Tag: retail
Apparel
Kenya: Second-Hand and Local Apparel Sectors Can Coexist
A recent study conducted by the Institute of Economic Affairs Kenya and the Mitumba Consortium Association of Kenya (MCAK) has revealed that Kenya’s second-hand clothing trade, popularly known...
Apparel
Walmart Q1 FY26: Record $165.6B Revenue, 22% E-commerce Rise
Walmart, the American retail giant, has unveiled its financial results for the first quarter of fiscal year 2026 (FY26), showcasing a 2.5% year-over-year (YoY)...
Apparel
American Eagle Q1 Results: Revenue Drops, Strategy Shifts
In its preliminary first-quarter report, American Eagle Outfitters (AEO) described its results as “disappointing,” prompting the company to reassess its strategies for the months...
Apparel
DICK’S Acquires Foot Locker in $2.5B Strategic Merger
DICK'S Sporting Goods, Inc. (NYSE: DKS), a prominent U.S.-based omni-channel sporting goods retailer, has entered into a definitive merger agreement to acquire Foot Locker,...
Apparel
Marimekko Plans 2025 Expansion with Focus on Asia Market
Finnish fashion and textiles company Marimekko Group forecasts a rise in net sales for 2025 compared to 2024, with a projected operating profit margin...
Apparel
Retailers Face Challenges in Meeting In-Store Tech Needs
A recent study by RSR, in collaboration with retail technology provider Jumpmind, reveals that fashion, apparel, and specialty stores are at the forefront of...
Apparel
Mytheresa Projects $4.3B in FY25 Sales Following Strong Q3
German digital luxury group LuxExperience has reported the financial results of its legacy Mytheresa standalone business for the third quarter of fiscal 2025 (Q3...
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