Tag: news

Tariff Fears Trigger April Surge in US Clothing Sales Growth

The US retail landscape experienced a notable upswing in April 2025, fueled by consumer efforts to mitigate the impact of tariffs. According to the...

WRAP Rebrands Textiles 2030 as the UK Textiles Pact

The UK’s journey towards a more sustainable textiles industry has been significantly bolstered with the rebranding of WRAP’s Textiles 2030 initiative to the UK Textiles...

Next Raises Profit Forecast as Q1 Sales Surge 11.4%

LONDON – British fashion retailer Next has raised its full-year profit forecast for the second time in two months, following an impressive 11.4% rise...

ThredUp Drops Fees & Enhances Resale Services for Brands

ThredUp has announced the removal of fees associated with its branded resale services and introduced an upgraded suite of features to better serve its...

Puma Faces Weak Q1 Sales Amid Challenges in the US and China

German sportswear giant Puma has forecast a modest low single-digit percentage sales growth for the upcoming quarter, marking a decline compared to the previous...

City Chic Faces US Tariff Hikes with Proactive Steps

Australian retailer City Chic Collective Limited has taken swift action to address the recent U.S. government announcement of sharp tariff increases on global imports....

Kontoor Brands Reports Q1 Revenue Decline, Focuses on Growth

Kontoor Brands, the parent company of Wrangler and Lee, expects an unaddressed impact of $50 million on its 2025 operating income due to new...

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