Levy says that Trump’s anti -Tram’s anti -UK sales can be established The retail industry
“The rise in America’s hostility as a result of Trump’s definitions and government policies,” said Levis.
The company, which distributes Levi and Wosphlers, issued a warning in its accounts in the United Kingdom, stating that sales increased by 8.8 % to 96.8 million pounds, and pre -tax profits increased by 23 % to 9.6 million pounds. She said that the Levi’s brand “kept its attractiveness despite the tense consumer climate and the decrease in the retail sector.”
However, the recently presented accounts at Companies House included one of its main risks and doubts, may change the morale towards brands that can lead shoppers to develop “increased willingness” in choosing more “national or European” products.
The risks were listed along with other issues, including competition from the designation products of retailers and pressure on stores from “increased competition via online and unpleasant rents.”
She said that the brands of clothes are also competing with “more basic needs” and there was a risk that high inflation “had a direct impact on the willingness and ability of the consumer to spend their available money available in clothes and fashion products.
The Levi’s UK arm, which employs a little more than 1,600 people in the United Kingdom, according to its accounts, is one of the first American brands that cause public concerns about the Trump administration’s effect on sales, in the comments reported by Daily Telegraph for the first time.
One of the brands that clearly suffered in the UK is the Tesla, led by the former Donald Trump man Elon Musk. Tesla sales in the UK more than half in July, according to data from the main industry body. The market share in the UK electric car market has shrunk to 0.7 % in July, from 1.67 % a year ago.
In Canada, the protests against the goods derived from the United States were blamed for the decline in sales of Jack Daniel, which many retailers removed from their shelves.
There were reports on Canadian shoppers The products made by the United States or owned upside down in stores so that they can be identified and avoided by their shoppers. the Maple The application also helps Canadians to check the barcode to see if grocery purchases have primary companies in the United States.
Trump has sent shock waves through global trade through the “Tahrir Day” tariff, which laid a 10 % basis on almost all trading partners in the United States, and topped with a “mutual tariff” on the countries where he argued that they dealt with the United States unfairly.
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Federal Appeal Court in Washington, DC Friday’s ruling that most of the tariff policies were illegal in a ruling that would not come into effect until October 14.
The ruling is likely to the Supreme Court’s decision on whether Trump has the legal right as president of the US Trade Policy Report.