Tag: retail

NRF & AAFA Welcome US-China Tariff Pause, Seek Stability

Leading US retail and apparel organizations, including the National Retail Federation (NRF) and the American Apparel & Footwear Association (AAFA), have cautiously welcomed the...

Crocs Drops 2025 Financial Forecast Plans After Flat Q1

Crocs, a global leader in casual footwear, has announced the withdrawal of its financial outlook for 2025 due to ongoing challenges in the retail...

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...

H&M Backs Centra to Boost Fashion Tech Innovation

H&M Group has made a notable strategic investment in Centra, reportedly amounting to approximately SEK50m ($5.19m), according to media reports. While the exact financial...

Next Raises Profit Forecast as Q1 Sales Surge 11.4%

LONDON โ€“ 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...

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