Tag: retail
Fashion
Fashion & Textile Industry Urged to Ensure Honest Eco Claims
Members of the International Consumer Protection and Enforcement Network (ICPEN), a global coalition of over 70 consumer protection authorities, recently issued an open letter...
News
Shoe Carnival Reports Q1 FY25 Sales Drop, Expands Strategy
Shoe Carnival, a prominent US footwear retailer, reported a 7.5 per cent drop in net sales, reaching $277.7 million in the first quarter (Q1)...
Apparel
Authentic Enters Definitive Agreement to Acquire American Heritage Brand Dockers
Authentic Brands Group (Authentic), a global brand development and licensing platform, today announced that it has entered into a definitive agreement to acquire the...
Apparel
Shein Reverses Price Increase Following US China Tariff Deal
Fast fashion retailer Shein has reversed its earlier decision to increase prices, a change that comes shortly after the US and China reached an...
Apparel
Misto Holdings Q1 FY25 Revenue Rises 4.6% to $892.8M
South Korea’s leading sportswear company, Misto Holdings, previously known as Fila Holdings, reported a 4.6 per cent year-over-year (YoY) increase in consolidated revenue, reaching 1.24 trillion won...
Apparel
Shein, Temu Growth Slows; Spending Shifts to US Retailers
In April 2025, US consumer spending on ultra-discount Chinese retailers, such as Temu and Shein, experienced a sharp slowdown, according to Consumer Edge (CE),...
Fashion
Richemont Achieves €21.4B Sales Amid FY 2025 Growth
Switzerland-based luxury goods conglomerate Richemont has reported group sales of €21.4 billion (approximately $23.97 billion) for the fiscal year ending March 31, 2025, marking...
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