Tariffs
This coverage examines the impact of tariffs on the UK retail sector, with analysis of trade policies, import duties, and their implications for supply chains, pricing strategies, and profitability. Reporting addresses changes in international trade agreements, disputes, and government measures, helping retail executives and managers navigate cost pressures, adapt sourcing decisions, and mitigate risks associated with evolving tariff regimes.
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Apr- 2025 -28 AprilClothing & Shoes
Tariffs force Sketchers to withdraw 2025 sales guidance
Sketchers has announced that due to “macroeconomic uncertainty stemming from global trade policies”, the company is not providing financial guidance at this time and is withdrawing its annual 2025 guidance. The news comes as the group reported a 7.1% increase in sales to $2.41bn (£1.81bn) in Q1 2025, as a…
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23 AprilFeatures
How the US tariffs could redefine the future of UK retail
The UK retail industry is bracing for disruption as the US prepares to enforce a sweeping set of tariff increases, marking what experts are calling the most consequential shift in global trade policy in over a century. With economic, operational and consumer-facing impacts already being felt, British retailers must now…
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16 AprilEconomy
Inflation falls more than expected to 2.6% in March
Inflation has fallen more than expected to 2.6% in the 12 months to March 2025, down from the 2.8% rise in February, driven largely by a fall in petrol prices. According to the ONS, the largest downward contributions came from recreation and culture and motor fuels, with a further large…
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Dec- 2020 -11 DecemberGovernment
No-Deal Brexit could see UK face £3bn tariff ‘bombshell’
The British Retail Consortium (BRC) has warned that UK supermarkets and their customers could face a £3.1bn tariff “bombshell” on groceries unless a Brexit deal is agreed with the EU in the coming days. The trade body warned that without a deal, this increase in tariffs will “leave retailers with…
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Mar- 2019 -5 MarchComment
What will a no-deal Brexit mean for retail?
We’re now just one month away until Britain leaves the European Union and we appear no closer to knowing whether we’ll be departing with a deal or without one. One sector which is set to bear the brunt if we leave without a deal is retail. In a report by…
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Feb- 2019 -21 FebruarySupply Chain
UK and Ireland retailers warn of no-deal tariffs
With just 36 days until the UK leaves the EU the leading retail bodies in Ireland, Northern Ireland and the United Kingdom have said a no-deal Brexit could have “devastating consequences”. The British Retail Consortium (BRC), Northern Ireland Retail Consortium (NIRC) and Retail Ireland have issued a joint statement highlighting…
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