While China has raised import duties on several categories of U.S. goods, it lowered tariffs on apparel, cosmetics, household goods and jewelry, which could see these industries thrive, according to Cowen and Company.
The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show.
Luxury handbag maker Hermes International expects first-half operating profits close to the record level reached last year, as Hermes posted solid second quarter sales that augured well for the rest of the luxury sector.
Singapore on Thursday ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the third country to adopt the Asia-Pacific trade pact renegotiated by 11 countries after the U.S. rejected it.
Steinhoff said on Thursday that around 90% of creditors for several subsidiaries supported an agreement to hold off debt claims for three years, an important step in restructuring the scandal-hit South African retailer.
The Deckers Brands labels announced on Thursday that they have entered into a partnership with Camber Outdoors, an organization dedicated to promoting corporate diversity and women’s leadership within the outdoor sector.
Despite lauding itself as a family-friendly company, Estée Lauder has settled a discrimination lawsuit filed by the Equal Employment Opportunity Commission (EEOC) for paternity bias on behalf of new fathers for $1.1M.
The New School's Parsons School of Design and Project announced their list of designers for the SS19 edition of their "Next in Class" program to give wholesale exposure to a select group of recent MFA and BFA graduates.
A California-themed pop-up has hit the Sardinian town of Porto Cervo with LA-brands Elder Statesman, Nick Fouquet and No.One setting up at The Supermarket for its inauguration in the seaside resort this summer.