{"id":15414,"date":"2025-04-17T09:53:59","date_gmt":"2025-04-17T09:53:59","guid":{"rendered":"https:\/\/www.prime-ai.com\/?p=15414"},"modified":"2025-04-17T09:56:44","modified_gmt":"2025-04-17T09:56:44","slug":"news-2025-week16","status":"publish","type":"post","link":"https:\/\/www.prime-ai.com\/en\/media\/news-2025-week16\/","title":{"rendered":"News – Week 16"},"content":{"rendered":"\t\t
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This Weeks News<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Week 16 - 2025<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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As the family-controlled Hermes adapts to the trade war unleashed by U.S. President Donald Trump’s\u00a0tariffs<\/a>, it is banking on its pricing power as one of the most exclusive luxury brands to add a premium to all products sold in the United States. That will be on top of regular price adjustments that were around 6%-7% this year. (Source)<\/a><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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How to raise prices without losing customers<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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In light of a US-China trade war, fashion executives are facing an immediate reality: price increases. How should they communicate it to consumers? With US tariffs on China lingering at 145 per cent as the two countries face off in a trade war, and the $800 de minimis shipping exemption set to end on 2 May, many fashion brands are dealing with a fast-approaching reality: they\u2019re going to have to raise prices. (Source)<\/a><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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How Asos is building the ultimate brand portfolio to stay ahead in fashion<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Asos is collecting brands like infinity stones. This year alone, the online fashion giant has added 60 new names to its ever-expanding roster pushing the total past 800 and counting.\u00a0 It already carries the brands you know and love \u2014 think Nike, Motel, All Saints and Topshop \u2014 but that doesn\u2019t mean it\u2019s slowing down anytime soon. (Source)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Digital Product Passports gain momentum in EU fashion<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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DPPs for fashion will need to include numerous datapoints. As well as the manufacturing process and environmental footprint, EU Digital Product Passports will also require a durability score and link to circular services. For retailers, designing effective Digital Product Passports will involve a fine balance between providing comprehensive information without overwhelming consumers. (Source)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Driving bottom line margin growth through AI inventory management<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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In an increasingly competitive and dynamic retail landscape, the fashion industry is actively seeking innovative solutions to enhance profitability and optimize operations. WAIR, a technology company headquartered in Amsterdam, recently hosted an event, “Improving retail with ai: Insights & experience,” showcasing the potential of artificial intelligence (AI) to address these critical needs. The event brought together fashion professionals to explore how AI can revolutionize inventory management and drive tangible financial benefits. (Source)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

This Weeks News Week 16 – 2025 Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows As the family-controlled Hermes adapts to the trade war unleashed by U.S. President Donald Trump’s\u00a0tariffs, it is banking on its pricing power as one of the most exclusive luxury brands to add a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[310,309],"tags":[],"class_list":["post-15414","post","type-post","status-publish","format-standard","hentry","category-310","category-news"],"_links":{"self":[{"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/posts\/15414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/comments?post=15414"}],"version-history":[{"count":4,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/posts\/15414\/revisions"}],"predecessor-version":[{"id":15418,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/posts\/15414\/revisions\/15418"}],"wp:attachment":[{"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/media?parent=15414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/categories?post=15414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/tags?post=15414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}