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Despite doubts over economy, Americans set for record holiday spending

Americans are expected to spend a record amount over the holiday season, despite lingering worries in the world's biggest economy about stubborn inflation, tariffs and the knock-on effects of the government shutdown. "Consumers remain pretty concerned about inflation and, there's no doubt, about where prices are going," Mark Mathews, chief...

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Kidswear brand Roarsome secures investment to drive growth

Sustainable outdoor kidswear brand Roarsome has secured 1.5 million pounds of new investment led by Sustainable Wealth Group to support its next phase of growth. In a statement, the kidswear brand, which offers snow suits, coats, swimwear, and sportswear made entirely from recycled plastic bottles (using suppliers like Repreve and FENC TopGreen,...

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Klättermusen acquires distribution partner in South Korea

Swedish outdoor brand Klättermusen has acquired its distribution partner AYL in South Korea. Klättermusen has been working with AYL for nine years. It will now establish a subsidiary there with the existing AYL team. “The acquisition is a logical next step after almost a decade of partnership. It leads to closer collaboration between the teams...

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Marks & Spencer launches renewable energy programme across supply chain

British department store Marks & Spencer has launched a new programme aimed at accelerating the adoption of renewable electricity across its fashion supply chain. Dubbed Re:Spark, the scheme, developed in partnership with Schneider Electric, builds on a wider mission of the retailer to achieve net-zero emissions throughout its value chain by...

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Umbro secures new licensing partners ahead of 2026 relaunch

Sportswear brand Umbro is moving closer to its 2026 relaunch. The Manchester label’s parent company, Iconix International, has announced a slew of new partnerships intended to grow its apparel offering across the US and Canada. Among them, Isaac Morris Ltd. has been named the brand’s exclusive apparel partner for the two regions, starting 2026....

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Italy probes Tod's executives over labour exploitation

Italian prosecutors are investigating three executives from luxury fashion label Tod's, as well as the company itself, for alleged labour exploitation, according to a court document seen Thursday by AFP. Milan Prosecutor Paolo Storari had previously requested a six-month ban on the company's advertising, with Judge Domenico Santoro fixing a...

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Asos FY25 profitability improves but revenues decline

Asos reported a step forward in its multi-year turnaround as the Group delivered substantial improvements in profitability, stock efficiency and cost discipline during the 52 weeks to 31 August 2025, despite softer consumer demand and a deliberate pullback on low-quality orders. The company posted an adjusted loss before tax of 98.2 million...

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Gap Inc. posts Q3 comparable sales growth driven by Old Navy and Gap brand

Gap Inc., one of the largest specialty apparel retailer in the United States, reported third-quarter fiscal 2025 results marking the company’s seventh consecutive quarter of positive comparable sales. Net sales for the quarter ended November 1, 2025, rose 3 percent to 3.9 billion dollars, driven by broad-based strength across its Old Navy, Gap,...

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Kantar report: AI, retail media and 'treatonomics' to reshape fashion in 2026

As 2026 approaches, fashion is entering a new strategic cycle. The Kantar Marketing Trends 2026 report outlines its key features: the rise of AI agents; the structural transformation of retail; a revolution in creativity; cultural fragmentation; and the emergence of micro-communities. These forces are profoundly transforming how brands emerge,...

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Greenpeace says clothes sold by Shein break EU chemicals rules

Clothing items sold by Asian e-commerce giant Shein contain dangerous chemicals at levels well in excess of EU rules, Greenpeace charged in a report published on Thursday. A spokesman for Shein told AFP that "as a precaution we will withdraw the articles that we can identify from our marketplace worldwide". Greenpeace Germany said 18 clothing...

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Walmart Q3: Leadership transition, fashion momentum and Nasdaq shift

Walmart reported solid performance in the third quarter of the current financial year as the US retail giant prepares for a change in leadership and a shift in its stock exchange listing. Long-serving president and CEO Doug McMillon announced his planned departure earlier this month, with John Furner due to succeed him in early 2026. In the...

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Global luxury “stays resilient” despite economic uncertainties and consumer shifts

Global luxury markets proved resilient into 2025, as consumers worldwide spending reached 1.44 trillion euros, to stand broadly flat compared with last year, with the luxury sector expected to improve in 2026, according to management consulting firm Bain & Company, in partnership with Altagamma, the Italian luxury goods manufacturers’ industry...