Tag: Footwear
Apparel
Viral TikTok Videos from China Disrupt the Luxury Market
In a remarkable turn of events linked to the ongoing trade tensions between the United States and China, TikTok is reshaping consumer perceptions and...
Fashion
LVMH Q1 Reports Revenue Decline Amidst Regional Challenges
The French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has reported a revenue of €20.3 billion (~$21.75 billion), reflecting a 3% organic decline year-over-year...
Apparel
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...
Apparel
UK’s Frasers Group & Accent Unite to Grow Sports Direct ANZ
Frasers Group ("Frasers" or "the Group") has announced a strategic long-term retail partnership with Accent Group to launch and operate Sports Direct in Australia...
Apparel
Textile and Footwear Sector in Nigeria Continues Decline
Nigeria's textile, garment, and footwear industry experienced an 8.1% decline, dropping to N1.224 trillion (~$764.6 million) in 2024, down from N1.332 trillion ($835.28 million)...
Apparel
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...
Apparel
India Terminates Bangladesh Export Transshipment Facility
New Delhi: The Indian government has officially terminated the trans-shipment facility that permitted export cargo from Bangladesh to third countries via Indian land customs stations,...
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