Trump’s tariff pause leaves CEOs puzzled about what happens in 90 days

By Reuters Published April 10, 2025 U.S. President Donald Trump‘s sudden about-face on sweeping import tariffs did little to soothe companies’ worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains. President Donald Trump – White House In a stunning reversal, the president said on […]

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Clothing retailers delay orders, freeze hiring as tariffs hit

By Reuters Published April 9, 2025 Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect Wednesday on products imported from Vietnam and China. DR These businesses, much like Nike, opens new tab and Lululemon, opens new tab, face an impossible choice: offset the cost of tariffs […]

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Nike, Lululemon soar as Trump touts productive call with Vietnam

By Bloomberg Published April 7, 2025 Shares in companies that have large manufacturing operations in Vietnam, including Nike Inc. and Lululemon Athletica Inc., soared Friday  Nike Nike shares erased an earlier loss to gain as much as 5.9%, while On Holding AG and Skechers USA Inc. also rose more than 6% each. Lululemon Athletica shares […]

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Skechers signs Kiki Iriafen and Misa Rodríguez

Skechers has added University of Southern California basketball standout Kiki Iriafen to its Skechers Basketball roster, while simultaneously welcoming Misa Rodríguez, goalkeeper for Real Madrid CF and 2023 World Cup champion, to its Skechers Football family. USC forward Kiki Iriafen. – Skechers Iriafen, expected to be a top pick in the upcoming 2025 WNBA Draft, […]

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Skechers reports record-breaking annual sales of $8 billion

U.S. footwear firm Skechers announced on Thursday record-breaking revenues in 2023, up 7.5% to $8 billion, on the back of another strong quarter ending December 31 thanks to a rebounding Asia-Pacific market. Skechers Fourth quarter sales increased 4.4% as a result of a 6.9% increase internationally and a 0.3% increase domestically. Direct-to-consumer increased 20.3% and […]

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