With the summer deal season looming, Amazon one of the global leaders in online retailing, is facing many challenges as new tariffs are posing a threat for disrupting their supply chains. A universal 10% baseline tariff on all important goods along with 125% tariff hike specifically on Chinese imported goods is among these tariffs that pose a challenge. Amazon have a wide network of third-party ...
Forget Tariffs: Shein’s Temporary Price Cuts Offer Relief to Fashion Buyers
A temporary reduction of tariffs upon Chinese imports inspired Shein's recent price cuts in the US. This effectively provides relief to buyers who have been tightening their budgets due to rising costs. Some of Shein's prices have decreased by 13% within one week. This is a strategic move on Shein's part as they hope to win back some buyers who were deterred from shopping on the app by ...
3 American Fashion Brands Set to Boom as Tariffs Hit Foreign Competitors
The tariffs set by the US on imported items have been disruptive to the worldwide supply chain and have essentially changed the American fashion industry. The main goals of these tariffs are to protect local manufacturers, decrease dependency on imports from other countries, and bolster economic security as part of wider economic and geopolitical strategies. Although some have criticised these ...