Tag: retail

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...

City Chic Faces US Tariff Hikes with Proactive Steps

Australian retailer City Chic Collective Limited has taken swift action to address the recent U.S. government announcement of sharp tariff increases on global imports....

Kontoor Brands Reports Q1 Revenue Decline, Focuses on Growth

Kontoor Brands, the parent company of Wrangler and Lee, expects an unaddressed impact of $50 million on its 2025 operating income due to new...

Temu Halts China Shipments to US, Adopts Local Fulfillment

Temu, a leading online marketplace, has announced a major strategic change. The platform will no longer sell goods imported directly from China to U.S....

Dutch Retail Sales Surge in March 2025, Clothing Up 3.8%

In March 2025, Dutch retail sales surge, with clothing sales growing by 3.8% year-over-year, supported by strong consumer demand. Shops specializing in shoes and leather...

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...

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