Shein plunges to £74m loss due to Trump tariff crackdown
Shein has swung to a £74m quarterly loss after changes to US import rules pushed up costs and dented sales in its largest market. The company fell into the red during the first…
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Shein has swung to a £74m quarterly loss after changes to US import rules pushed up costs and dented sales in its largest market. The company fell into the red during the first…
The legislation also puts a one-year pause on the new adoption of ESLs by retailers while the state studies the tech.
The US has officially returned to tariff-free trading for Scotch whisky in a move that has been met by much goodwill among the sector. The post Spirits industry responds to US…
“This is a good day for Scotland,” said the country’s first minister, as the US officially returned to tariff-free trading for Scotch whisky The post ‘Good day for Scotland’: US…
Products from the UK may qualify for exemptions if the concessions encourage compliance with forced labour standards
The US president has renewed a 10 per cent tariff on most goods imported from the UK, maintaining pressure on British retailers and consumer brands selling into the American…
Greenpeace has launched a legal challenge to force meat giant JBS disclose details on its plans to invest in Nigeria. The post JBS Nigeria plan central to Greenpeace court bid…
The UK–India Free Trade Agreement has reduced India’s tariff on Scotch whisky from 150% to 75%, giving producers greater access to the world’s largest whisky market. The duty is…
France's competition watchdog has approved the proposed merger of agricultural cooperative groups Euralis and Maïsadour.
Spirits Canada is urging its provincial governments to work with the US to stop the 50% tariffs on Canadian alcohol going ahead The post Canadian spirits ‘uniquely vulnerable’ to…
The Competition and Markets Authority (CMA) has begun seeking views on McCormick’s proposed combination with Unilever’s food business. The UK competition watchdog opened an…
The US has announced plans to impose a 50% tariff on a range of Canadian goods including alcohol and dairy products. The post US lines up 50% tariff on alcohol, dairy from Canada…