Despite China's sluggish retail sales and store closures by competitors like Zara and H&M, US apparel brand Gap plans to open 50 new stores in mainland China and return to Hong Kong by year-end, driven by a successful 'China-for-China' localization strategy under new operator Baozun.
Los Angeles yoga brand Alo Yoga will launch its first online flagship store on Alibaba's Tmall on Wednesday, preceding physical stores in China and entering the competitive athleisure market.
Fast Retailing, parent of Uniqlo, saw same-store sales rise in May due to enhanced marketing and strong demand for summer products. The company reported significant revenue and profit growth for the nine-month period ending May, with Greater China being its second-largest market.
WIRED highlights Columbia's reliable outdoor gear and offers a guide to current promo codes and deals. Savings include 15% off first orders for Greater Rewards members, student/military discounts, and gift cards.
Adidas offers various discounts, including a 15% promo code for new adiClub members, up to 60% off in clearance sales, and 30% off for students, military, and healthcare workers. Financing options like Klarna and Afterpay are also available.
Erling Haaland scored two late goals to secure Norway's historic 2-1 victory over Brazil in the World Cup knockout stage. Norway advances to the quarter-finals for the first time ever, while Brazil is eliminated.
Rockstar has opened pre-orders for Grand Theft Auto VI, set for a November 19 release on PS5 and Xbox, with standard editions priced at $80/£70/€80. The game will be digital-only at launch, focusing on a single-player experience set in Leonida/Vice City, despite production delays and a unionization lawsuit.
This article traces the parallel growth of China's opening-up policy, symbolized by the Davos Forum, and the Dalian Yangshufang Garment Factory (later Dayang Group). Starting from humble beginnings in 1979, the factory, led by Li Guilian, overcame challenges to secure international orders and establish its own brand, 'Chuangshi'. The story highlights China's integration into the global economy, with Dayang Group becoming a key player and a designated brand for the Summer Davos Forum held in Dalian, showcasing the transformative power of reform and opening-up.
South African indie artist Bongeziwe Mabandla's new album 'Ndingubani' explores heritage, family, and personal struggles with addiction and depression. Recorded partly at home in Paris and South Africa, the album blends traditional isiXhosa music with modern electropop, reflecting his journey of self-discovery and resilience.
Abercrombie & Fitch is expanding its product assortment by adding third-party footwear brands like Puma and Sperry, a strategy inspired by rival Aritzia. This move aims to attract new customers and encourage existing ones to spend more, particularly at its new NYC store.
The LA Fashion District, a major US apparel manufacturing hub, faces declining sales and foot traffic. Business owners hope the 2028 Olympic Games will bring a much-needed economic boost through increased visitors and cultural events.
Drag queen Pattie Gonia (Wyn Wiley) urges Patagonia to drop a trademark lawsuit, alleging it threatens their name, advocacy, and livelihood. Patagonia claims the persona competes with its brand and broke an agreement on usage.
Amorepacific's AESTURA launched new skincare, Snow Peak Apparel introduced cooling shorts, Isabel Marant collaborated with Havaianas on flip-flops, and K2 released cooling apparel with new Max PCM material.
Based Apparel, linked to FBI Director Kash Patel, went offline after being flagged for distributing 'ClickFix' malware that targeted macOS users, potentially stealing session tokens and crypto. This is the second crypto-related issue for Patel.
The Championship's dramatic promotion race reaches its conclusion on Saturday with Ipswich Town, Millwall and Middlesbrough all in contention for the two automatic promotion spots. Ipswich, currently second, need only beat 14th-placed QPR at Portman Road to secure promotion, while Millwall can return to the top flight after 36 years if they beat relegated Oxford and Ipswich slip up. Middlesbrough must win at Wrexham and hope for favourable results elsewhere, requiring a five-goal turnaround in goal difference.
The latest Verge Shopping roundup features deals on Nintendo eShop gift cards, Cozyla Calendar Plus 2 smart calendar, Garmin Varia Vue bike light, and PC components from Woot.
Pakistan's central bank hikes rates to combat inflation from Iran war. Shell agrees $13.6bn ARC Resources buyout, Intel shares hit 26-year high on AI demand, oil exceeds $108/barrel amid stalled US-Iran talks.
Rolling coverage of the latest economic and financial newsShares in athletic apparel and footwear company Adidas have jumped by almost 1.75% in early trading after three of its athletes shone at the London Marathon yesterday.Sabastian Sawe and Yomif Kejelcha both smashed the two-hour barrier in the men’s marathon race, and Tigist Assefa set a women-only world record in the women’s race.“The adidas family is incredibly proud of Sabastian and Tigist’s historic achievements, marking the fastest times humans have ever run in a marathon.This is a testament to the years of hard work and dedication they have made, alongside our innovation team, who have built a supershoe which breaks new ground in the Adizero Adios Pro Evo 3.”The Iran war has triggered one of the largest disruptions to physical oil supply in modern history. While de‑escalation could ease some geopolitical risk premiums, the damage to production, exports and logistics means markets are unlikely to quickly return to pre‑war conditions. Continue reading...
The increasing adoption of GLP-1 weight loss drugs is creating a significant opportunity for the U.S. apparel industry, with analysts predicting a substantial boost in clothing sales and spending as consumers refresh their wardrobes after significant weight loss.
