The UK-based footwear company has narrowed its first-half losses as revenue has risen slightly and full-price sales have strengthened, thanks to the early success of its consumer-first strategy
Since May, the UK’s textile, clothing, and footwear (TCF) sector has regained momentum, outperforming the total retail sector and benefiting from increased online demand. But this rebound masks underlying weaknesses in the footwear sector: consumer spending remains low amid persistent price deflation, and imports have fluctuated significantly as retailers adjust stock levels in response to volatile demand. With inflation still above the target rate and the Budget looming, the retail sector has entered the Golden Quarter with improved sales but constrained by economic uncertainty and cautious consumer behaviour
Despite reporting a solid performance in the third quarter, the UK-based sportswear retailer has lowered its full-year profit outlook in light of recent weak macroeconomic and consumer trends
A 2% year-on-year increase in comparable sales in the second quarter of its financial year was reported by the UK-based luxury group. Growth in Greater China also resumed during this period
After reporting a 13% full year adjusted operating profit decline, driven by the weak performance of its sugar unit, Associated British Foods has announced that it is considering splitting its Primark and food divisions
The sneaker and lifestyle brand, which is owned by Authentic Brands Group, has opened its European headquarters in London and appointed Marc Le Roux as the new regional CEO of Reebok
Retail activity in the UK is showing signs of slowing down, with consumer caution ahead of the Autumn Budget dampening spending and footfall in major shopping areas
Year-to-date Chinese footwear exports are down, while Vietnam and Indonesia have grown. EU exports increased modestly, with Portugal performing better than Spain and Italy. US imports increased in value
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
The UK-based sportswear retailer has reported strong sales growth in the first half of its fiscal year, driven mainly by its Hibbett and Courir acquisitions in the previous fiscal year
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 online fashion retailer has signed a legally-binding agreement with the International Transport Workers' Federation (ITF) to protect the rights of transport workers across the supply chain
The UK-based sportswear retailer reported an improvement in its performance in North America in the second quarter, driven by the launch of new footwear lines. The UK remained its weakest market
The UK-based footwear retailer has lowered its full year adjusted profit before tax forecast, citing challenging trading conditions and a further weakening in consumer confidence
After a promising start to the year, the UK retail sector is now showing signs of slowing down. Textile, clothing and footwear (TCF) sales, which had recorded consistent year-on-year growth in the first months of 2025, have now begun to decline, reflecting a general downturn in retail performance. Online sales have been highly volatile, with TCF categories being particularly sensitive to changes in consumer sentiment. Meanwhile, rising inflation and weakening consumer confidence are putting downward pressure on spending, and the decline in sales suggests that imports may follow this trend