UK Inflation Holds Steady as Food Costs Ease, Offering Relief to Households and Businesses
Inflation Remains at 3.8% Amid Shifting Economic Landscape In a surprising turn, UK inflation held steady at 3.8% in September,…
Tag: World economy
Former Coach CEO Claims US Manufacturing Can’t Match Overseas Value for Luxury Bags
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.
Overseas Production Essential for Value, Says Former Coach Leader
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.
Global Economic Resilience Outshifts Trade Tensions and AI Anxiety
Unexpected Economic Strength Amidst Geopolitical Tensions When the Trump administration launched an aggressive trade offensive earlier this year, economic forecasts…