The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would take a big toll on the U.S. economy.
Lifestyle accessories retailer Tapestry benefited from a strong first quarter performance by its Coach brand, but its Kate Spade banner turned in weak results.
While there are some crumbs of comfort in the latest results from Under Armour, the numbers still give the impression of a brand that has run out of steam.
