Economy

6 articles

A dynamic visual representing North American trade routes and economic data, highlighting the importance of the USMCA review.

Fashion

USMCA Review Begins July 1 Amid Economic Stakes

North Carolina, which exported a record $43.

Adrianne Cole·June 27, 2026

Exterior of a closed garment factory in Bangladesh with empty gates and dejected workers leaving, symbolizing widespread layoffs due to falling international orders.

Collections

Bangladesh garment factories lay off 1,900 workers amid falling orders

Nearly 1,900 workers were laid off from Al-Muslim Group's seven garment factories in Bangladesh, a stark indicator of plummeting international purchase orders.

Adrianne Cole·June 13, 2026

A semi-truck driving on a highway with a high fuel price displayed on its gauge, symbolizing the impact of rising fuel costs on trucking and deliveries.

Fashion

US fuel costs hit $5.64 per gallon, squeezing truck deliveries

One tank of diesel for Greg Dubuque's vehicles, once $600, now costs $1,000, according to latimes.

Adrianne Cole·June 6, 2026

Brands

Luxury brands face demand slump, McKinsey report finds

Just as the Met Gala showcased peak luxury extravagance, a new report from McKinsey reveals the luxury sector is poised to generate less value this year than the last.

Luca Bianchi·May 6, 2026

An opulent, deserted luxury shopping mall in Dubai, symbolizing the significant drop in sales and the impact of regional conflicts on high-end retail.

Brands

Luxury brands face Middle East conflict strategy challenges

Sales at Dubai's Mall of the Emirates plummeted by 30-50% in March.

Luca Bianchi·April 19, 2026

Fashion

Rio Fashion Week boosts Brazil's economy with global appeal

This year, 40% of collections at Rio Fashion Week showcased sustainable materials, a significant leap from last year's 25%, according to the ABIT Report.

Adrianne Cole·April 14, 2026