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Retail

Major retailers plan US store growth for 2026: A comprehensive overview

Despite widespread store closures anticipated at the start of 2026, it isn’t all doom and gloom for the US retail industry. In fact, many players still see significant market opportunities, driven by brand acquisitions, robust consumer demand, and a push to capture greater market share. As a result, some are planning ambitious, in some cases...

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Business

Cheap clothing imports, high-quality material exports: figures reveal Japan's fashion industry

In recent years, Japan's apparel market has consistently fallen short of the nine trillion yen level seen before Covid-19. One reason for this phenomenon is the labour shortage in the textile industry. The average annual income in the textile sector is 5.81 million yen, which exceeds the wider industry average. However, textile wages remain more...

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