The Trump-Xi meeting produced a temporary trade truce that delays tariffs and export controls. But with annual renegotiation possible and fundamental issues unaddressed, this represents a pause rather than peace in the economic conflict.
Mercedes-Benz just reported a staggering 70% drop in quarterly profits, revealing a perfect storm of challenges. The German automaker faces collapsing China sales, US tariff impacts, and UK finance provisions totaling hundreds of millions.
The United States and China have reached a preliminary consensus on critical trade issues including rare earth exports and technology controls, signaling a potential end to the escalating trade war. The agreement could stabilize supply chains for semiconductors, electric vehicles, and defense techno
The Trump administration is escalating trade tensions with Canada, announcing a 10% tariff increase on Canadian imports following a diplomatic dispute over an Ontario government advertisement. The move comes despite Canada’s attempts to de-escalate the situation and threatens to undermine recent pro
Record Deliveries Mask Deeper Challenges in Tesla’s Pivot to AI Tesla’s third-quarter 2025 vehicle delivery numbers shattered previous records, but…
Closing the Import Tax Loophole The UK Treasury is preparing to shut down a controversial tax exemption that has given…
Coach CEO Todd Kahn reveals how American design fuels success with Chinese consumers despite tariff tensions. The brand reports strong growth in Greater China while leveraging social media to capture Gen-Z shoppers worldwide through holistic retail experiences.
Coach CEO Todd Kahn has expressed confidence in the brand’s ability to succeed with Chinese consumers, attributing this advantage to American design principles. According to Fortune‘s interview with Kahn, Coach’s parent company Tapestry saw Greater China revenue grow 5% to $1.1 billion in its last fiscal year, even as other foreign brands struggle against domestic competitors. “A great bag is a great bag everywhere,” Kahn stated, emphasizing that Coach’s brand positioning “aligns really well with the young Chinese consumer.”
Manufacturing Powerhouse Weathers Trade Storms As trade tensions between the United States and China escalate, Beijing is leveraging its formidable…
The former CEO of Coach stated that achieving optimal value in luxury bag production necessitates manufacturing outside the United States. His comments come as companies navigate tariff uncertainties while maintaining global supply chains. Industry leaders remain divided on shifting production to the US amid ongoing trade policy debates.
According to recent reports, the former CEO of luxury brand Coach has stated that producing high-quality bags at competitive prices requires manufacturing outside the United States. Lew Frankfort, who served as Coach’s chief executive from 1985 to 2014, made these comments during a podcast interview with Yahoo Finance’s Opening Bid, sources indicate.
Resilience in the Face of Economic Headwinds Despite earlier predictions of significant downturns, the U.S. automotive industry is demonstrating remarkable…
