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Retail

Macy’s confirms further 14 store closures

US department store Macy’s is due to close a further 14 locations this year as part of its ongoing ‘Bold New Chapter’ transformation strategy. The additional store closures were confirmed in a memo to employees from chairman and CEO Tony Spring, seen and reported on by WWD. In the note, Spring said: “In executing our strategy, we continue to...

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Business

Why fashion companies are suing over Trump tariffs ahead of Supreme Court ruling

As the US Supreme Court prepares to rule on the legality of President Donald Trump’s sweeping tariffs, a significant legal mobilisation is underway across global fashion businesses and supply chains. According to Bloomberg reporting, more than a thousand companies have now entered the courts, positioning themselves for what could become one of...

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