Business

Trump wants 50 percent tariffs on EU goods from June

In a trade dispute with the European Union, US president Donald Trump advocated for punitive tariffs of 50 percent. He wrote on his online platform, Truth Social, that this levy for goods from the EU should come into effect on June 1. “There are no tariffs if the product is built or manufactured in the US,” he added. Trump wrote that ongoing...

loading...

Member
Business|Interview Member

How ANDAM winner Losanje makes textile upcycling a profitable business model

French start-up Losanje, founded by Simon Peyronnaud and Mathieu Khouri, winner of the ANDAM 2025 Fashion Innovation Award, established itself as a key player in textile upcycling. Thanks to its proprietary technology and an integrated approach, Losanje succeeded in making upcycling economically viable and, ultimately, scalable. A year after our...

loading...

BusinessMember

The Platform Group confirms annual forecast: strong growth in first quarter

The Platform Group AG (TPG) achieved revenue growth in the first quarter of the 2025 financial year. The e-commerce group, which also includes luxury online retailer Fashionette, attributed this primarily to the growth of its affiliated partners and the expansion of its platform and software solutions across 26 sectors. TPG announced on Friday...

loading...

Retail

Retail footfall divides as off-price gains and department stores tread water

As earnings season advances and retailers prepare to disclose Q1 results, a mixed picture is emerging from the U.S. apparel sector, with foot traffic patterns revealing the mounting tension between value-driven shopping and the waning allure of traditional department stores. According to newly released data from Placer.ai, high-street and...

loading...