Jangoulun Singsit

1 day ago | retail-insight-network.com | Jangoulun Singsit

American sportswear brand Under Armour has reported a 9% decrease in revenue for fiscal year 2025 (FY25), totalling $5.16bn, down from the $5.70bn recorded in the prior year. The decline was consistent across all markets, with North American revenue dropping by 11% and international revenue by 6%. Retail outlets owned by the company experienced a 2% revenue decrease while e-commerce faced a significant 23% reduction due to strategic cuts in promotional activities.

1 day ago | retail-insight-network.com | Jangoulun Singsit

Global speciality retailer American Eagle Outfitters (AEO) has withdrawn its financial guidance for fiscal year 2025 (FY25), citing prevailing macroeconomic uncertainties and the need for management to reassess future strategies in light of recent first-quarter (Q1) outcomes. The company’s preliminary financial data for the first quarter indicates an anticipated revenue of around $1.1bn, marking a decrease of approximately 5% when compared to the same period in the previous year.

1 day ago | finance.yahoo.com | Jangoulun Singsit

The coalition, established in 2019, consolidates the efforts of over 700 prominent entities, including brands, retailers, manufacturers, service providers, and various critical stakeholders to promote circularity within the apparel and footwear sectors. This collaborative platform engages in technical discussions regarding upcoming regulations and mobilises its extensive network to forge cohesive stances.

1 day ago | finance.yahoo.com | Jangoulun Singsit

Under Armour's downturn in FY25 was observed across all regions, with the company's North American revenues falling by 11%. The international segment also experienced a decrease, with revenues contracting by 6% to reach $2.1bn. Revenues generated from owned and operated stores saw a 2% dip, while e-commerce revenues plummeted by 23%, attributed to deliberate reductions in promotional activities.

1 day ago | just-style.com | Jangoulun Singsit

The no-cost workshops conducted within Primark stores are designed to impart basic repair and upcycling skills such as hem mending and the addition of buttons or pockets, and they are open to individuals at all skill levels. The initiative is a component of Primark Cares, the brand’s overarching sustainability programme aimed at fostering more eco-conscious fashion choices while ensuring affordability and widespread availability.