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Shein and Reliance to expand India-made clothing sales globally

By Reuters Published June 9, 2025 Fashion retailer Shein and its partner Reliance Retail plan to rapidly expand their Indian supplier base and sell India-made Shein-branded clothes overseas within six to 12 months, according to two people familiar with the matter. Shein and Reliance target global sales for India-produced clothes. – Reuters The sources said […]

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Matalan announces multimillion pound investment in UK stores

Matalan announced on Monday that it’s pumping £25 million into its UK store estate as part of a multi-year transformation programme. The investment will see it opening 10 new and relocated stores and upgrading 30 existing locations this year alone. Matalan’s Beckton store It said the programme will mean “improved store layouts, elevated design and

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Frasers Group opens latest concept store at Overgate in Dundee

Frasers Group has opened a concept store in the Dundee shopping centre, Overgate, that it acquired two years ago. The new store blends sports, premium fashion, lifestyle and beauty under one roof and is located in the former Debenhams unit at the centre.  Debenhams closed its remaining stores four years ago when its acquisition by

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JD Foundation and The Mix launch new mental health support scheme for men

JD Sports‘ UK’s charity arm JD Foundation has picked upcoming Men’s Mental Health Week to team up with The Mix, the digital service for young people offering “ongoing, meaningful support to young men across the country”. Reuters Together, they’re launching a raft of new informative and supportive resources “designed to tackle the mental health crisis

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JW Pei opens first New York City store, expands into ready-to-wear

Los Angeles-based fashion label JW Pei opened on Friday the doors to its first New York City store.  JW Pei opens first New York City store, expands into ready-to-wear. – JW PEI Located at 42 Crosby Street in the heart of SoHo, the new flagship marks a major milestone for the brand as it makes

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G-III Apparel sales down 4%, withdraws annual earnings forecast on tariffs

G-III Apparel announced on Friday a 4% decline in sales to $583.6 million in the first quarter, hurt by the U.S. fashion firm’s returning of its Calvin Klein and Tommy Hilfiger licenses to parent PVH Corp. DKNY However, the New York-based company reported double-digit growth of its key owned brands, namely DKNY, Karl Lagerfeld and Donna Karan, which helped

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Lululemon shares tumble as yogawear firm warns tariffs will crimp profit

By Reuters Published June 9, 2025 Lululemon Athletica’s shares fell as much as 21% on Friday, as the maker of high-end leggings warned that tariff-related costs and uneven demand in key markets of North America and China will dent its profits this year. Lululemon The Canadian firm, whose popular Align yoga pants sell for up to $128

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India hails trade deal in talks with visiting British FM

By AFP Published June 8, 2025 Indian Foreign Minister Subrahmanyam Jaishankar said on Saturday a trade deal with Britain was “truly a milestone” that will boost bilateral ties as he welcomed his counterpart David Lammy to New Delhi. AFP India and Britain struck a long-delayed free trade agreement last month after negotiations were relaunched in

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China says it is working with France on trade differnces, no sign yet of a cognac deal

By Reuters Published June 8, 2025 China and France have agreed to resolve their trade disputes through dialogue, China’s foreign ministry said on Friday, though there was no indication that agreement had been reached in talks on lifting Chinese levies on European brandy. Reuters Talks to resolve the cognac dispute accelerated this week with China’s

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De Beers draws interest from billionaire Agarwal, Qatari funds, sources say

By Reuters Published June 8, 2025 Diamond giant De Beers has drawn interest from at least six consortia, including billionaire Anil Agarwal, Indian diamond firms and Qatari investment funds, sources close to the companies told Reuters. Reuters De Beers is being carved out of Anglo American as the London-listed miner refocuses on copper and iron

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