Abercrombie & Fitch warns of ‘adverse’ tariff impactAbercrombie & Fitch reported a wider second-quarter loss amid flagship closing costs and cut its full-year sales forecast citing the “direct adverse impact” it expects tariffs to have on the cost of merchandise. Tariffs could represent one of ‘largest tax increases’ in U.S. historyMore than 200 American footwear companies have signed a letter to President Trump urging him to cancel the upcoming tariffs on shoes that are set to take effect on Sunday. McDonald’s to roll out anti-harassment employee training initiative McDonald’s USA will launch an expansive training initiative for its U.S. employees and store managers to support a “professional, safe and respectful workplace.” Luxury fashion platform denies it is acquiring Barneys Farfetch is not rescuing Barneys New York. Consumer confidence takes slight dip in August Consumer confidence about the future retreated slightly in August even as it increased regarding current-day situations. Analysis: Hard to see any kind of ‘off-ramp’ for US, China to settle differences Amazon denies reports of unsafe products The e-tail giant is defending what it says is an industry-leading product safety and compliance program. Ross Stores posts solid Q2 but sounds warning on tariff impact Ross Stores’ second-quarter earnings and sales exceeded Street expectations, but the chain narrowed its full-year guidance on tariff concerns. Home Depot profits beat Street; lowers outlook on lumber deflation, tariff concerns The Home Depot reported mixed results for its second quarter as earnings beat analysts’ estimates but sales fell short. Study: Over 75% of apparel, footwear will still be hit with tariffs Sept. 1 An industry group wants to set the record straight about the tariff delay supposed to protect American consumers during the holiday shopping season. First Previous 67 68 69 70 71 Next Last
