Bloomberg With President Donald Trump slapping 25% tariffs on $200 billion in Chinese goods, those companies who’d already started moving production outside China are looking pretty smart. But those shifts come with their own headaches. Take Tapestry Inc, owner of the Coach and Kate Spade brands. As it relocates more manufacturing outside China, interim finance chief Andrea Shaw Resnick says …

Bloomberg Wm Morrison Supermarkets Plc reported its slowest quarterly revenue growth in at least a year and said it’s loosening a pact with online retailer Ocado Group Plc so that it can add other digital partners. Comparable retail sales rose 2.3% in the first quarter. The figure missed analysts’ 2.5% estimate. Chief Executive Officer Dave Potts faces the challenge of …

Bloomberg IAG SA eked out a profit in the first quarter even after the impact of a European fare war that pushed its biggest rivals to a loss. Shares of the British Airways owner rose as much 5.1% after it posted an operating profit of 135 million euros ($151 million), while reiterating its full-year guidance and predicting that pricing will …