A’ja Wilson, a center for the Las Vegas Aces, is widely acknowledged as the best player in the Women’s National Basketball Association. She is something like the league’s on-court answer to LeBron James or Michael Jordan. “I don’t shy away from having conversations with her about being the greatest to ever play,” said Becky Hammon,…
It was always going to be a hard year for Bangladesh. Last summer, amid an economic collapse, protesters toppled a tyrant and pushed the country to the brink of chaos. Then a month ago, as a new government was still working to steady Bangladesh’s economy, came the devastating news that the United States was placing…
Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt stop. Mr. Liu owns a small factory in Guangzhou, long the center of China’s highly competitive garment industry. He and other factory managers, already dealing with tight profit margins,…
Fast-fashion giants like Shein and Temu have been doing booming business in the United States in recent years, in part because of a tariff exemption that’s helped to keep prices low on packages shipped from China. Now, President Trump has ordered the loophole closed as part of new tariffs, starting with packages from China and…
What do you wear for your first trip to space? If you are like most people, probably whatever spacesuit or astronaut outfit the company (or government agency) you are flying with provides. However, if you are Lauren Sánchez — journalist, pilot, children’s book author, philanthropist and fiancée of Jess Bezos — the second-richest man on…
Vivian Hoffman has worked in retail for a half-century, including 25 years as a buyer for Century 21 and the last eight running Whim, a chain selling affordable women’s clothing in the suburbs of New York City. She has adapted to recessions, the turmoil after the attacks on Sept. 11, 2001, and the Covid-19 pandemic….
President Trump’s latest tariffs are about to become an unavoidable and expensive reality for American businesses and for people who rely on foreign goods. Shoppers buying clothes from retailers in China may soon pay more than twice as much, now that a special exemption for lower-value imports is disappearing. And companies involved in international trade…
Follow live updates on Trump tariffs and the global markets. A mere month ago, luxury businesses were looking forward to a new era of deregulation, lower taxes and a booming stock market — and dreaming of well-heeled buyers splurging on opulent ball gowns and statement watches. Instead, as the Trump administration imposes 20 percent tariffs…
Nicolas Puech is an heir to the Hermès fortune whose riches are shrouded in mystery. He either is or is not a billionaire, and may or may not have a sizable stake in his family’s luxury brand, depending on when and where these matters come up. A new lawsuit filed in federal court late last…
Paul Marchant, the chief executive of Primark, has resigned “with immediate effect” from his role leading the discount clothing retailer after an allegation about his behavior, the company announced Monday. Mr. Marchant, who joined Primark in 2009, left after the company hired lawyers to investigate “an allegation made by an individual about his behavior towards…