Tag: retail

US Fashion Industry Opposes New Tariffs on Imports

The United States Fashion Industry Association (USFIA) has expressed strong opposition to the Trump Administration’s recent decision to implement extensive new tariffs on all...

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...

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...

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,...

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),...

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...

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...

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