Tag: retail
Fashion
Luxury Market Shakeup: Prada Acquires Versace for $1.4B
Milan: Italian fashion house Prada announced on Thursday that it has finalized an agreement with US group Capri Holdings to purchase its flamboyant rival, Versace,...
Apparel
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...
Apparel
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...
Apparel
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...
Apparel
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...
News
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...
Apparel
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...
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