23 January 2025
23 January 2025
UK retail faces a sombre mood in January as consumer economic sentiment dips to unprecedented levels of -34, with worry most evident within the senior demographic.
What happens to clothing that has been returned by consumers and why is this such an issue for the fashion industry?
Trump told reporters at the White House tariffs on goods from Europe were coming as well as a 10% hike in tariffs on Chinese goods shortly after he announced the US would be withdrawing from the Paris Climate Agreement.
Associated British Foods-owned fashion retailer Primark has reported a sales drop of 4% in the UK and Ireland for Q1 with industry experts noting womenswear was "especially weak".
German sporting-goods brand Puma has launched 'NextLevel' cost efficiency programme, after its 2024 net income fell short of the previous year's figure and expectations.
Danish fashion brand Ganni has reached a procurement contract with Ambercycle for a consistent supply of cycora, a regenerated polyester product as part of its commitment to a sustainable future.
P180, a new venture, has taken majority control in US luxury fashion company Vince Holding (VNCE) for an undisclosed amount, a move that will see Brendan Hoffman return to the brand as CEO.
A study conducted by analysis and insight firm GlobalData and visual merchandising software provider One Door has revealed a $125bn loss in US retail sales over the past year due to poor visual merchandising.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
