Tag: retail
Apparel
US Clothing Sales Rise Amid Tariff Concerns in March
In March 2025, sales at US clothing and accessories stores rose by 0.76% month-over-month, seasonally adjusted, as households prepared for anticipated price hikes due...
Fashion
AI Tool Reduces Walmart Fashion Lead Time by 18 Weeks
Walmart has introduced a new trend-sensing design tool that leverages AI and generative AI to deliver on-trend, affordable products faster than ever, all while...
News
China Responds with 125% Tariff on U.S. Imports
China will raise tariffs on U.S. goods to 125% starting Saturday, up from the previously announced 84%, the country’s finance ministry said on Friday....
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...
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