Fashion
Shein seeks to reassure investors amid US policy changes
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule
Zalando and Diane von Furstenberg announce exclusive partnership
The Germany-based online multi-brand retailer has become the exclusive retail partner for the Belgian fashion designer Diane von Furstenberg (DVF) in Europe
Caleres partners up with Favorite Daughter
The US-based footwear company has signed an exclusive licensing agreement to launch the first line of Favorite Daughter shoes, starting with the Fall 2025 season
Fashion and footwear exports from Uruguay end 2024 with a positive balance
After a rocky start to 2024, Uruguay’s fashion and footwear sales grew by 4% throughout the year, according to Uruguay XXI
Japan Retail: no concrete forecasts as the country adjusts to a new economic paradigm
While the online channel continues to stand out in a retail market that has seen a slight increase in spending since September 2024, the fashion sector has struggled the most, most likely due to the warm weather that has affected seasonal shopping. For footwear in particular, after a year of low prices, there’s reason to wonder if the picture of near-zero interest rates could hurt consumer behaviour, as their confidence wanes. The overall stability of imports, despite currency fluctuations, doesn't allow for a concrete forecast
H&M reports fourth quarter and full year results
The Swedish fashion group has highlighted the strength of its online channel and improved profitability, despite lacklustre sales in the fourth quarter of its 2024 financial year
US Retail: fuzzy outlook for the year 2025
While footwear sales are expected to have ended 2024 on a high note, overall retail sales were more subdued than in the previous year, suggesting that consumers were cautiously optimistic throughout the year. However, rising inflation in the final months of the year appears to have made them wary again and import figures suggesting that retailers will need to stock up again may be hard to come by, as the tariffs imposed by the Trump administration on goods from Mexico, Canada and China have caused some instability. While the outlook for 2025 is not negative, it is certainly not euphoric
Growing number of foreign buyers at Pitti Uomo
At the last edition of the men’s fashion fair held in Florence, foreign buyers increased by 6.5% compared to twelve months ago and in line with the June edition, while Italian buyers remained stable
Primark lowers full year outlook
The UK-based fashion retailer, owned by Associated British Foods, has lowered its full year outlook, after a first quarter sales decline in the UK and Ireland, which accounted for around 45% of its total sales
LVMH reports stable performance after a difficult year in 2024
Amidst a challenging global economic environment, the France-based luxury group has reported stable 2024 results, highlighting a slight acceleration in growth in the fourth quarter
UK Retail: the future is not looking very bright
Textile, Clothing and Footwear (TCF) sales have held their own in the final quarter of the year, showing resilience to the drag from overall retail sales. However, the sticky above-target inflation in the UK over the past year is a cause for concern as wages fail to keep pace. In addition, the higher costs for retailers predicted in the last Budget may leave them with little choice but to raise prices and cut jobs. As much as imports have shown some stability, the future for the retail sector is not looking very bright at the moment
Sanjo teams up once again with Wolf & Rita
The footwear brand has once again teamed up with the fashion brand Wolf & Rita, renowned for its distinctive and artistic approach to clothing, to show its pride in Portuguese heritage
More than 7 000 visitors expected at the next edition of Inspiramais
The next edition of Brazil’s leading event for the launch of materials for the footwear, clothing, upholstery, furniture and jewellery industries returns to Porto Alegre on the 21st and 22nd of January
Solid start to the fiscal year for Uniqlo’s parent company
The Japan-based fashion retailer has posted a solid first quarter for fiscal 2025, as Uniqlo continues to perform well at home and abroad, particularly in North America and Europe-
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