Latest in Government and Trade
Shein Fined 40 Million Euros for Fake Discounts by French Competition Authority
It's the latest blow for the Chinese brand in France, which is moving forward on an anti-ultra fast fashion…
Bridal Executives Travel to D.C. to Seek Exemption From Tariffs
Six representatives from the bridal industry will be meeting with government officials to make an appeal to…
Italian Fashion Associations Sign Protocol to Combat Worker Exploitation in Supply Chain
The memorandum of understanding in the works since June 2024 proposes the creation of a digital supply chain…
Tiptoeing Around Trump, Fashion Refines Trade War Rhetorical Style
Doing business in the "Art of the Deal" age is tricky, but retail and fashion companies are zeroing in on an…
Trump Threatens 50% Tariffs on EU, Rattling Markets
The tariff hike, if it went into effect, would make it more expensive to bring EU goods into the U.S. than…
Saudi Arabia’s Ambitions for the Next Generation of Creative Leaders
With the upcoming opening of Istituto Marangoni's Riyadh Campus, Burak Camak, CEO of the Saudi Fashion…
British Luxury Exports 43 Percent Lower Due to Brexit, Says Walpole Report
The new report calls on the British government to address trade barriers with the European Union, such as…
Trump Lashes Out at Walmart, Says the Retailer Should ‘EAT THE TARIFFS’
CEO Doug McMillon told analysts on Thursday that the company could not absorb all the price pressure from…
Italian Trade Agency Transforms Headquarters Into a Luxurious Home
The former Auchincloss House on East 67th Street was the site of this year's Italy on Madison event.
U.S. and China Hit 90-day Pause on Tariffs, Begin Trade Negotiations
From Wednesday, the U.S. will lower tariffs on Chinese goods from 145 percent to 30 percent, while China will…
Tariffs Will Drive Up Prices for All Contemporary Jewelers, Says Pandora CEO
Pandora CEO Alexander Lacik said that if new U.S. import tariffs come into effect, mid-price jewelers that…
USTR Says ‘Unfair’ Trade Practices Are Undermining U.S. Apparel and Textiles
Its grievances come at a time when the White House is dismantling programs meant to level the competitive…
White House Calls Amazon’s Reported Tariff Transparency Plans a ‘Hostile and Political Act’
Following reports that Amazon will begin showing consumers how tariffs play into the cost of goods, the White…
Shein ‘Welcomes’ Review of De Minimis Rule in Britain
The online giant, which is hoping to list on the London Stock Exchange, said it "wants to work with…
CBP Reveals Far Lower Tariff Revenue Than $2B Per Day Touted by Trump
While the president has said his tariff scheme is bringing in $2 billion a day in federal government revenue…