Data news and archive

May textiles and apparel imports from India to USA up 54%

The Office of Textiles and Apparel (OTEXA) released the May 2025 trade data this week, providing a detailed look at US textile and apparel imports. While overall imports show some growth year-to-date, the apparel sector experienced a notable dip in May, with specific attention on China's evolving position as a key supplier. In May 2025, total...

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Mergers and acquisitions: PwC says fashion and luxury sector is increasingly selective

Mergers and acquisition operations in the consumer sector are slowing down globally. However, seven mega-deals exceeding 5 billion dollars are boosting overall value. In Italy, 158 transactions were announced in the first five months of 2025. These are some of the findings detailed in the report 'PwC Global & Italian Merger and Acquisition Trend...

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Altagamma: future of luxury between top-tier, aspirational clients and high-potential countries like India and Thailand

Milan - Multi-brand retailers are facing a crisis. This is particularly true for those focused on clothing and leather goods, but not those in beauty and watches and necessitates an ever-closer relationship with customers. The luxury sector is experiencing a period of stagnant growth. There is also disaffection among aspirational consumers. This...

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Eurozone retail sales decline

Eurozone retail sales fell in May. Turnover dropped by 0.7 percent month-on-month, the European statistics office Eurostat announced on Monday in Luxembourg. Economists had forecast a decline of 0.6 percent. However, turnover had risen by an upwardly revised 0.3 percent in April. Initially, an increase of 0.1 percent had been recorded. Compared...

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European luxury: A new report reveals the challenges and growth prospects

European premium and luxury brands represent 5 percent of European GDP, or 986 billion euros. This figure, from a new report by the European Cultural and Creative Industries Alliance (ECCIA), in collaboration with the Comité Colbert and Bain & Company, is up 1 percent compared to 2018. While its evolution demonstrates growth dynamics, the...

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Eurozone inflation marginally rises to 2 percent

Eurozone inflation rose slightly in June. The annual inflation rate rose to 2.0 percent, the Eurostat statistics office announced in Luxembourg on Tuesday, according to an initial estimate. In May, the inflation rate had fallen to 1.9 percent. Economists had, on average, expected this slight increase. Inflation in the Eurozone is thus in line...

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Switzerland: Watch exports fall in May after record sales in April

Following substantial deliveries to the US in April, in light of impending tariffs, Swiss watch exports declined in May. However, the ‘boomerang effect’ proved less pronounced than anticipated, according to the Federation of the Swiss Watch Industry (FH). After a significant increase of 18.2 percent in April, Swiss watch exports across all...

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French fashion retail in transition: overview of a reinvented sector

This year, in France, of over 2,000 shop openings recorded by Newmark, only 13 percent concerned the fashion sector. This figure, far from anecdotal, reflected the major shift currently shaping fashion retail and redrawing the landscape of our shopping streets. The turning point began in late 2019. Progressively, more and more mid-range fashion...

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Global luxury market risks facing its worst turbulence in 15 years

Paris - The global luxury market was expected to slow down in 2025, hampered by the geopolitical context and economic uncertainties, with the risk of experiencing its worst turbulence in 15 years. However, the long-term outlook remained positive, according to a study by consulting firm Bain & Company. Luxury sales, "sensitive to uncertainty, are...

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Italian fashion returns to growth, boosted by domestic market and Europe

On the occasion of the opening of Pitti Uomo (PU), a key event for premium menswear in Florence, an exclusive study by Joor, a major global wholesale platform in fashion, revealed a return to vigorous growth in the Italian fashion market in 2025. After two years of decline, the Italian sector showed tangible signs of dynamism, driven by a...

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France consumes more new fashion than ever amid transition to circularity

Purchases of new clothing, footwear and household linen reached a record high in France in 2024, with an average of 42 items per person, the organisation Refashion revealed at a press conference on Tuesday. In 2024, 3.5 billion new pieces were purchased, or 10 million per day, Vanessa Gutierrez, head of studies at Refashion, the body tasked by...

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Strong growth in Chinese retail despite US trade dispute

Chinese retail sales increased by 6.4 percent year-on-year in May, despite the ongoing trade dispute with the US. This marked the strongest growth since late 2023, following a 5.1 percent rise in April. Analysts were surprised by this positive development, having forecasted a decline in growth to 4.9 percent. French bank Société Générale...