Tag: retail
Apparel
How UK Fashion SMEs Can Retain US Market After De Minimis
The seismic end of America's $800 de minimis exemption has sent shockwaves through the UK fashion industry, forcing small and medium enterprises to reimagine...
Apparel
US Holiday Spending Set to Drop: PwC Survey Insights
According to PwC's 2025 Holiday Outlook survey, US consumers anticipate a 5% decrease in seasonal spending this year compared to 2024, marking the first...
Apparel
Rising Prices Impact UK Consumer Spending on Clothing
Recent findings from the British Retail Consortium (BRC)-NIQ Shop Price Monitor indicate that rising prices of essential goods might limit consumers' disposable income for...
Apparel
Nike Rises to Top Apparel Brand Globally with 94.7 BSI Score
Nike has solidified its position as the leading apparel brand worldwide, achieving a Brand Strength Index (BSI) score of 94.7 out of 100, according...
Apparel
Gap Inc. Reports Flat Q2 Sales Amid US Tariff Concerns
Gap Inc. revealed that its net sales remained flat at $3.73 billion for the second quarter of fiscal year 2025 (Q2 FY25), anticipating a...
Apparel
Shein Sales in UK Surge to £2.8B as De Minimis Faces Change
The potential abolition of the de minimis threshold in the UK has raised concerns about the repercussions on Shein's considerable market presence, according to...
Apparel
US Apparel Prices Rise Slightly Post Tariff Hikes in April
In June, average retail prices for clothing in the U.S. saw a slight increase of 0.4% compared to the previous month, following decreases of...
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