Fashion news and fashion jobs

US fashion industry poised for sourcing consolidation and AI integration, study finds

The US fashion industry is facing another year of uncertainty. From the IEEPA tariffs that were ruled unconstitutional by the Supreme Court to the expiring Section 122 tariffs that took their place to the new 301 and 232 tariffs – tariffs remain a top concern for US fashion businesses from brands and retailers to importers. The United States...

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UK retail's resilience: How disruption led to a stronger market

For much of the past five years, discussion around UK retail has centred on rising costs, inflation and cautious consumer spending. Yet while a challenging picture has been painted for those looking in, many retailers have been quietly adapting. Rather than emerging weaker, the market has become increasingly focused on differentiation, with...

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Prada Group closes H1 with a 16 percent increase in net revenue

Prada spa reported net revenue of 3.048 billion euros (3.50 billion dollars) in the first half ending June 30, an increase of 16 percent year-over-year (plus 5 percent on an organic basis). The company closed the second quarter with 7 percent growth. According to a statement from Prada spa, retail sales amounted to 2.633 billion euros. This is...

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Adidas Q2 net sales improve, lifts annual sales growth outlook; Birgit Kretschmer named CFO

Adidas AG, the German athletic apparel, footwear, and related products company, on Thursday reported a decline in net profit for the second quarter of fiscal 2026, hurt by loss from discontinued operations. However, the company recorded a rise in net sales, helped by improved demand. For the three-month period, the company reported a net income...