77% of Adults in UK Plan to Drop Fashion Spending in 2025

A substantial number of residents in the UK are planning to cut back on their spending for fashion items like clothing and footwear in...

Shein and Temu Increase Prices Next Week for US Consumers

Chinese online retail titans Shein and Temu have issued warnings to their U.S. customers that prices will increase starting next week, following the significant...

AI Tool Reduces Walmart Fashion Lead Time by 18 Weeks

Walmart has introduced a new trend-sensing design tool that leverages AI and generative AI to deliver on-trend, affordable products faster than ever, all while...

Shein Gains UK IPO Approval Despite U.S. Tariff Challenges

Shein has received approval from British regulators for its planned initial public offering in London, according to two sources familiar with the situation. This...

Luxury Market Shakeup: Prada Acquires Versace for $1.4B

Milan: Italian fashion house Prada announced on Thursday that it has finalized an agreement with US group Capri Holdings to purchase its flamboyant rival, Versace,...

Uniqlo Drives Fast Retailing Profit Growth in FY25

During this period, Fast Retailing reported consolidated revenue of JPY 1.79 trillion ($12.28 billion), with an operating profit of JPY 304.22 billion. This marks...

Tariff Pause: US Fashion Sector Calls for Stability

On April 9, U.S. President Donald Trump announced a comprehensive 90-day suspension of the "reciprocal" tariffs, effective immediately at midnight; however, he did not...

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