The Japan-based fashion retailer Fast Retailing ended the 2025 financial year in a strong position, reporting a 9.6% year-on-year increase in revenue and a 13.6% year-on-year increase in business profit
The online fast-fashion retailer is set to open its first physical store at the BHV Marais department store in Paris in November, with further openings planned in other cities. However, this decision has prompted a public backlash
In its latest trading update, the UK-based online fashion retailer announced lower than expected revenue against a soft consumer backdrop, but said it had improved profitability
In his will, the late designer Giorgio Armani instructed his heirs to gradually sell the fashion house he founded 50 years ago or seek a market listing. Priority is to be given to LVMH, EssilorLuxottica or L’Oréal
The Sweden-based fashion group reported a 40% rise in operating profit as a result of an improved customer offering, improved gross margins and effective cost management
The inaugural fair brings together global brands and local talent, reflecting the Kingdom’s Vision 2030 ambition to diversify its economy and create new opportunities for lifestyle industries
Although overall retail sales increased in the first half of the year, fashion sales fell, weighed down by weak demand in the early months, inflationary pressures and new tariffs. In this context, the online channel remains a bright spot, as consumers increasingly seek convenience and discounts. At the same time, footwear imports in the first seven months of the year recorded higher values but lower volumes, as average prices climbed under tariff pressure. Despite glimpses of improvement, retailers face a challenging road ahead, with fragile consumer sentiment and uncertain trade policy
Ahead of the release of the full year results, the parent company of Primark provided a trading update that highlights sequential improvements in the UK and Ireland region
The Spain-based fashion retailer posted a 1.6% year-on-year sales increase in the first half of the year. Early figures for August and September suggest a more significant increase in the months ahead
Authentic Brands Group has reached an agreement with lifestyle brand Guess? to acquire a majority stake in its intellectual property in a deal valued at approximately 1.4 billion USD
The Germany-based online fashion retailer has experienced growth in revenue and profit in the second quarter. Investment in AI technology will now form part of its strategy for expanding its customer base
Although the retail sector has shown modest year-on-year growth overall, the footwear segment continues to struggle. Meanwhile, online sales have recorded double-digit increases since September 2024. The truth is that despite signs of easing inflation and seasonal discount campaigns, both retailers and consumers remain cautious amid geopolitical tensions and economic uncertainty. The rebound seen earlier in the year has given way to cautious forecasts, particularly in light of the sharp downturn in footwear imports and the potential ramifications of shifting trade policies
Unlike our previous forecast, the Spanish fashion sector is currently under pressure, with its turnover down by 2.56% year-on-year in the first half of the year. The footwear sector, in particular, is showing worrying signs, with low prices and cautious consumer behaviour. This has left retailers with high inventory levels and high hopes for summer discounts. However, only time will tell if the slowdown of the Spanish economy due to mounting global geopolitical and financial uncertainty will affect their prospects
Despite a strong start to 2025, the Dutch retail sector has been experiencing some volatility. Sales in the footwear sector recorded significant fluctuations, reaching their lowest point in April with a decline of 7.5%, before recovering to a decline of 2.5% in May. Notably, the footwear sector experienced negative inflation in these months, meaning consumers paid less for footwear. However, imports to the Netherlands have increased in the first quarter, and Retail confidence remains above zero. Therefore, despite negative consumer confidence and a challenging macroeconomic backdrop, there may still be some hope for the rest of the year