Hugo Boss reroutes products made in China to non-US markets due to tariffs

By Bloomberg Published May 6, 2025 Hugo Boss AG is rerouting products made in China to non-US markets, in another sign of how President Donald Trump’s tariff war is reshuffling global trade. See catwalkBoss – Spring-Summer2025 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight Chinese-made apparel currently accounts for about 4% of Hugo Boss’s US […]

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Shein’s London IPO stalled amid US tariff fallout

By Bloomberg Published May 3, 2025 Shein Group Ltd.’s initial public offering plan has slowed to a crawl as the retailer assesses the impact of US tariffs on its business and awaits regulatory approvals, according to people familiar with the matter.  Shein- Facebook Enthusiasm for what could be London’s biggest IPO in years has been […]

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China’s e-commerce giants are putting up a fight

By Bloomberg Published April 28, 2025 China’s e-commerce players are perhaps the most exposed to the trade war, the exception to arguments that the country’s tech sector will be able to weather the storm.  Bloomberg If President Donald Trump’s tariffs hold, it would be devastating for the business models of PDD Holdings Inc.’s Temu, Shein, Alibaba Group Holding Ltd.’s international retailers, and […]

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Reliance focuses on fashion quick commerce for growth

Reliance Retail is focusing on increasing its market share of India’s swift growing quick commerce sector and its business Ajio has launched fast delivery services across 26 Indian cities.  Ajio retails a wide array of ethnic and western wear – AjioLife Women- Facebook Fashion and lifestyle e-commerce platform Ajio’s quick commerce services are now available […]

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Shein’s tariff-busting shift hits home in Chinese factory hub

By Reuters Published April 16, 2025 The rapid rise of ultra-fast fashion retailer Shein has been so key to the fortunes of a group of urban villages on the outskirts of China’s southern metropolis of Guangzhou that they have been colloquially dubbed “Shein villages”. Reuters Shein was able to become a behemoth selling over $30 […]

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Shein, Temu to hike prices under pressure from Trump’s trade policies

By Reuters Published April 16, 2025 Chinese online marketplace Temu and fast-fashion retailer Shein will raise prices on their products next week as President Trump’s crackdown on low-value imports and sweeping tariffs increase expenses for the companies known for their low-priced offerings. Reuters In letters to customers this week that mirror each other, both firms […]

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Moncler’s first-quarter revenue beats expectations as Asian demand holds up

By Reuters Published April 16, 2025 Italian luxury outerwear group Moncler on Wednesday reported a stronger than expected 1% increase in revenue in the first quarter thanks mostly to direct-to-consumer sales and Asian demand. Moncler Revenues for the three months to the end of March totalled 829 million euros ($944 million), ahead of a company-provided […]

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Shein reportedly reevaluates Reliance deal amid global trade tensions

Fast fashion retailer Shein is reportedly reassessing the scope of its sourcing partnership with Reliance Retail Ventures Limited. As trade tensions rise globally amid new US import tariffs, Shein may increase its focus on domestic manufacturing in China.  Shein is known for its trend driven fast fashion – Shein- Facebook Shein may revaluate the Reliance […]

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Forever 21 creditors face large losses under bankruptcy plan

By Reuters Published April 16, 2025 Suppliers, vendors and other unsecured creditors of Forever 21 are “getting smoked” under a restructuring plan that envisions paltry recoveries on debts owed by the bankrupt fast fashion retailer, a lawyer for the company’s unsecured creditors said on Tuesday. Forever 21 At a virtual hearing before a Delaware-based U.S. […]

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Trump makes good on threat of far-reaching tariffs; fashion and retail industries react

Liberation or decimation? While the 47th President of the United States is often seen as mercurial in his decision-making and penchant for threats, Donald Trump made good on a promise to impose further tariffs, this time mainly reciprocal to U.S. trade partners. In the first 48 hours of the announcement, stocks plummeted, and affected countries, […]

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