China


No “Teen Slump” at Gap Inc., Profits Rise 25%

Old Navy

San Francisco—Bucking the “teen slump” that plagued many of its competitors last quarter, Gap Inc. reported Thursday that its … [Read more...]

Study: TPP Would Not Harm U.S. Footwear Companies

TPP Talks

Washington—Member countries of the Trans-Pacific Partnership (TPP) would gain market share at the expense of footwear suppliers in … [Read more...]

Li & Fung First Half Profit Falls 70% with “Sluggish” U.S. Market

Li & Fung

Hong Kong—Li & Fung Ltd., which is billed as the largest supplier of clothes and toys to retailers, reported Monday that its … [Read more...]

Asia to Account for More Than 50% of Luxury Market in 10 Years

Luxury Logos

London—Although some earnings reports from major luxury conglomerates have indicated a slowing in sales of luxurygoods, Asian … [Read more...]

Swatch Group Half Year Profit Up; Optimistic for 2nd Half

Sistem51

Zurich—Swatch Group, the world’s largest watch manufacturer, today reported that its first half profit increased more than 6% to … [Read more...]

By 2025, India, China Apparel Markets to Exceed U.S., Europe

india-china

Haryana, India—For decades the United States and Europe have dominated the consumer fashion scene with their powerhouse economies. … [Read more...]

Nike Q4 Surprises with Profit Up 22% on Strong Sales

nike

Beaverton, OR—Nike reported Thursday a better-than-expected fourth quarter earnings thanks to strong sales in North America and … [Read more...]

Week in Review: Must Reads from the Web

H&M

New York—Legal issues have their ups and downs—no where was that fact highlighted more than in the past week. For fashion brands … [Read more...]

HUE Plans Retail Partnership in China

HUE

New York—HUE, the fashion legwear brand, announced it will expand its global footprint to into China, the world’s second largest … [Read more...]

Chinese Invent “Anti-Pervert” Hairy Stockings?

Image from Sina Weibo supposedly showing "anti-pervert hairy stockings"

Shanghai—Here’s the latest in hosiery that seems better suited to “Ripley’s Believe It or Not” than most retail … [Read more...]

Survey: China, U.A.E. and Chile Top Emerging Markets for Fashion

H&M opens in Kunming Golden Eagle Shopping Plaza, China

Chicago—In the search for more markets to sell, China remains the biggest opportunity to sell apparel and accessories, though some … [Read more...]

Gap Inc. Boasts 43% Jump in Q1 Profit on Strong Sales

White essentials and accessories at Gap this summer

San Francisco—Gap Inc.’s turnaround plans seem to be right on schedule. The specialty retailer reported Thursday afternoon that … [Read more...]

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