Tag: retail

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,ย 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...

Fashion Industry May Face 20% Price Surge Due to US Tariffs

A recent study conducted by Joor highlights the major challenges the global fashion industry faces due to newly announced U.S. tariffs. Spanning insights from...

Gildan Projects Growth with Resilient Strategy for 2025

Canadian clothing manufacturer Gildan has reaffirmed its 2025 outlook, demonstrating confidence in its Gildan Sustainable Growth (GSG) strategy and vertically integrated business model, despite...

Skechers AI Shopping Assistant Redefines Retail Experience

Developed by We Are Social Singapore, theย Skechers AI shopping assistant, Luna, serves as a virtual stylist, offering personalized fashion recommendations. Luna can suggest clothing...

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