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Columbia Sportswear Company announced in its newly released 2024 Impact Report that it has exceeded 80% of its Planet Water goal to provide access to clean water for 100,000 people per day.  Columbia Sportswear company surpasses 80% of Planet Water goal. – Columbia Sportswear The report reflects progress across Columbia’s four primary brands—Columbia, Sorel, Mountain […]

Australian swimwear brand Seafolly is set to open its first American flagship store in Corona del Mar, California, on August 7.  Seafolly to open first U.S. flagship store in Corona del Mar. – Seafolly Located at 932 Avocado Avenue, the new boutique is expected to bring Seafolly’s signature Australian beach lifestyle to the heart of

Translated by Nazia BIBI KEENOO Published July 31, 2025 Laos, already struggling with high inflation and severe labor shortages, faces the risk of job losses and declining market share due to a 40% US tariff set to take effect this Friday, in the absence of a bilateral agreement, experts warn. Shutterstock This landlocked Southeast Asian

By Reuters Published July 31, 2025 Global gold demand including over-the-counter (OTC) trading rose by 3% year-on-year to 1,248.8 metric tons in the second quarter of 2025 as investment jumped 78%, the World Gold Council said on Thursday. Reuters Spot gold prices are up 26% so far this year after hitting a record $3,500 per

In the first six months of 2025, eyewear specialist Safilo posted net sales of 537.6 million euros, up 2.3% at constant exchange rates and 1.1% at current exchange rates. In the second quarter, which closed at 251.9 million euros, alongside similar growth at constant exchange rates, there was a 1.1% decline at current exchange rates,

Global fashion giant Shein is back in Montreal for the third consecutive year with The Shein MTL Edit, a three-story pop-up designed to bring the brand’s digital-first world to life.  Shein opens three-story pop-up in Montreal. – Shein Now open at 1420 Stanley Street from July 30 to August 3 and August 8 to 10,

By Reuters Published July 31, 2025 Reuters Sales increased to HK$30.1 billion ($3.8 billion). In May, retail sales rose 2.4% compared with the same month a year before. In volume terms, June retail sales decreased 0.3% from a year earlier, compared with a 1.9% rise in May. For the first half of 2025, the value

Translated by Nazia BIBI KEENOO Published July 31, 2025 In the first half of the year, Hermès reported solid growth across all global markets, reflecting what CEO Axel Dumas called “the strength of the Hermès model.” With few competitors matching such performance, the French luxury house posted sales of €8 billion, up 7% (+8% at

Salvatore Ferragamo on Thursday reported consolidated revenues of 474 million euros for the first half, down 9.4 percent at current exchange rates and down 7.1 percent at constant exchange rates compared to the first half of 2024. Sales were hurt, in particular, by a deterioration in consumption, persistent weakness in the Asia-Pacific region, and a

By Reuters Published July 31, 2025 One quarter after taking over as CEO of Puma, Arthur Hoeld has appointed a new member to the company’s executive committee. The German sportswear and equipment manufacturer has promoted Andreas Hubert to chief operating officer, making him the fifth member of the committee. Andreas Hubert – Puma Hubert, a twenty-year Puma