Tag: apparel

Shein, Temu Growth Slows; Spending Shifts to US Retailers

In April 2025, US consumer spending on ultra-discount Chinese retailers, such as Temu and Shein, experienced a sharp slowdown, according to Consumer Edge (CE),...

India Restricts Bangladeshi Garment, Boosts Local Industry

New Delhi: The Indian government has enacted stricter import regulations, making Bangladeshi ready-made garments (RMG) more expensive to enter the Indian market. Effective immediately, these...

Kenya: Second-Hand and Local Apparel Sectors Can Coexist

A recent study conducted by the Institute of Economic Affairs Kenya and the Mitumba Consortium Association of Kenya (MCAK) has revealed that Kenya’s second-hand clothing trade, popularly known...

Bangladesh Garment Industry Sets Global Standards: Report

Twelve years after the Rana Plaza tragedy, Bangladesh's garment sector has undergone a remarkable transformation. A new report from the Center for Media and...

Walmart Q1 FY26: Record $165.6B Revenue, 22% E-commerce Rise

Walmart, the American retail giant, has unveiled its financial results for the first quarter of fiscal year 2026 (FY26), showcasing a 2.5% year-over-year (YoY)...

De Minimis Policy to End Globally Under New US Bill

The US National Council of Textile Organizations (NCTO) has voiced strong support for a newly proposed US measure that seeks to eliminate the de...

Former H&M CEO: Bring Sustainability Back to Business Core

Former H&M CEO and current chair of Circulose, Helena Helmersson, recently addressed retail industry leaders at the World Retail Congress, calling for sustainability to...

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