Tag: retail
News
US Consumers Slash Footwear Budgets Due to Rising Costs
For the first time in four years, American consumers are signaling plans to scale back spending on athletic footwear, historically one of the most...
Apparel
Fashion Industry May Face 20% Price Surge Due to US Tariffs
A recent study conducted by Joor highlights the major challenges the global fashion industry faces due to newly announced U.S. tariffs. Spanning insights from...
Apparel
Gildan Projects Growth with Resilient Strategy for 2025
Canadian clothing manufacturer Gildan has reaffirmed its 2025 outlook, demonstrating confidence in its Gildan Sustainable Growth (GSG) strategy and vertically integrated business model, despite...
Apparel
Skechers AI Shopping Assistant Redefines Retail Experience
Developed by We Are Social Singapore, the Skechers AI shopping assistant, Luna, serves as a virtual stylist, offering personalized fashion recommendations. Luna can suggest clothing...
Apparel
Reliance Wins Legal Battle Over Vimal Trademark Rights
AHMEDABAD, India – May 1, 2025 – In a landmark trademark dispute, the Gujarat High Court has ruled in favor of Reliance Industries Limited (RIL),...
Apparel
Miu Miu Boosts Italy’s Prada Q1 2025 Revenue with 60% Growth
Italian luxury fashion giant Prada Group posted net revenue of €1,341 million (~$1.43 billion) in the first quarter (Q1) of 2025, ending March 31....
Apparel
Lindex Group Q1 2025 Revenue Hits €186M, Faces 3% Decline
Finnish retailer Lindex Group reported a revenue of €186 million (~$199.02 million) for the first quarter (Q1) of 2025, ending March 31. This reflects...
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