Tag: retail

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, the Skechers AI shopping assistant, Luna, serves as a virtual stylist, offering personalized fashion recommendations. Luna can suggest clothing...

Reliance Wins Legal Battle Over Vimal Trademark Rights

AHMEDABAD, India – May 1, 2025 – In a landmark trademark dispute, the Gujarat High Court has ruled in favor of Reliance Industries Limited (RIL),...

Miu Miu Boosts Italy’s Prada Q1 2025 Revenue with 60% Growth

Italian luxury fashion giant Prada Group posted net revenue of €1,341 million (~$1.43 billion) in the first quarter (Q1) of 2025, ending March 31....

Lindex Group Q1 2025 Revenue Hits €186M, Faces 3% Decline

Finnish retailer Lindex Group reported a revenue of €186 million (~$199.02 million) for the first quarter (Q1) of 2025, ending March 31. This reflects...

Adidas Q1 FY25: Strong Growth Despite Rising Tariff Costs

Adidas has released its financial results for the first quarter of fiscal year 2025, revealing both challenges and successes in its operations. The company...

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