Coronavirus
Tariffs, Tech, Trade, Coronavirus: What’s Keeping Footwear Execs Up at Night
Amid concerns about tariffs, trade and the coronavirus, footwear execs at the Footwear Sourcing show debated…
Columbia Sportswear Tops $3B in Annual Sales for First Time
Columbia Sportswear Company had a record year in 2019, with sales surpassing the $3 billion mark for the…
China Halves Tariffs on US Imports Amid Coronavirus Strain
China has agreed to halve tariffs on US goods as it looks to maintain a sense of 'business as usual' amid the…
Consumer Optimism Holds Steady, But Virus Remains a Threat
Consumer spending fuels U.S. economic growth, with 2020 U.S. GDP growth at 2 percent, matching Q1 but…
In India, ‘Apparel Sourcing Week’ Rescheduled Due to Coronavirus
The sourcing event highlighting Indian retail and Asian manufacturers was slated for mid-February, but is…
Bushfires, Coronavirus Threaten Australian Retail
The Wuhan Coronavirus has only added to Australia's summer horribilis.
Estée Lauder Lowers Guidance Due to Coronavirus
The business also recorded a $777 impairment charge for Too Faced, Becca and Smashbox, reflecting slowdowns…
Coronavirus Threatens to Ground Air Cargo Growth After Worst Year in Decade
Inbound shipments to China are starting to congest facilities, while outbound shipments could face reduced…
What the Outbreak Could Mean for Cotton and Polyester Prices
Data and analytics firm Wood Mackenzie said similar to the SARS crisis in 2003, polyester demand may weaken…
Versace Pledges Donation to Chinese Red Cross Foundation
The Italian brand joins other luxury companies in supporting the fight against the coronavirus.
Nike Piles Onto Slew of China Store Closings as Coronavirus Brings Nation to its Knees
The temporary shutdown is likely to have a material impact on operations in the region, Nike said.
Virus Travel Ban Keeps 60% of Chinese Vendors Out of Sourcing at Magic
Attendance at Sourcing at Magic was noticeably lower than usual Tuesday.
Ralph Lauren the Latest to Close China Stores Amid Virus Outbreak
Ralph Lauren Corp.'s third-quarter results tops estimates, but the coronavirus outbreak raises…
China Sourcing, Shipments Face ‘Severe Disruptions’ Amid Coronavirus Epidemic
Coronavirus emerged from a manufacturing hub in China, and the quickly spreading virus has a death grip on…
Luxury Spending, Phase One Trade Deal Could Be the Coronavirus’ Next Victims
Luxury retail will not be immune to the effects of the fast-spreading coronavirus, which could upend the…