Tag: retail
Apparel
AAFA Warns: New Tariffs Will Hurt U.S. Apparel Industry
The American Apparel & Footwear Association (AAFA) has criticized the White House's recent 'Liberation Day' tariff increase, expressing concerns that it will drive up...
Apparel
Trump’s 46% Tariffs on Vietnam May Impact Nike & Wayfair
Retailers and brands are increasingly turning to Vietnam for manufacturing a wide range of products, from sneakers to sofas, as they shift some or...
Apparel
Secondhand Clothing Market Growth: Profits & Challenges
In recent years, the secondhand clothing market growth has gained significant traction, driven by the growing awareness of sustainability, the rise of thrift culture,...
Apparel
PVH Corp FY Sales, Profit Slide in Q4 2024 Results
PVH Corp, the parent company of Tommy Hilfiger and Calvin Klein, has reported “better-than-expected” earnings for the fourth quarter (Q4) of fiscal 2024 (FY24),...
Fashion
Old Navy & RADAR Introduce AI-Driven RFID Tech in Stores
Old Navy, a subsidiary of Gap Inc., is set to enhance its retail operations through a new partnership with American tech firm Radar. This...
Apparel
Ermenegildo Zegna Reports 2.2% Revenue Growth in FY24
Italian luxury fashion brand Ermenegildo Zegna Group has released its unaudited financial results for the fiscal year 2024 (FY24), showing a year-on-year revenue increase...
Apparel
Q1 Financial Performance of H&M Shows Solid Growth
Swedish clothing company H&M Hennes & Mauritz AB reported net sales of SEK 55,333 million (~$5.26 billion) for the first quarter (Q1) of fiscal...
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