USA news and archive

What do the European import tariffs on American products mean for the fashion industry?

Trade relations between the European Union and the US have become more complex since President Donald Trump re-launched import tariffs. In retaliation, on March 12, the EU launched its own import tariffs to protect European businesses, workers, and consumers from the consequences of unjustified trade restrictions. These so-called ‘retaliatory...

People

Spanish jewelry firm Tous launches offensive in the US, names General Manager for the country

Madrid – As part of the implementation process of its new medium-term strategic plan, “GEM”, the Spanish multinational jewelry firm Tous has just officially launched a new and decisive offensive for the company’s growth in the United States, with the appointment of its first general manager for the country. A position that will be filled by...

BusinessMember

U.S. tariff crackdown hits Chinese fast fashion giants

Chinese fast fashion giants Shein and Temu are facing declining sales in the U.S. following Donald Trump’s renewed tariff measures targeting Chinese imports. Sales have dropped 16 percent and 41 percent respectively since Trump’s inauguration, driven by the elimination of the “de minimis” trade rule, which previously exempted goods under 800...

BusinessMember

Puma slows Chinese imports as imposed US tariffs take effect

Puma is sourcing more and more from suppliers in countries like Indonesia and Vietnam for the US market as the trade war between China and the United States intensifies, according to Arne Freundt, CEO. The CEO of the German sportswear brand revealed in an interview with Bloomberg that it is sourcing approximately 10 percent of the footwear...

BusinessMember

US Postal Service says suspending parcels from China

The US Postal Service (USPS) has said it is temporarily suspending inbound parcels from China and Hong Kong, evoking an angry accusation of "unreasonable suppression" from Beijing on Wednesday. The order follows US President Donald Trump's imposition of additional 10 percent tariffs on Chinese imports starting Tuesday. Minutes after they took...

BusinessFeaturedMember

Trump strikes, China counterattacks: A shock for the fashion and retail industry

Trade tensions between the United States and China are escalating as Beijing announces retaliatory measures in response to President Donald Trump’s decision to impose 10% tariffs on Chinese imports. The new Chinese countermeasures, which include tariffs on the energy, auto and technology sectors, as well as export restrictions on critical...

BusinessMember

The textile industry in Mexico and the US call for dialogue in the face of imposed tariffs

Mexico - On Saturday, February 1, US President Donald Trump signed an executive order imposing 25 percent tariffs on imported goods from Mexico and Canada and a 10 percent tax on China. This imposition of tariffs represents a challenge for all industries in Mexico due to the importance of the United States as a historical trading partner. In the...

BusinessMember

US retail sales up 3.8% this holiday season according to Mastercard SpendingPulse

This Christmas season proved to be a merry one for US retailers, with retail sales increasing 3.8 percent year on year from November 1 to December 24, according to insights from Mastercard SpendingPulse. "The holiday shopping season revealed a consumer who is willing and able to spend but driven by a search for value as can be seen by...

BusinessMember

LHCA supports the Congressional Slow Fashion Caucus

The Leather and Hide Council of America (LHCA) has pledged its support for the Congressional Slow Fashion Caucus, which hope to introduce “climate-smart politics to reduce, repair, rewear and recycle textiles”. Founded by district of Maine congresswoman Chellie Pingree, Washington district’s Marie Gluesenkamp Perez and California's Sydney...

Business|Interview FeaturedMember

AAFA president on the US election year, counterfeiting and conscious regulation

The US election is continuing to heat up, with voting day now visibly on the horizon. While at the forefront of debates are the policies and outlooks presented by political candidates, there is much behind-the-scenes work by industry representatives that goes well beyond the deadlines of ballot entries. For fashion, the American Apparel &...

BusinessMember

Gu launches in the US with e-commerce site and flagship store

Fast Retailing-owned Gu has made its first solid steps into the US with the launch of an e-commerce site, app and flagship store, located in New York City. The Uniqlo sister brand had initially tested the US waters back in autumn 2022 when it opened a pop-up store, allowing it to introduce its products to new customers and thus “greatly fuel...

BusinessMember

US congress launches Slow Fashion Caucus

Members of US congress have come together to create the Congressional Slow Fashion Caucus, through which they hope to introduce “climate-smart politics to reduce, repair, rewear and recycle textiles”. The caucus was founded by district of Maine congresswoman Chellie Pingree, Washington district’s Marie Gluesenkamp Perez and California's Sydney...