Herms Raises US Prices Due to Tariff Pressures

Herms Raises US Prices Due to Tariff Pressures

Faced with US tariffs on EU imports, Hermès plans to raise prices in the US market to offset the impact. This highlights the complex influence of international trade, tariff policies, and exchange rate fluctuations on luxury goods pricing, as well as the strategic choices brands make in balancing profit margins with market share. Consumer loyalty is crucial, and Hermès needs to closely monitor market dynamics and innovate its business model to address the challenges. The price increase reflects a direct response to the imposed tariffs and aims to maintain profitability amidst these economic pressures.

11/03/2025 Customs Knowledge
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Crossborder Ecommerce Adapts to Amazon Policy Shifts

Crossborder Ecommerce Adapts to Amazon Policy Shifts

The cross-border e-commerce industry is undergoing a reshuffle, with businesses facing declining sales and cost pressures. Small and medium-sized sellers need to focus on cost control, while larger sellers need to be flexible and adaptable. Amazon's launch of "Seller Wallet" aims to improve its ecosystem, but its high transaction fees and potential account security risks require sellers to use it cautiously. It is recommended to diversify payment collection channels and pay attention to exchange rate fluctuations. Businesses should carefully assess the benefits and risks before adopting this new feature.

01/07/2026 Logistics Industry Insights
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Freight Forwarding Best Practices and Risk Mitigation Guide

Freight Forwarding Best Practices and Risk Mitigation Guide

Freight Forwarding Encyclopedia is a Q&A and experience exchange platform for freight forwarders. This article focuses on its practical value in risk warning, operational skills, and industry hotspots. Through case studies, experience sharing, and tool introductions, it helps you avoid freight forwarding pitfalls, improve operational efficiency, and stay informed about industry trends. Learn how to identify potential risks, optimize your processes, and gain a competitive edge in the dynamic freight forwarding landscape. This resource empowers freight forwarders with the knowledge and tools needed to succeed.

08/21/2025 Logistics Encyclopedia
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Trade Documentation Guide How to Avoid Common Mistakes

Trade Documentation Guide How to Avoid Common Mistakes

This article, based on the user profile of Sherry_2007 on the Consolidation Shipping Guide forum, explores the challenges faced by newcomers in foreign trade documentation and offers advice. It emphasizes the importance of information acquisition, practical experience, communication skills, and risk awareness, as well as the value of utilizing forum platforms for learning and exchange. The article encourages beginners to actively participate, continuously learn, and ultimately become excellent documentation specialists. It highlights key areas for focus and provides a pathway to success in the field.

08/23/2025 Document Interpretation
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Kapital Bank Azerbaijan Simplifies SWIFT Transfers for Global Payments

Kapital Bank Azerbaijan Simplifies SWIFT Transfers for Global Payments

This article provides a detailed analysis of the application scenarios of Kapital Bank Azerbaijan's SWIFT code, AIIBAZ2XXXX. It offers optimization strategies for cross-border money transfers, including choosing the appropriate transfer method, understanding transfer fees, and paying attention to exchange rate fluctuations. The aim is to help users complete international remittances more securely and efficiently. It covers key aspects of using the SWIFT code for international transactions involving Kapital Bank and provides practical advice for minimizing costs and maximizing security during the transfer process.

09/03/2025 International Settlement
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Maersks EDI Solutions Enhance Supply Chain Efficiency

Maersks EDI Solutions Enhance Supply Chain Efficiency

Maersk's EDI solution enhances supply chain efficiency and reduces operational costs by automating data exchange, connecting your internal systems with Maersk's global network. Key features include order management, logistics tracking, document processing, and financial management. The solution supports various industry standards and security protocols, ensuring seamless connectivity and data security. Visit the Maersk Developer Portal to begin your supply chain digital transformation journey. This solution streamlines processes and improves visibility across the entire supply chain, leading to faster delivery times and enhanced customer satisfaction.

09/28/2025 Logistics
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Ozon Payment Cycles and Thresholds A Guide for Sellers

Ozon Payment Cycles and Thresholds A Guide for Sellers

This article provides an in-depth analysis of OZON's payment mechanism, detailing the order settlement process, payment cycles and thresholds, diverse payment options, and exchange rate calculations. Through case studies and risk warnings, it aims to help cross-border e-commerce sellers efficiently and safely repatriate funds, improve capital utilization, and succeed in the OZON marketplace. It covers key aspects like understanding settlement schedules, navigating payment methods, and mitigating potential risks associated with currency conversion and platform policies, enabling sellers to optimize their financial operations on OZON.

01/04/2026 International Settlement
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South Koreas Air Cargo Sector Earns CEIV Fresh Certification

South Koreas Air Cargo Sector Earns CEIV Fresh Certification

Asiana Airlines, Seoul Air Cargo, and LX Pantos have been awarded IATA's CEIV Fresh certification, marking a new milestone for South Korea's air cargo industry in perishable goods handling. This certification enhances South Korea's competitiveness in the fresh produce transportation sector and brings higher quality, safer fresh products to consumers. The Korea Air Cargo Day event facilitated industry exchange and laid the foundation for future development in the air cargo sector. This signifies a commitment to maintaining the integrity of the cold chain for perishable goods.

01/16/2026 Logistics
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Iran Japan Sign Customs Pact to Boost Trade

Iran Japan Sign Customs Pact to Boost Trade

Iran and Japan signed an agreement on mutual assistance and cooperation in customs matters. This aims to strengthen cooperation between the two countries' customs administrations in areas such as information exchange, document assistance, and technical cooperation. The goal is to improve customs clearance efficiency, reduce trade costs, optimize the business environment, and promote bilateral trade and economic relations. The agreement, modeled after the World Customs Organization's Model Agreement, establishes a solid legal foundation for Iran-Japan customs cooperation, signaling a new era in bilateral trade.

01/19/2026 Customs Knowledge
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South Africa Nigeria Strengthen Trade Ties Under Afcfta

South Africa Nigeria Strengthen Trade Ties Under Afcfta

Supported by the WCO's Accelerate Trade Facilitation Programme, the South African Revenue Service (SARS) and the Nigeria Customs Service (NCS) successfully conducted an experience exchange focusing on post-clearance audit, Authorized Economic Operator (AEO), and risk management. The aim was to enhance the NCS's risk management capabilities, promote trade compliance, and contribute to the prosperity of the African Continental Free Trade Area (AfCFTA). This collaboration underscores the importance of customs cooperation in facilitating trade and strengthening regional economic integration through improved risk assessment and streamlined procedures.

01/20/2026 Customs Knowledge
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