India.
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.