Tag: retail

H&M Reports Strong Profit Growth Despite Currency Pressures

Swedish clothing retailer H&M Hennes & Mauritz AB has unveiled impressive profitability results for the fiscal year 2025 (FY25), which concluded on November 30....

LVMH Sees Revenue Decline, Focuses on Future Growth

French luxury giant LVMH Moet Hennessy Louis Vuitton announced a revenue total of €80.8 billion (approximately $96.96 billion) for the fiscal year 2025, marking...

ANTA Sports Acquires 29.06% Stake in Puma for €1.5bn

ANTA Sports has finalized an agreement to acquire a 29.06% stake in Puma from Groupe Artémis, the investment firm of the Pinault family, in...

UK Fashion Brands Thrive Amid Economic Challenges: Report

New data reveals that UK consumers continue to prioritize fashion spending despite ongoing economic pressures, with brands that focus on value and responsiveness well-positioned...

Carrefour Introduces Clear Fashion App for Clothing Labels

Carrefour is initiating a project that employs the Clear Fashion app to improve transparency in clothing sales. This effort aligns with a nationwide initiative...

Next To Acquire Russell & Bromley for £2.5 Million

UK clothing retailer Next has officially announced its acquisition of the heritage footwear brand Russell & Bromley for £2.5 million ($3.35 million). The company...

UK Fashion Spending Remains Strong Amid Economic Pressures

Despite ongoing economic difficulties, UK fashion spending remains a priority for consumers, with value-driven and responsive brands emerging as the top performers. Insights from...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Must read