Trump

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…

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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,…

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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…

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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…

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Shein chairman says growth ‘remains strong’ despite tariff woes

Shein’s executive chairman, Donald Tang, has reportedly reassured shareholders that the company’s growth “remains strong”, even after the US removed…

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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…

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Today’s news in brief-13/2/25

Fast-fashion giant Shein is relocating some Chinese supplier operations to Vietnam to circumvent U.S. tariffs imposed during the Trump administration,…

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Shein to look to Vietnam to avoid Trump tariffs

Shein has asked some of its Chinese suppliers to set up production capacity in Vietnam in a bid to bypass…

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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…

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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…

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