Global Scans · Beauty & fashion · Weekly Summary

WHAT'S NEXT?: Wearables, 3D printing, sensors and other technological advancements are likely to change the world of perceived beauty and fashion towards more integrative, online services. Find out how body scanners and conductive clothing will help us live better, more healthy lives and the downside risks emanating from those who would seek to interfere with them.

• [New] Without intervention, the fashion industry is projected to use 35% more land by 2030 - an area equivalent to 115 million hectares - roughly the size of Ethiopia-highlighting the urgent need for sustainable land management practices. UNCCD
• [New] As global players, fashion brands have the opportunity to work on global solutions to eliminate the use of hazardous substances throughout their product lines, and to drive a change in practices throughout their supply chains. Greenpeace International
• [New] The fashion industry's losses could be the resale market's gain, since the American Apparel and Footwear Association estimates that upwards of 97% of the clothing and shoes sold in the U.S. are imported and will be subject to tariff duties. Forbes
• [New] As gold prices rise and financial needs increase, gold loans will continue to remain one of the most preferred ways for Indians to unlock the value of their jewelry without selling it. Invest Policy
• The growing trade tensions between the US and China are not expected to have an immediate impact on the partnership between Reliance Retail, an Indian retail company, and Chinese fast fashion giant Shein. Haldanes
• Eg: Products like textiles and gems & jewelry, which are major export items to the U.S., might see a drop in sales due to increased tariffs. Civilsdaily
• Other countries would have opportunities to fill the gap in the U.S. in sectors like textiles and clothing. Yahoo Finance
• By the 2025 holiday season, consumers will definitely feel it - prices for many diamond jewelry pieces could be easily 10-20% higher than a year prior due to the combined effect of tariffs and normal inflation. Shahla Karimi
• Since China is not the primary supplier for fine jewelry materials (apart from being a source of some finished jewelry and synthetic gems), the jewelry industry might refocus sourcing elsewhere rather than await a China deal. Shahla Karimi
• Indian officials expressed hope that an agreement could be reached in the next few months (potentially by mid to late 2025) that would reverse the U.S. tariffs on Indian gems and jewelry. Shahla Karimi
• Higher Input Costs: U.S. manufacturers who make jewelry domestically will face higher costs for crucial inputs - especially diamonds and gemstones. Shahla Karimi
• Fast fashion brands that operate in the US are going to actually do better under the de minimis exemption, because they now have a playing ground where they are not price disadvantaged by Shein and Temu bringing in rock bottom prices because they can escape the tariff duty. CNN
• Other countries would have opportunities to fill the gap in the United States in sectors such as textiles, clothing and electrical equipment.
• For American consumers, the immediate impact could be higher prices for a range of goods, from clothing and electronics to automobiles and food. archyde
• An array of Mexican exports including agricultural products like avocados, clothing and electronics will continue to enter the US without import duties. Euronews
• Swaths of Mexican exports including agricultural products like avocados, clothing and electronics will continue to enter the U.S. without import duties. MarketBeat
• Sharp Rise in Consumer Prices: Most imported products from China will more than double in price, affecting electronics, clothing, and appliances. Social Media SEO
• The United States has expressed concern to China that its regulators are applying an approach that treats cosmetics as having much higher safety risks than is warranted. Bao Quoc Dan
• The convergence of global health initiatives, increasing consumer awareness, and the established role of online pharmacies all point towards a significant opportunity for businesses in the healthcare, medical, pharmaceutical, personal care, vitamins, and supplements sectors. Australia Pharmaceutical Brand
• Trump plans to phase out a de minimis exemption next month that allows packages with a value of $800 or less to be shipped to the US from China duty free, and is central to the business model of companies such as fast fashion firm Shein and household goods supplier Temu. The Guardian
• In 2025, France banned toxic polyfluoroalkyl substances from cosmetics, ski wax, and clothing, creating an opportunity for the United States to take similar action. The Fulcrum

Last updated: 05 May 2025