Tag: fashion

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...

Cambodia Cuts U.S. Tariffs Amid Trade Tensions By Trump

Last week, Cambodian Prime Minister Hun Manet announced a substantial reduction in tariffs on products imported from the United States. Specifically, Cambodia reduces U.S....

New Trump Tariffs: Major Impact on US Fashion Brands

Executives anticipated President Trump’s recent tariff announcement on April 2 would be damaging, but the reality turned out to be significantly worse than expected. The...

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