Category : Search result: luxury goods tariffs


Dick's Sporting Goods to Close Foot Locker Stores

Dick's Sporting Goods announces Foot Locker store closures following its $2.4 billion acquisition. Executive Chairman Ed Stack calls it an 'unavoidable reset'. Read the latest updates.

Luxury sales fall as shoppers reject price hikes

Global personal luxury goods sales are forecast to drop 2% in 2025, marking the first two-year decline since the financial crisis. Discover why affluent shoppers are turning away from premium brands.

Criminals steal £111m in goods from UK haulage firms

Organised crime gangs are buying haulage firms using stolen identities to steal lorry loads of parcels, costing the UK £111m last year. Discover how this sophisticated freight crime impacts consumers.

Aston Martin profit warning over Trump tariffs

British luxury car manufacturer Aston Martin faces significant financial headwinds from Trump-era tariffs and supply chain issues, prompting profit warnings and strategic reviews.

Trump tariffs threaten Christmas festival cancellations

Traditional Sinterklaas celebrations in Rhinebeck and beyond could be cancelled as Dutch organisers struggle with soaring costs from Trump's aluminium and steel tariffs, putting festive traditions at risk.

UK smashes world record with £15m fake vape seizure

In the largest seizure of its kind worldwide, UK Border Force and Trading Standards have intercepted over £15 million worth of illegal e-cigarettes containing dangerous substances, uncovering a sophisticated criminal network flooding Britain with counterf

Trump threatens 25% tariffs on Canadian steel

Former President Donald Trump threatens to reignite trade tensions with a 25% tariff on Canadian steel, risking collateral damage to UK manufacturing and global supply chains.

Gold rush drives UK retail sales to three-year high

British retail sales surged to their highest level in three years as consumers flock to gold investments and luxury goods, offering unexpected economic resilience despite ongoing cost-of-living pressures.

Trump Tariffs Target Mattel: Barbie Price Hike Fear

Former President Donald Trump's proposed 10% universal tariff could significantly increase costs for toy giant Mattel, potentially making Barbie dolls and other popular toys more expensive for UK consumers.

Avoid Vinted Scams: Spot Fake Goods Guide

Expert guide reveals the red flags for counterfeit items on Vinted, Depop and eBay. Learn essential safety tips to protect your money when shopping second-hand online.

Ferrari cuts UK cars as wealthy flee tax raids

Luxury car manufacturer Ferrari dramatically reduces British allocations as high-net-worth buyers relocate abroad following Labour's proposed tax increases on luxury goods and non-doms.

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