Data news and archive

Switzerland: watch exports almost stable in May

Zurich - Swiss watch exports remained almost stable in May, recording a modest increase of 0.4 percent to 2.1 billion Swiss francs, amid a sharp decline in China, the watch federation announced on Thursday. This stabilisation, however, helps “to mitigate the cumulative decline observed over the first five months of the year,” the federation...

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Retail

Artificial intelligence can unlock up to 320 billion euros for European retail

Amsterdam — Artificial intelligence is no longer a future trend but an active force reshaping the European retail value chain. A collaborative report 'Rewiring retail in Europe: The AI imperative' published by European retail association EuroCommerce and global management consulting firm McKinsey & Company last week, reveals that end-to-end AI...

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Circular fashion: European market estimated at 100 billion euros by 2030

The European circular fashion market could surpass the 100 billion euro (116 million dollars) mark by 2030. This figure, revealed this Thursday by the Fédération de la mode circulaire (FMC) and KPMG, demonstrates the economic power of a market that was once a niche but is now a priority for companies in the sector. A massive economic impact The...

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Retail

Physical retail shifts its metrics: quality over quantity

The latest data published by the Spanish company TC Group Solutions in its 2026 Retail Intelligence Report points to an ongoing transformation in how European physical retail performance is measured. This scenario requires a review of one of the most historically used indicators by operators and brands: pedestrian traffic. It paves the way for...

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Drip by Drip targets menstrual health gaps in Bangladesh garment factories

NGO Drip by Drip has launched a new programme designed to tackle menstrual health challenges facing women in Bangladesh’s garment sector, an issue it says remains largely overlooked across global fashion supply chains. Announced on World Menstrual Hygiene Day, the initiative, dubbed ‘Menstrual Dignity in Fashion’, will run across 10 ready-made...

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Fashion pulse USA - April 2026

Consumer prices US headline CPI accelerated to +3.8 percent year-on-year in April 2026 per the Bureau of Labor Statistics, up from +3.3 percent in March — above the consensus forecast of +3.7 percent and the highest reading in several months. Trading Economics directly cites the Iran-related oil shock as the dominant driver, with energy costs...

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Fashion

Kearney Report: Luxury sector shifts to stabilisation, not decline

Kearney’s latest '2026 Global Luxury Industry Outlook' report suggests the global luxury sector is moving into a period of stabilisation instead of a decline, as brands address slower growth, shifting consumer expectations and continued economic uncertainty. The consultancy firm forecasts luxury market growth of 2 to 4 percent in 2026, below...

Retail

BRC warns of rising costs as Middle East conflict adds pressure

The British Retail Consortium (BRC) has called on the UK government to act on rising domestic cost pressures, as new polling shows growing concern among consumers over the impact of the Middle East conflict on prices. Research commissioned by the BRC found that 80 percent of people are worried the conflict will lead to higher food prices, while...

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Study: Retailers scale back growth plans as global pressures mount

Global retailers are becoming more cautious in their approach to growth strategies amid intensifying economic and geopolitical pressures, according to new research from World Retail Congress (WRC), Incisiv and Manhattan Associates. The study, released at this year’s WRC, which kicked off yesterday in Berlin and will run until April 29, found...

Fashion

Counterfeiting: Goyard's exclusivity attracts counterfeiters

Artificial intelligence authentication platform Entrupy has published its new State of the Fake report. Similar to the results published in 2025, this year's report shows Louis Vuitton as the brand with the highest volume of counterfeit products. It is followed by Gucci, Prada, Chanel and Dior. The enthusiasm for the Louis Vuitton monogram...

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Euratex: European textile and clothing industry contracts for third consecutive year

The European textile and clothing industry contracted for the third consecutive year in the 2025 financial year, according to the annual report from industry association Euratex. The report documents a continued decline in production, employment and confidence within the sector. The report shows that production volumes fell further in 2025....

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Hermes International stock falls 8% over lower revenue in Q1

Stock of Hermes International SA (HESAF.PK) is falling about 8 percent on Wednesday morning trading after the company reported a decline in revenue for the first quarter, to 4.070 billion euros, compared to 4.129 billion euros, last year. The company's stock is currently trading at 1,635.00 euros, down 8.30 percent or 148.50 euros, over the...