Tag: retail
Apparel
French Legislation to Ban Advertising for SHEIN and Temu
France is taking a stand against ultra-fast fashion by advancing legislation aimed at prohibiting advertising from Chinese retail giants SHEIN and Temu, as part...
News
Textile Industry in India Embraces Sustainable Practices
As the world grapples with the environmental impact of the textile sector, India, the third-largest contributor to global textile waste, is under increasing pressure...
Apparel
Torrid to Shut Down 180 Stores This Year in US Market
In a strategic move to reduce fixed costs and reinvest in future growth, Torrid, a retailer specializing in plus-size clothing, has announced plans to...
Apparel
UK Fashion Manufacturers See 68% Revenue Growth in Q1 FY25
The average small to medium UK fashion manufacturer experienced a 68 percent increase in sales revenue during the first quarter (Q1) of fiscal 2025...
Apparel
Zara Owner Inditex Posts Lower Sales, Stocks Drop 4.4%
Zara's parent company, Inditex, reported on Wednesday that its quarterly sales were weaker than anticipated, indicating a slower start to the summer season compared...
Apparel
M&S Online Sales Restart, Cyberattack Costs £300 Million
LONDON, June 10 - British retailer Marks & Spencer (MKS.L) resumed online orders for its clothing lines on Tuesday after a 46-day suspension due...
Apparel
Guess? Projects $10M Tariff Impact as Q1 Loss Hits $32.9M
Guess? faced a challenging first quarter, reporting a net unrealized loss of $4.3 million, a significant downturn from last year's unrealized gain of $38.5...
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