Fashion
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
Saks Global lays off hundreds of people
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has laid off hundreds of employees as part of a plan to consolidate operations as the retailers merge
Spain Retail: a case for optimism
Despite a decline in fashion sales in January, February bucked the trend, and the data points to a stable performance for the sector in 2025, with online taking the lead. Although the deflation in the apparel and footwear sectors is not good news, retailers in general remain optimistic about the future - as shown by the import data - supported by the economic growth the country has experienced and is expected to continue to experience
New fashion chapter in Düsseldorf with TWODAYS
Set to debut alongside Düsseldorf Fashion Days, TWODAYS introduces a compact and refreshed approach centred on concentration, quality and relevance—paired with Neonyt’s sustainable fashion platform
Primark CEO resigns amid allegations of misconduct
Associated British Foods (ABF) has announced that Paul Marchant has resigned as CEO of Primark amid allegations of misconduct. He will be replaced on an interim basis by Eoin Tonge, ABF’s finance director
Gerry Weber goes bankrupt again
After its German parent company was declared insolvent, the Dutch branch of women’s fashion chain Gerry Weber has filed for suspension of payments. This is the third bankruptcy in six years-
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