Luxury lifestyle products firm Ralph Lauren plans to raise prices to cover the cost of tariffs, saying the demand it is seeing from its high-end customers will support the move. “We are assessing additional pricing actions for fall 2025 and spring 2026 to mitigate the...
American business activity and sentiment improved in May but remain muted amid ongoing tariff turmoil. That’s according to the S&P Global flash May composite index, released Thursday (May 22) and showing expectations for future output improving following the lows seen in April. “However, they both remained historically subdued amid...
Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. This message may signal that the company’s second-quarter results may not show an improvement over the first quarter, when LVMH missed revenue estimates, Bloomberg reported Wednesday...
Amazon CEO Andy Jassy told shareholders during a virtual meeting Wednesday (May 21) that the tariffs the President Donald Trump administration imposed on imported goods have not affected sales. “We also haven’t yet seen any meaningful average selling price increases,” Jassy said, according to a...
May 23, 2025
Memorial Day may commemorate American sacrifice and the unofficial start of summer. But for Amazon and Walmart, it marks a critical moment in the retail calendar: a high-stakes, high-visibility opportunity to flex their respective strategic muscles. While both juggernauts share the goal of winning over consumers’ wallets, their tactics diverge sharply, shaped by their fundamental […]
May 21, 2025
Consumers are tightening their grips on their wallets — digital ones and the ones kept in pockets and purses — and yet eCommerce sales still are showing momentum, though the...
May 21, 2025
The past few weeks have been a roller coaster for consumers. Inflation is still a fact of life, tariffs have influenced what we buy, and from whom. Earnings season has...
May 19, 2025
In challenging times, businesses often need to tear up their old playbooks and write new ones. Today’s economy, with its hot-and-cold tariff warfare, qualifies as a challenging time and has...
May 22, 2025
Luxury lifestyle products firm Ralph Lauren plans to raise prices to cover the cost of tariffs, saying the demand it is seeing from its high-end customers will support the move. “We are assessing additional pricing actions for fall 2025 and spring 2026 to mitigate the potential impact of evolving tariffs,” Ralph Lauren Chief Financial Officer […]
May 22, 2025
American business activity and sentiment improved in May but remain muted amid ongoing tariff turmoil. That’s according to the S&P Global flash May composite index, released Thursday (May 22) and showing expectations for future...
May 21, 2025
Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. This message may signal that the company’s second-quarter results may...
May 21, 2025
Target reported a 3.8% decrease in comparable sales for the first quarter and said it expects to see a low single-digit decline in sales for fiscal 2025. “In the first...
