Mexican E-commerce Can Withstand US Tariffs: Retail Week

This week in retail news: Tiendanube asserts that Mexican e-commerce can withstand US tariffs on imports, while ANTAD announces a US$3 billion investment in Mexico’s retail sector. Meanwhile, the US Embassy in Mexico urges users to delete apps like Shein, Temu, AliExpress, and Alibaba.

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Mexico’s E-Commerce to Withstand US Tariffs: Tiendanube

US tariffs on Mexican goods are unlikely to impact online shopping habits or overall e-commerce growth in the country, according to e-commerce platform Tiendanube. The company stated that even in the event of a potential economic recession, online sales are expected to remain stable.

Lululemon Cuts Forecast Citing Tariffs, Inflation, Slow Sales

Lululemon Athletica revised its annual revenue and profit outlook, citing economic uncertainty and US tariffs on imports from China and Mexico as key factors affecting demand. The company now expects its fiscal year 2025 revenue to be between US$11.15 billion and US$11.30 billion, slightly below analysts' estimates of US$11.31 billion, according to LSEG data.

Starlink Mini Launches in Mexico via Major Retail Partnerships

Starlink, the satellite internet service owned by Elon Musk's SpaceX, has expanded its presence in Mexico by securing agreements with major retailers, including Liverpool, Palacio de Hierro, Home Depot, and Office Depot. The partnerships will facilitate the distribution of the Starlink Mini, a compact satellite internet kit designed for direct-to-consumer sales.

ANTAD to Invest US$3 Billion in Mexico's Retail Sector by 2025

The National Association of Self-Service and Department Stores (ANTAD) announced plans to invest US$3 billion in Mexico’s retail sector by 2025, marking a 30.43% increase from the US$2.3 billion invested last year by its 157 affiliated chains.

US Embassy in Mexico Flags Shein, Temu Apps for Data Concerns

The US Embassy in Mexico has urged users to delete apps such as Shein, Temu, AliExpress, and Alibaba, citing data security concerns and their impact on local industries. The embassy echoed this warning in a social media post, claiming that “China and low-cost platforms like Shein, Temu, AliExpress, and Alibaba are destroying Mexican industries and stealing your data.”