US retail sales are forecasted to grow between 2.7 percent to 3.7 percent in 2025, reaching 5.42 to 5.48 trillion dollars, according to the National Retail Federation (NRF). This projection was shared earlier this week, during the NRF’s annual State of Retail & the Consumer event, and reflects economic momentum driven by low unemployment and...
Apr 4, 2025
California-based women's lifestyle label Sanctuary has launched a resale marketplace under the name Resanctuary. Powered by Treet, the new platform is an extension of the brand's existing values and sees it introduce a name mantra: Reuse. Rewear. Resanctuary. Part of the brand's ongoing commitment to extending the life of its products and...
On the second day of Taipei Fashion Week (TPEFW), March 28, crowds shuffled into the event’s home at SCCP Warehouse 4 under dimmed lighting and over a grassy terrain to take their seats for the Inmories show. Even in its short lifespan, the local brand has assembled a sizable community that is young and diverse in comparison to many of its TPEFW...
Following the opening of its international flagship stores in Paris, France, and Seoul, South Korea, Los Angeles-based women's lifestyle brand L'Agence has opened a new flagship store in the United States. Located on Madison Avenue in New York City, the new Manhattan flagship store is the latest brick-and-mortar store from L'Agence to open in...
American consumers are bracing for potential price hikes on clothing, with estimates suggesting an increase of around 8% due to the tariffs announced this week. This could translate to an extra US $7 on a typical US $90 item like a sweater or jeans. The widespread impact is due to the fact that approximately 97% of apparel purchased in the US is...
Direct-to-consumer footwear brand Vivaia has opened its first store in New York City, United States. The largest market globally for Vivaia, the debut flagship store opening comes as the five-year-old brand continues to strengthen its presence in the US. Located in the center of the SoHo district at 68 Prince Street, the physical store builds on...
Americans will face a significant increase in shoe prices following this week's newly announced import tariffs. For instance, a pair of shoes currently retailing at $100 may soon cost an estimated $107, as the added tariffs ripple through the supply chain. Last year alone, China and Vietnam exported a combined $18.5 billion worth of footwear to...
Arena is expanding its range of products manufactured in Italy. The Italian swimwear specialist is now also producing its new goggle model, "The One Plus", domestically, Arena announced. The product is manufactured in a production facility inaugurated last year in Campogalliano, Modena – approximately 60 kilometres from Bologna and 300...
Leading charity retailer Traid has unveiled its TraidTogether initiative alongside significant new research providing valuable insights into the evolving second-hand fashion landscape in the UK. The national survey, conducted by Statista, offers fashion industry professionals a comprehensive view of current consumer behaviours and attitudes....
A banking consortium led by US investment bank Goldman Sachs is reportedly ready to provide Prada with a 2.5 billion euro financing line to support the Italian fashion group's acquisition of Versace, the Milan daily MF Fashion reported on Friday. Approximately 1.5 billion euros would be used for the acquisition, while the remaining one billion...
China has announced countermeasures on imports from the US, which will amount to up to 34 percent. According to the Customs Commission of the State Council of China, the tariffs will go into effect on April 10. The decision is a response to the "Liberation Day" import duties announced by the US government on Wednesday. The additional tariffs led...
A new advertising campaign by Italian luxury footwear brand Tod's is a revelation of the opportunities and tensions facing heritage brands seeking contemporary relevance. The leather goods house has unveiled "Italian Diaries," a campaign that positions its signature Gommino driving shoe within a carefully constructed narrative of international...