The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The 25 percent tariff on goods including cashmere jumpers, swimwear and anoraks was first introduced by the US in late 2019, the result of a 16-year-long dispute between the US and European Union over aircraft subsidies for industry rivals Airbus and Boeing.
Measures to suspend the tariffs for four months will come into force March 8, backdated to March 4. Meanwhile, the UK Fashion & Textile Association will continue to work with the Department of International Trade to reach a permanent solution, CEO Adam Mansell said in a statement.
This week’s round-up of global markets fashion business news also features Latin American mall giants, Nigerian craft entrepreneurs and the mixed picture of China’s luxury market.
Resourceful leaders are turning to creative contingency plans in the face of a national energy crisis, crumbling infrastructure, economic stagnation and social unrest.
This week’s round-up of global markets fashion business news also features the China Duty Free Group, Uniqlo’s Japanese owner and a pan-African e-commerce platform in Côte d’Ivoire.
Affluent members of the Indian diaspora are underserved by fashion retailers, but dedicated e-commerce sites are not a silver bullet for Indian designers aiming to reach them.