Fashion
Uniqlo parent company reports strong nine-month performance
The Japan-based fashion retailer Fast Retailing has reported a strong performance over the first nine months of its fiscal year, reiterating its outlook for the full year
Miguel Vieira in the spotlight in Milan
In an effort to reach a broader audience, the Portuguese fashion designer returned to the Milan Fashion Week runway to present his Spring/Summer 2026 collection
Gerry Weber closes all its stores, sells trademark rights
The German fashion retailer is closing all its stores in Germany and Europe while selling its trademark rights to Spanish retailer Victrix. This follows its third insolvency in a few years
Primark plans significant workforce cuts
The international retailer plans to reduce staff in key support functions, impacting about 7% of Dublin HQ jobs, as it restructures to maintain competitive pricing and invest in overseas markets
H&M reports first half progress
Despite reporting only a slight increase in sales in the second quarter and the first half, Daniel Ervér (CEO) highlighted the progress that the Sweden-based fashion group is making towards achieving healthier profitability
British consumers cut back on non-essential spending
According to the British Retail Consortium (BRC), May recorded the slowest growth in retail sales in 2025, as fashion and full price big-ticket items suffered from lower consumer confidence
EU Commission targets Shein over consumer protection concerns
The European Union Commission has urged Shein to comply with EU consumer protection laws, warning that the fast-fashion retailer could face fines if it fails to address the concerns that have been raised
Inditex reports slower growth in the first quarter
The Spain-based fashion retailer saw a 1.5% year-on-year increase in sales in the first quarter of 2025. However, these figures fell short of expectations, highlighting a more challenging economic environment
Authentic Brands Group expands its portfolio with Dockers acquisition
The US-based brand management group has announced that it will acquire the Dockers brand from Levi Strauss & Co. for 311 million USD. The transaction is expected to be finalised in the third quarter
US Retail: bleak prospects amid growing uncertainty
The footwear retail sector is definitely underperforming, especially compared with clothing and accessories. The current trade war between the US and its trading partners is not helping consumers recover from last year’s inflationary crisis. Consumer confidence has fallen by almost 30% in the first four months of the year as people believe that shoe prices may rise significantly again. Against this backdrop, importers are at a standstill, trying to guess the best course of action. Uncertainty is the word that best describes the current situation in the sector
UK Retail: the sector appears to be holding its own
The UK retail sector appears to be holding its own despite fears of increased costs as a result of the new Employment Rights Bill. In particular, retail sales of Textile, Clothing and Footwear (TCF) have risen back-to-back in the first quarter of the year, and the improvement in footwear inflation from negative to neutral in March may suggest a boost to demand. Although consumers aren’t exactly optimistic about the future, especially with new rising bills and the ongoing US trade war, retailers still have reasons to restock
Zalando reiterates full year guidance
The fashion online retailer has reported a strong first quarter with growth in revenue and profits. As a result, it has confirmed its full year outlook despite the challenging macroeconomic environment
UK & Ireland remains a weak spot for Primark
Associated British Foods, owner of Primark, has released its trading update for the first half of its fiscal year. Primark’s sales grew in the period, despite weaker results in the UK & Ireland market
Global Fashion Summit focuses on innovation to turn barriers into bridges
Less than a month to go until the opening of the Global Fashion Summit, a leading international forum dedicated to sustainability. This year’s edition will focus on innovation to turn barriers into bridges
Asos profitability improves
The UK-based online fashion retailer has reported improved profitability in the first half of its current financial year, underlining the success of its new commercial model-
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