Indonesia Shoe Imports to US Face 19 Percent Tariff Rate
U.S. President Donald Trump‘s increase in trade pressures has resulted in a new deal with Indonesia, the first since he sent out the flurry of tariff letters last week. Trump…
Coresight Forecasts U.S. Back-To-School Retail Sales Up 3.3 Percent
Amid all the economic uncertainty, political divisiveness and global conflicts, retailers have something to look forward to — a decent back-to-school season this year. At least that’s the outlook from…
US-Vietnam Trade Deal For 20 Percent Tariff Has Unanswered Questions
The only certainty for the industry is that price inflation for shoes is still on the horizon, even with a new trade deal supposedly unfolding between the U.S. and Vietnam.…
Aurora James On Brother Vellies, Fifteen Percent Pledge, & Fast Fashion
Breezy small talk can become an impossible challenge for someone like Aurora James. Recently, she was at a dinner party in Los Angeles and found herself seated next to actor-screenwriter…
What a 55 Percent Tariff on Chinese Imports Means for Shoe Firms
In another twist and turn in President Donald Trump’s trade war, the U.S. and China have revealed the framework for a new deal that would see much lower-than-expected tariffs —…
4.5 Percent Increase in Q1 net sales
Ulta Beauty has lifted its full-year guidance after a better-than-expected first quarter. Net sales increased 4.5 percent to $2.8 billion in the first quarter ended May 3 compared to the…
British Luxury Exports 43 Percent Lower Due to Brexit, Says Walpole
LONDON — British luxury exports to the E.U. were on average 43 percent lower than they would have been without Brexit, said Walpole Monday in a fresh analysis on the…
Sales Were Flat as EBIT Fell 63.7 percent
A challenging macro environment is taking its toll on Puma, where sales were flat in the first quarter and profits tumbled in the double-digits. Sales rose 0.1 percent to 2.07…
Hugo Boss Q1 Revenues Dip 2 Percent
Organic sales at Hugo Boss fell 2 percent over the first quarter of this year to 999 million euros. “Our performance in the first quarter of 2025 was affected by…
Forecasts 9 Percent Drop in Sales in 2025
After scrapping its previous full year forecast, The Estée Lauder Cos. now expects sales to drop by as much as 9 percent in 2025, but sees a return to growth…