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By Reuters Published August 12, 2025 Imports into the US fell more than expected in June as concerns around shifting tariff policies hit retailers, raising fears of fewer product options in stores for shoppers, data from the National Retail Federation showed on Friday. Under Armour has already reported feeling effects from tariff uncertainty The data […]

By Reuters Published August 12, 2025 British consumers raised their spending in July as unusually warm weather at the start of the month boosted clothing sales but demand cooled along as temperatures dropped and some of the increase reflected higher food prices. Temperatures and prices have been high this summer The British Retail Consortium –

By Reuters Published August 12, 2025 US President Donald Trump extended a tariff truce with China by another 90 days on Monday, a White House official said, staving off triple-digit duties on Chinese goods as US retailers prepared for the critical end-of-year holiday season. A tariff truce could enable US businesses to more easily import goods

By Bloomberg Published August 12, 2025 Canada’s Gildan Activewear Inc. is in advanced talks to buy US underwear maker Hanesbrands Inc., the FT reported, citing people familiar with the matter. Hanesbrands specialises in inner wear – Bonds The transaction could value Hanesbrands at nearly $5 billion including debt and it may be agreed by the

By Reuters Published August 11, 2025 S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said on Monday, after sales of Kering’s Gucci brand and other products declined in the first half of the year. Gucci is one of Kering’s largest labels – Gucci

By Reuters Published August 11, 2025 Adidas has formally apologised after Mexico President Claudia Sheinbaum criticised the sportswear brand over a shoe that replicated traditional Indigenous huarache sandals without attributing the design or crediting artisans. The ‘Oaxaca slip-on’ by Adidas – HiSo Burman- Facebook The misstep comes shortly after Prada triggered a widespread backlash in

By Bloomberg Published August 11, 2025 I love markets. I also love diamonds. This helps explain why I am experiencing a kind of existential crisis: The popularity of lab-grown diamonds is making me question the beauty of markets, which is their ability to place a value on pretty much anything. Diamond jewellery by Mini Diamonds

Published August 11, 2025 Ownership of digital fashion/lifestyle retail giant Very Group is expected to transfer to one of its major lenders — US investment giant Carlyle Group. Current owner, the Barclay family, is preparing to cede control of the business this autumn, reports suggest. Very UK Carlyle, which is the biggest lender to Very

Published August 11, 2025 As it approaches its 20th anniversary in 2026, Copenhagen Fashion Week appears to be going from strength to strength. Hugely influential in terms of its pioneering sustainability focus, its latest outing last week also offered up some strong collections. See catwalkCecilie Bahnsen – Spring-Summer2026 – Womenswear – Danemark – Copenhague –

By Bloomberg Published August 11, 2025 Indian banks are increasing scrutiny of new loan applications from exporters by asking about exposure to the US market and contingency plans for coping with US President Donald Trump’s steep tariffs, according to people familiar with the matter.    The GJEPC works to boost Indian gem and jewellery exports