Retailers Pummelled by Trump’s Trade War Entertain More ‘Take-Private’ Offers
Hit hard by President Trump’s trade war and volatile markets, some publicly traded retailers are increasingly considering offers to sell to private equity.
Trump Tariffs Hit European Luxury, Shares Tank
LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.
Global Retailers’ Tariff Strategy Risks Spreading Pain Beyond US Consumer
Brands like Birkenstock and Pandora are considering raising prices in markets outside the US to offset the impact of tariffs.
Shein to Set up Huge Vietnam Warehouse in US Tariff Hedge, Reuters Reports
The fast-fashion e-tailer is leasing its first warehouse in Vietnam, in hopes of reducing exposure to unpredictable US-China trade tensions.
Is This the End of Cheap Stuff in America?
As US sales of Shein and Temu plummet, some sustainability advocates make the case for an unlikely win in the movement toward conscious consumption under President Donald Trump’s protectionist trade policies.
Lessons From Trump’s Degrowth Experiment
The US President’s tariffs are effectively achieving what a decade of sustainable fashion campaigning couldn’t accomplish: curbing overconsumption. It won’t result in meaningful environmental gains, argues Kenneth P. Pucker.
US Economy Contracts for First Time Since 2022 on Imports Surge
The US GDP decreased an annualised 0.3 percent in the first quarter, well below average growth of 3 percent in the previous two years.
Chinese E-Commerce Exports Plummet in Face of Tariffs, Despite Rise in Sales to EU
China’s total e-commerce shipping plunged 65 percent by volume in the first three months of the year, but rose 28 percent in Europe.
Trump Tariffs Prompt Slump in Shipments to US Ports
The number of vessels scheduled to arrive at the Port of Los Angeles next week is down by almost a third year on year.
US and China Holding Talks on Trade War, Trump Says After Beijing Rebuttal
Trump told reporters the US and China held talks on Thursday to resolve the trade war between the world’s two largest economies.