Donald Trump
This coverage examines how Donald Trump’s policies, statements, and international influence intersect with the UK retail sector. Reporting focuses on trade implications, tariff developments, consumer sentiment shifts, and geopolitical events that affect retail supply chains, market confidence, and strategic planning. Content is curated for professionals navigating the impact of global political leadership on UK retail operations, investment, and cross-border commerce.
-
Sep- 2025 -3 SeptemberLuxury Goods
Watches of Switzerland on track to meet guidance despite tariff woes
Watches of Switzerland (WOS) has revealed it is on track to deliver a “good” H1 FY26 in line with its expectations despite the impact of Donald Trump’s tariffs. The company stated that it saw consistently strong trading throughout the period, particularly in the US despite the announcement of increased tariffs…
Read More » -
Aug- 2025 -29 AugustSupply Chain
Evri US deliveries up 30% as competitors suspend shipments
Evri has revealed that its deliveries in the US have risen 30% as various global postal services announced they would be suspending their US operations after the removal of the de minimis exemption. The exemption, which allowed packages worth under £593 ($800) to be free from taxes and duties, officially…
Read More » -
13 AugustClothing & Shoes
Claire’s on brink of collapse, 2,150 jobs at risk
Claire’s has appointed administrators in the UK as the jewellery retailer nears collapse, with around 2,150 jobs at risk. Interpath Advisory confirmed that Will Wright and Chris Pole have been appointed as joint administrators, and will “assess options for the business” while all stores continue trading. They will seek a…
Read More » -
Jul- 2025 -29 JulyFeatures
Claire’s on the brink: can the chain avoid another collapse?
For decades, Claire’s has been the go-to destination for sparkly earrings, scrunchies and ear piercings – a rite of passage for generations of teenagers. But the glitter is starting to fade. The jewellery and accessories retailer, which operates nearly 300 shops in the UK and more than 2,300 worldwide, has…
Read More » -
14 JulyHigh Street
Claire’s drafts rescue plan as it faces UK store closures
Jewellery and accessories retailer Claire’s has reportedly brought in advisers to draw up a rescue plan amid fears it may be unable to repay a $480m (£355m) loan that is due in December 2026, according to The Telegraph. The company, which operates nearly 300 shops in the UK and more…
Read More » -
Jun- 2025 -27 JuneSport & Leisure
Nike posts lowest sales in years as it warns of $1bn tariff hit
Nike has seen fourth quarter revenues fall by 11% to $11.1bn (£8.08bn), its lowest sales figure since Q3 in 2022, as it warned that Trump’s tariffs could cost it an extra $1bn (£730m). In its final quarter, the sportswear retailer also saw net income plunge 86% to $211m (£530.6m). In…
Read More » -
May- 2025 -29 MayEconomy
US trade court blocks Trump’s tariff changes
The US Court of International Trade has deemed Donald Trump’s tariff changes “illegal”, which could see the president’s controversial global trade policy get blocked. According to the New York-based trade court, an emergency law initiated by the White House did not grant the president the sole power to levy tariffs…
Read More » -
15 MayEconomy
UK economy grows by more than expected 0.7% in Q1
The UK economy performed better than expected in the first quarter of the year, with GDP growing by 0.7% between January and March, following a 0.1% rise the prior quarter. This was ahead of analysts’ expectations, who had forecast a growth of 0.6% for the period. According to the Office…
Read More » -
9 MayFeatures
Why is Rachel Reeves reviewing the Low Value Import Scheme?
The global economy is currently experiencing turbulent times as a result of Donald Trump’s trade war. Currys CEO Alex Baldock, alongside a number of other retail CEOs, recently warned that more Chinese products could “flood” the UK and Europe market through platforms like Temu, Shein and Amazon, as a result.…
Read More » -
9 MayEconomy
UK agrees trade deal with US but 10% tariff remains
The UK and the US have reached a “first-of-a-kind” trade agreement, under which the US will slash tariffs on UK carmakers, steelworks and farmers – protecting jobs and providing stability for exporters. According to the trade deal, car export tariffs will reduce from 27.5% to 10% – saving hundreds of…
Read More »