E.l.f. Beauty Announces $1 Price Hike, Citing Inflation and Tariffs
E.l.f. will raise the price of its products by $1 starting in August 1, according to an Instagram post published on the brand’s account on Friday. “Not gonna lie, inflation and tariffs are hitting us hard,” read the announcement, written in Gen-Z-friendly language, with an emoji of a downward line
Birkenstock Plans Price Hikes to Offset Tariffs, Sees Strong Demand
German sandal maker Birkenstock plans to raise prices globally to fully offset the impact of the US tariff of 10 percent on European Union-made goods, chief financial officer Ivica Krolo said on Thursday, as the company’s sales beat expectations. Birkenstock makes its products at factories in Germany, which is subject
Walmart’s restored ‘basket fee’ unrelated to tariffs, company claims
In the tariff era, minor price fluctuations can be big news, and many people are quick to blame any price increase on tariffs. Just last night, Mashable fact-checked a false alarm about Microsoft raising some Surface laptop prices. Now, it’s Walmart’s turn. On April 30, Reuters reported that Walmart had
Peloton downplays tariffs and embraces AI
Peloton said it’s not sweating tariffs in its Q3 2025 earnings today, noting it is “predominantly a subscription business” while acknowledging that macroeconomic uncertainty could impact demand for its pricey bikes and treadmills. “During the period of GDP decline between 2008 and 2009, external data showed that us spend[ing] on
China Says US Should Revoke Unilateral Tariffs, Denies Talks
China demanded that the US revoke all unilateral tariffs and denied there were talks on reaching a trade deal, maintaining a defiant stance despite President Donald Trump’s recent easing of criticism of the country. “The US should respond to rational voices in the international community and within its own borders
PC shipments up 6.7% YoY in Q1 2025, likely caused by buyers worried about tariffs
Some 61.4 million PC units have been shipped worldwide in the first quarter of 2025, according to a report by Counterpoint. This is a 6.7% year-on-year increase (up from 57.5 million units), meaning an extra 4 million computers have been shipped in the same period compared to 2024. The report
Price Hike on Shein? How Trump Tariffs Could Shift the US’s Love of Fast Fashion
After a chaotic week of flip-flopping tariff policies, cheap clothes from China are nearly certain to face a steep price hike soon — prompting concern among fast fashion retailers and potentially pushing consumers to look for other alternatives. As part of a package of global tariff policies announced on “liberation
Trump exempts computers, smartphones, and more from tariffs
Amidst the flurry of tariffs imposed by the Trump administration over the last few weeks, we finally have some exemptions that should significantly impact the tech sector. While the initial reciprocal tariffs will remain for imports, U.S. Customs and Border Protection shared some new exemptions on tech-related goods. The update
Fashion Stocks Soar After Trump Pauses Tariffs on All Countries But China
Fashion stocks rallied Wednesday as US president Donald Trump pulled back on the most severe tariffs in his global trade war — with one big exception: China. With global markets in a tailspin, Trump said on his social-media platform, Truth Social, that he had authorised a 90-day pause on the
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom
The operator of Uniqlo, Japan’s Fast Retailing, is expected to post another quarter of strong earnings on Thursday, but the focus will be on how the global clothing chain navigates a trade environment thrown into disarray by new US tariffs. Fast Retailing is expected to post a 14 percent rise
