Tag: retail
Apparel
City Chic Faces US Tariff Hikes with Proactive Steps
Australian retailer City Chic Collective Limited has taken swift action to address the recent U.S. government announcement of sharp tariff increases on global imports....
Apparel
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...
Apparel
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....
Apparel
Dutch Retail Sales Surge in March 2025, Clothing Up 3.8%
In March 2025, 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...
News
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...
Apparel
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...
Apparel
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...
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