Trend retail’s tariff turmoil
As UK trend retailers grapple with mounting US tariffs and looming modifications to home customs guidelines, companies are being pressured to rethink sourcing methods, weigh up their presence within the US market and brace for a risky new period in international commerce.
Trend manufacturers and retailers predict 20% worth hikes amid tariffs
Trend manufacturers and retailers anticipate rising costs by a mean of 20% as a consequence of President Donald Trump’s tariffs, new knowledge exhibits.
Adidas says US tariffs will ‘finally trigger worth will increase’
Adidas delivered “better-than-expected” outcomes for the primary fiscal quarter of 2025, with working revenue rising to €610m (£519.6m) from €336m (£286.3m) 12 months on 12 months.
Shein ups US costs amid tariffs
Chinese language on-line market Shein has raised costs on merchandise for US clients.
Skechers ditches 2025 gross sales steerage as tariffs hit
Footwear model Skechers has withdrawn its 2025 gross sales steerage, blaming “macroeconomic uncertainty stemming from international commerce insurance policies”.
Commercial
Shopper confidence hits two-year low amid tariffs
The GFK client confidence index for April has fallen to its lowest degree since 2023 amid US president Donald Trump’s slew of commerce tariffs.
Retailers reward UK ‘de minimis’ rule evaluation: ‘a degree taking part in subject is crucial’
UK retailers react to the information that the UK authorities will evaluation the UK’s “de minimis” customs rule for imports beneath £135.
Asos ‘assured’ in US development amid looming tariffs
On the again of Asos’s interim monetary outcomes for the six months to 2 March 2025, CEO José Antonio Ramos Calamonte stated the enterprise is “ready for no matter that comes” amid impending US tariffs.
Shoppers rocked by doable commerce struggle
Shopper expectations of the state of the economic system over the subsequent three months dropped considerably to -48 in April, down from -35 in March, knowledge from the British Retail Consortium (BRC) and market analysis company Opinium exhibits.
Retailers welcome ‘de minimis’ customs evaluation
Retailers have welcomed information that the UK authorities will evaluation the UK’s “de minimis” customs remedy of low worth imports.
Commercial
Passenger pauses US enlargement amid tariffs
Quick-growing out of doors model Passenger has paused its US operations because of President Trump’s extra tariffs which have turned the US “from an incredible alternative to a dangerous proposition”.
Trump tariffs: what manufacturers ought to and shouldn’t do
As trend companies unravel the influence of Donald Trump’s sweeping tariffs amid an escalating US-China commerce struggle, Drapers speaks to provide chain and authorized specialists about what corporations ought to and shouldn’t do when navigating the worldwide buying and selling panorama.
