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Next and Frasers said to be in running for Seraphine rescue deal

Following Seraphine’s descent into administration last week, speculation over potential saviours are beginning to swirl. Among them, British retail giants Next and Frasers Group are said to be frontrunners in potential deals to rescue the maternity wear brand. According to sources for Drapers, dubbed “several industry veterans”, the two firms...

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Trump announces 30 percent tariffs on EU imports

US president Donald Trump intends to impose a 30 percent tariff on imports from the EU from August 1, 2025. The Republican announced this on his platform Truth Social. In a published letter to European Commission president Ursula von der Leyen, Trump threatened further tariff increases in the event of countermeasures. Mexico also received a...

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