By Reuters Published April 3, 2025 Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust – but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers. Reuters U.S. President Donald Trump ramped up his trade war against the globe on Wednesday…
By Reuters Published April 3, 2025 As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up. Reuters Amazon and, separately, a consortium led by OnlyFans founder Tim Stokely are the latest to throw their hats into the ring for TikTok. The site faces an April 5…
By Bloomberg Published April 2, 2025 The world’s largest footwear and apparel companies are facing a shock to their supply chains after President Donald Trump announced new tariffs on Vietnam and other critical production hubs. Nike The US imposed a 46% reciprocal tariff rate on Vietnamese goods on Wednesday as part of Trump’s growing trade…
Antler has enjoyed success over the past three years and hit annual sales of £45 million, but now the British travel brand has set its sights on further growth to become a £100 million brand by fiscal 2029. Antler That will involve continued investment in “brand, product, and people” with further expansion into new categories…
Translated by Nicola Mira Published April 2, 2025 Trussardi has unveiled its new face. The Italian label, acquired by Italian textile group Miroglio in March 2024, is turning over a new leaf with a first collection of evergreen clothes and accessories characterised by a sleek, elegant and functional style, inspired by the label’s archives and…
The LVMH Prize has revealed the names of eight finalists in this year’s edition, as three UK-based designers enter the final round of the prestigious award. This year’s finalists in the LVMH Prize 2025, with the final in Paris on September 3 – Prix LVMH The eight were selected from a group of 20 semi-finalists…
By AFP Translated by Roberta HERRERA Published April 2, 2025 Two potential buyers, including one backed by the French government, have come forward to acquire Le Coq Sportif, the French sportswear brand currently under judicial reorganization. In an effort to facilitate the sale, the Grand Est region has agreed to write off 50% of the…
Luxury leather goods and stationery retailer Frank Smythson has filed its accounts for the year to the end of last March and said that its business improved. That came as the economic situation in the UK and globally showed signs of recovery from the disruptions caused by the pandemic and despite the fact that challenges…
Kurt Geiger has shone the spotlight on the graduating class from its Business by Design Academy (BBD) and also announced an expansion of the programme. Some of the 2025 Geiger graduates BBD is its fully-funded career incubator for young creatives and from this autumn, it will become fully digitised, “opening access to young people across…
Christian Louboutin’s infamous red sole is the stuff of footwear industry lore; the designer used nail polish to paint the soles of his sexy stilettos to make the shoe stand out at an early trade show. The new campaign for Christian Louboutin eyewear – Courtesy This tidbit helped inspire the brand to branch out into…