United States news and archive

Swiss watchmakers halt US shipments awaiting lower tariffs

Zurich, Switzerland – Swiss watch exports to the US plummeted again in November, as manufacturers delayed shipments in anticipation of a tariff reduction to 15 percent. According to data from the watchmaking federation published on Thursday, exports to the US fell by 52.3 percent in November. This follows declines of 46.8 percent in October,...

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Nextil welcomes Maxum to capital structure, launches circular fashion vertical NextGreen

Madrid – Nextil Group continues its journey towards growth and improved profitability. The Spanish textile multinational has announced a new strategic agreement with US-based Maxum International Group. This binding partnership strengthens existing ties between the two companies. It guarantees support for the launch and growth of NextGreen, a new...

Retail

British brand Boden opens first brick-and-mortar store in Georgia

British fashion label Boden has finally crossed a long-anticipated milestone: the opening of its very first standalone store in the United States. The 2,000-square-foot shop, located at 5165 Avalon Boulevard in Alpharetta, Georgia, opens a new chapter for the catalog-born retailer as it brings its cheerful, quintessentially British vibe to...

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Retail

Inditex expands US presence with new Zara store in Las Vegas

Madrid – Just over two and a half years have passed since Inditex first mentioned its development strategies for Las Vegas. The Spanish fashion multinational has now announced the opening of a new Zara flagship store in the city popularly known as 'Sin City'. The establishment has already opened its doors in the iconic Caesars Palace hotel. The...

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US tariffs spark concern in India's textile capital

Tiruppur, India - The roar of sewing machines has given way to an unusual quiet in the textile factories of Tiruppur, in southeastern India. Since the tariffs on Indian exports was imposed by Donald Trump at the end of August, most have been operating at a reduced capacity. “US orders are almost at a standstill,” notes a disappointed Ramesh...

Retail

Uniqlo plots US retail expansion, with 11 new openings in the pipeline for 2026

Japanese apparel retailer Uniqlo is strengthening its retail presence across the United States, as it announces 11 new openings across the nation for spring/summer 2026. The fashion giant announced that it is “prioritizing purposeful growth in key markets” in the country, with flagship stores set to open in Chicago and San Francisco, and four...

Fashion

Fashion takes centre stage in latest meeting between Trump and Zelenskyy

Madrid – During a meeting at the White House on Monday, August 18, 2025, between Ukrainian President Volodymyr Zelenskyy and U.S. President Donald J. Trump, fashion once again served as a tool of political communication. As the two leaders met to negotiate an end to the war between Russia and Ukraine, Zelenskyy's attire became a key topic of...

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US-EU Ttade agreement reached, aims for stability amidst uncertainty

Madrid – After months of intensive negotiations, representatives from the United States government and the European Union have successfully concluded a new trade and tariff agreement. European Commission President Ursula von der Leyen hailed the pact, stating it "creates certainty in uncertain times" and offers "stability and predictability for...

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Growth of Chinese economy slowed in april

The growth of the Chinese economy in April did not meet analysts' expectations. Retail sales growth and production growth in the country were lower than previously expected, according to Reuters and AP News. A major reason cited was the increase in import duties between the US and China since the beginning of April. Retail sales growth amounted...

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Hermès to increase prices in US to offset 10 percent tariff

Paris - French luxury group Hermès is set to increase its prices in May in the US to offset the 10 percent tariff. The company also reported an 8.5 percent increase in turnover in the first quarter of 2025. Hermès, which on Tuesday ousted its rival LVMH as the leading French stock market capitalisation, will “fully offset” the impact of the 10...

Retail

US retail sales pick up pace in September

Washington - Retail sales in the United States accelerated in September, according to government data released Thursday, a positive sign for consumption as the election approaches. Overall sales rose 0.4 percent to 714.4 billion dollars (549.8 billion pounds) between August and September, according to Commerce Department data, beating analysts'...

Retail

Sunspel continues US retail push with new store opening in Los Angeles

British luxury brand Sunspel is continuing its retail expansion in the US with a new store opening in sunny Los Angeles. Located at 3312 Sunset Boulevard in Silver Lake, the latest store opening sees the brand build on the success of its first West Coast store, which opened in November 2023 in Marin Country Mart, north of San Francisco. Marking...