Tag: retail

Uniqlo Drives Fast Retailing Profit Growth in FY25

During this period, Fast Retailing reported consolidated revenue of JPY 1.79 trillion ($12.28 billion), with an operating profit of JPY 304.22 billion. This marks...

Most U.S. Tariffs Paused; China Tariffs Increased to 125%

Shortly after the implementation of higher reciprocal tariffs on numerous U.S. trading partners, President Donald Trump announced a 90-day suspension of these tariffs, excluding...

New Trump Tariffs: Major Impact on US Fashion Brands

Executives anticipated President Trump’s recent tariff announcement on April 2 would be damaging, but the reality turned out to be significantly worse than expected. The...

Europe Sees 37% Rise in Livestream Shopping, Fashion Leads

Livestream platforms are drawing in a diverse array of buyers, with apparel being the most sought-after category; 31 percent of buyers purchase clothing during...

NCTO’s Strong Support for Trump’s Reciprocal Tariff Plan

The National Council of Textile Organizations (NCTO) has voiced strong support for President Donald Trump’s recently unveiled reciprocal tariff plan, which aims to rebalance...

Levi Strauss Grows Its Direct-To-Consumer Sales in Europe

Levi customers in Poland, Ireland, and Denmark can now enjoy exclusive benefits from the Red Tab Member programme, with Switzerland set to join the...

UK online fashion retailers to ship 7bn plastic bags by 2030

Research conducted by Development Economics reveals that online fashion retailers in the UK distributed an astounding 941 million plastic carrier bags to consumers over...

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