Levi’s parent company to sell Dockers to Authentic Brands for $311 million
In order to concentrate on its flagship Levi's brand and Beyond Yoga sportswear line, Levi Strauss announced in October that...
Industry
Walmart acknowledges that Trump’s tariffs will cause price increases
Walmart's aisles, known for offering low and affordable prices, will soon reflect the cost of U.S. trade policy. The world's...
Nvidia supplier Foxconn cuts 2025 projections due to tariff effect
Despite reporting strong first-quarter earnings and projecting strong demand for artificial intelligence servers, Foxconn, a major supplier to Apple and...
Because of Trump’s tariffs, Mattel anticipates raising its prices in the United States
Mattel aims to boost the pricing of its products in the United States owing to the tariff policies of Donald...
Greg Abel, the dependable successor of Warren Buffett
Greg Abel, the next CEO of conglomerate Berkshire Hathaway, will start with the advantage of having the full confidence of...
Despite tariffs, Amazon merchants are stockpiling, but this is only a temporary solution
Amazon attempted to allay investor worries about how the Trump administration's tariffs might affect its online store, but given the...
Alsea signs an agreement with Chipotle to open locations in Mexico
Mexican firm Alsea said Monday it signed an agreement with U.S.-based Chipotle Mexican Grill to open restaurants in Mexico and...
Shein and Temu will boost prices under pressure from Trump’s trade restrictions
Temu, a Chinese online marketplace, and Shein, a fast-fashion retailer, will hike their prices next week as President Trump's crackdown...
Prada buys Versace for roughly $1.4 billion after Trump’s tariffs almost ruined the acquisition
Luxury fashion firm Prada Group has reached an agreement with Capri Holdings to acquire designer label Versace for $1.38 billion,...
Amazon’s CEO expects that retailers will pass the expense of tariffs on to customers
Amazon's chief executive officer (CEO) Andy Jassy suggested Thursday that third-party sellers will pass on the cost of tariffs to...
