Tag: retail
Apparel
US clothing spending drops 3.9% in early 2025: Earnest
According to Earnest, consumer spending at clothing and accessories stores in the United States experienced a year-over-year (YoY) decline of 3.9% from January 1...
Apparel
Viral TikTok Videos from China Disrupt the Luxury Market
In a remarkable turn of events linked to the ongoing trade tensions between the United States and China, TikTok is reshaping consumer perceptions and...
Fashion
LVMH Q1 Reports Revenue Decline Amidst Regional Challenges
The French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has reported a revenue of €20.3 billion (~$21.75 billion), reflecting a 3% organic decline year-over-year...
Apparel
77% of Adults in UK Plan to Drop Fashion Spending in 2025
A substantial number of residents in the UK are planning to cut back on their spending for fashion items like clothing and footwear in...
Apparel
Shein and Temu Increase Prices Next Week for US Consumers
Chinese online retail titans Shein and Temu have issued warnings to their U.S. customers that prices will increase starting next week, following the significant...
Apparel
UK’s Frasers Group & Accent Unite to Grow Sports Direct ANZ
Frasers Group ("Frasers" or "the Group") has announced a strategic long-term retail partnership with Accent Group to launch and operate Sports Direct in Australia...
Apparel
Ghana Used Clothing Dealers Protest Against Misinformation
On April 11, the Ghana Used Clothing Dealers Association (GUCDA) organized a demonstration in response to what traders believed to be ongoing misinformation about...
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