Week in review: Realities of closing de minimis without a plan
Closing the US' de minimis loophole has been on the cards for years but closing it without a plan resulted in supply chain chaos last week.
Laura Husband February 10 2025

10 February 2025
10 February 2025
Closing the US' de minimis loophole has been on the cards for years but closing it without a plan resulted in supply chain chaos last week.
Laura Husband February 10 2025
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Online ultra-fast fashion giant Shein is reportedly preparing to adjust its valuation to approximately $50bn ahead of the initial public offering (IPO) in London, UK as an expert warns the end of US duty exemption will hit its profitability.
Major US container ports are preparing for an ongoing surge in cargo as retailers maintain high levels of imports amid escalating trade tensions and the threat of increased tariffs.
Research conducted by data platform Semarchy suggests most companies (83%) are uncertain about their ability to present ESG data that is compliant with the European Union Corporate Sustainability Reporting Directive (CSRD).
Global footwear retailer Skechers has acknowledged that as 2025 starts, the company is dealing with ‘several headwinds and uncertainties’, potentially impacting its visibility into the outlook even as it delivered a record full year sales of $8.97bn in 2024.
Türkiye-based knit fabric producer and textile exporter Ekoten Tekstil is using artificial intelligence (AI) for defect detection to enhance fabric quality and sustainability while transforming manufacturing processes.
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