Tag: retail

US Retail Sales Extend Growth Streak as Apparel Spending Climbs

Retail spending in the United States continued its upward trajectory in June, marking the ninth consecutive month of growth as consumers increased purchases during...

Fast Retailing Lifts FY26 Forecast After Record Nine-Month Growth

Fast Retailing Co., Ltd. has delivered its strongest-ever performance for the first nine months of fiscal 2026, prompting the Japanese apparel giant to raise...

Levi Strauss Raises FY26 Forecast Following Strong Q2 Performance

Levi Strauss & Co. has upgraded its financial outlook for fiscal 2026 after delivering stronger-than-expected second-quarter results, supported by higher sales, improved profitability, and...

US Apparel Demand Remains Resilient Despite Slower Consumer Spending Growth

US clothing purchases continued to outperform broader consumer spending in May, although the pace of growth moderated compared with earlier months in 2025. The...

Next Reportedly Weighs Harvey Nichols Takeover to Expand Luxury Retail Presence

British fashion retailer Next Harvey Nichols takeover plans are reportedly gathering momentum, with the company said to be considering an acquisition of luxury department...

Frasers Group Sells Sports Direct Malaysia to MAP Active

Frasers Group has agreed to complete the Sports Direct Malaysia sale, transferring its entire ownership stake in the business to long-standing regional partner MAP...

Leading Luxury Brands Dominate Global Market Valuations

In the current landscape of the apparel industry, high-end luxury labels maintain a significant lead regarding total market capitalization. This metric, which represents the...

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