Tag: retail
Apparel
Shein Reverses Price Increase Following US China Tariff Deal
Fast fashion retailer Shein has reversed its earlier decision to increase prices, a change that comes shortly after the US and China reached an...
Apparel
Misto Holdings Q1 FY25 Revenue Rises 4.6% to $892.8M
South Korea’s leading sportswear company, Misto Holdings, previously known as Fila Holdings, reported a 4.6 per cent year-over-year (YoY) increase in consolidated revenue, reaching 1.24 trillion won...
Apparel
Shein, Temu Growth Slows; Spending Shifts to US Retailers
In April 2025, US consumer spending on ultra-discount Chinese retailers, such as Temu and Shein, experienced a sharp slowdown, according to Consumer Edge (CE),...
Fashion
Richemont Achieves €21.4B Sales Amid FY 2025 Growth
Switzerland-based luxury goods conglomerate Richemont has reported group sales of €21.4 billion (approximately $23.97 billion) for the fiscal year ending March 31, 2025, marking...
Apparel
Kenya: Second-Hand and Local Apparel Sectors Can Coexist
A recent study conducted by the Institute of Economic Affairs Kenya and the Mitumba Consortium Association of Kenya (MCAK) has revealed that Kenya’s second-hand clothing trade, popularly known...
Apparel
Walmart Q1 FY26: Record $165.6B Revenue, 22% E-commerce Rise
Walmart, the American retail giant, has unveiled its financial results for the first quarter of fiscal year 2026 (FY26), showcasing a 2.5% year-over-year (YoY)...
Apparel
American Eagle Q1 Results: Revenue Drops, Strategy Shifts
In its preliminary first-quarter report, American Eagle Outfitters (AEO) described its results as “disappointing,” prompting the company to reassess its strategies for the months...
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