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.
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Apr- 2025 -7 AprilEconomy
Trump calls tariffs ‘medicine’ amid market turmoil
US president Donald Trump has called his newly-announced tariffs “medicine” as he showed no signs of reversing them. Speaking to reporters on Sunday (6 April) aboard Air Force One, Trump warned that governments would have to pay “a lot of money” to lift sweeping tariffs. He said: “I don’t want…
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Mar- 2025 -24 MarchNews-In-Brief
Today’s news in brief-24/3/25
Harrods is nearing the finalisation of compensation payments for victims of sexual abuse by its former owner, Mohamed al Fayed, who died in 2023. According to draft terms seen by Sky News, some claimants could receive over £300k, depending on whether they opt for a psychiatric assessment. Those choosing the…
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24 MarchTechnology
Ocado scales back diversity targets amid DEI crackdown
Ocado has scaled back its diversity targets following a wider rollback of diversity initiatives in the corporate world, The Telegraph has reported. The company’s goal of having 10% of senior management roles be held by people from ethnic minorities has been pushed back to 2030, behind its previous target of…
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Feb- 2025 -24 FebruaryOnline & Digital
Shein profits falter ahead of planned London IPO
Shein’s profits reportedly dropped by 40% to $1bn (£791m) in 2024 as the online retailer suffered a difficult final quarter and battled competition from rival Temu, According to the Financial Times According to two people who spoke to the paper, sales for the full year increased by 19% to $38bn…
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14 FebruaryFeatures
How Trump’s tariffs could affect UK retailers
US President Donald Trump has spent his first few weeks in power threatening to and actioning a number of moves which affect imports into America. While most of this has been focused upon Canada, Mexico and China it could have wide ranging effects across the globe. Trump is embarking on…
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11 FebruaryNews-In-Brief
Today’s news in brief-11/2/25
Fast fashion giant Shein has scrapped plans to open a UK warehouse in the Midlands, initially intended to support its anticipated £50bn London Stock Exchange listing. The company had explored sites in Derby, Coventry, and other locations but confirmed no immediate need for a UK facility. The decision follows mounting…
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11 FebruaryClothing & Shoes
Shein abandons UK warehouse opening amid London listing uncertainty
Fast fashion group Shein has reportedly abandoned plans to open a warehouse in the Midlands, according to The Telegraph, as its plans for a London IPO continues to face difficulties from the EU and the US. The search for a UK warehouse was thought to started as a way for…
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5 FebruaryHealth & Beauty
Estée Lauder to axe up to 7,000 roles amid restructuring plan
Estée Lauder has revealed its plans to cut up to 7,000 roles globally as part of its latest cost-cutting plan, as the cosmetics retailer braces for tariff increases sparked by US President Donald Trump. It comes as net sales fell by 6% to $4bn (£3.2bn) during the second quarter ended…
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4 FebruaryNews-In-Brief
Today’s news in brief-4/2/25
Shein’s planned £50bn London IPO is under threat due to potential US tariff reforms and ongoing allegations of forced labor in its supply chain. Former President Donald Trump’s proposal to eliminate the ‘de minimis’ tax rule—which allows duty-free imports of small packages under $800 from China, Canada, and Mexico—could significantly…
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4 FebruaryOnline & Digital
Shein’s London float in danger as Trump tariffs target US tax loophole
Shein’s £50bn London IPO plans could be in danger after Donald Trump set his sights on closing a tax loophole that allows retailers like Shein to avoid tax charges in the US.Trump is set to scrap the ‘de minimis’ rule, which allows small packages worth less than $800 (£645) to…
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