Trump’s sudden 100% tariff on Chinese imports, effective Nov. 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.
De Beers Launches Major Industry-Wide Campaign To Promote Natural ‘Desert Diamonds’
De Beers launched its largest diamond campaign in a decade to promote “Desert Diamonds,” natural colored stones, emphasizing rarity, uniqueness and connection to nature.
Fashion Retailers Risk $5 Billion Loss As The ‘Ozempic Effect’ Shifts Sizing Demand
Use of GLP-1 drugs is causing a rising demand for smaller sized clothing. A study warns U.S. retailers are risking $5 billion from misaligned inventory by 2027.
Secondhand Surge: Thrift and Online Resale Go Mainstream
The US secondhand apparel market, from thrift stores to online resale, is booming, fueled by economic pressures, a desire for unique items, and environmental concerns.
Cyberattacks Ratchet Up Against Luxury Brands: Kering Is The Latest Victim
French luxury conglomerate Kering, parent of Gucci, Saint Laurent and Balenciaga, confirmed a data breach that puts millions of customer records at risk.
