Nordstrom is to be acquired by the Nordstrom family and Mexican retailer El Puerto de Liverpool in a deal worth $6.25 billion.

Shein has announced it is to participate in a US data pilot programme put forward by the CBP for de minimis imports.

Nike Brand revenues fell by 7% to $12.0bn in Q2 FY25. Credit: 8th.creator/Shutterstock. Nike’s Q2 basic earnings per common share were $0.78, a decrease from $1.04 ...

The agreement will help engage in educational endeavours across the entire textile production spectrum. Credit: SvitlanaRo/Shutterstock. This agreement aims to facilitate communication and cooperation ...

With cotton production privatisation, Uzbekistan has introduced ‘cluster’ models. Credit: Lourencolf/Shutterstock. German enterprises are said to be increasingly considering Uzbekistan as a potential ...

The company plans to provide an additional update on trading in January 2025. Credit: AVM Images/Shutterstock. The company attributes this to a dip in consumer spending and atypical weather patterns ...

Last week Boohoo urged its investors to resist pressure from shareholder Frasers Group, which penned another open letter requesting the appointment of Mike Ashley and Mike Lennon as directors on its ...

Kingpins Hong Kong has held its second pop-up annual event at the DX Design Hub in the Sham Shui Po district, showcasing denim innovation and workwear heritage. The pop-up show was one of several ...

Voyado plans to refine its platform with H&M Group’s insights. Credit: paul saad/Shutterstock. The stake purchase follows H&M Group Ventures’, the venture capital division of the global retail giant, ...

According to research from Ayden and the Centre for Economic Business and Research (Cebr), returns fraud cost the UK retail industry £11.3 billion in 2023, an average of £1,394,518, per retailer, due ...

What will 2025 bring for the apparel industry? Credit: Shutterstock. From freak weather events to soaring inflation and the fallout of global conflicts leading to dampened consumer spending, 2024 has ...

Clothing stores sales volumes fell by 2.6% in November, following a 3.5% fall in October 2024. This left clothing stores sales volumes at their lowest level since January 2022, with retailers ...