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News
EXEC: Misto Expands Fila’s Malaysia Retail Presence with New Premium Stores
1+ hour, 39+ min ago (103+ words) Misto Holdings, aka Fila Holdings, is said to be strengthening its retail presence in Malaysia as part of a broader strategy to reinforce the country’s role as a strategic hub for Southeast Asia. The company said these latest openings represent…...
EXEC: Tinuiti Survey Finds GLP-1 Driving Apparel Purchases
23+ hour, 58+ min ago (495+ words) A new survey from Tinuiti, a digital-marketing agency, finds that of respondents who have taken GLP-1 medications like Ozempic and Wegovy, approximately 40 percent plan to spend more on apparel over the next year. The study is the latest to show…...
EXEC: Descente Scores Record Fiscal Q1 Profits on China Gains
2+ day, 2+ hour ago (341+ words) Descente, owned by Japanese trading house Itochu Corp, reported record profits in the fiscal first quarter ended June 30, mainly due to an increase in equity earnings through its Anta-led Chinese joint venture. The Japanese-based sporting goods company owns Descente and…...
Univ of Michigan Consumer Sentiment Index Improves for Second Straigth Month
5+ day, 17+ hour ago (230+ words) The University of Michigan’s Consumer Sentiment Index rose to 55.2 in July, up from 49.5 in June and improving for the second straight month. However, the index remained well below last July's 61.7 due to concerns over the economy and inflation. The University…...
Deloitte: Back-To-School Spending Seen Declining Amid Economic Anxieties
4+ week, 2+ hour ago (307+ words) Back-to-school spending, adjusted for inflation, is expected to decline 6 percent year-over-year as consumers’ concern about the economy heightens, according to Deloitte’s annual Back-to-School Survey. Families are expected to prioritize necessities such as clothing while cutting back on technology purchases. Based…...
EXEC: Honma Golf Limited Sees Surge in Korea and Solid North America Growth in FY 2026
1+ mon, 5+ day ago (1124+ words) Honma Golf Limited (Group) reported in its annual report for the 2026 fiscal year ended March 31, 2026, that the world’s golf industry has been facing continued and increased competition resulting from weakening consumer confidence over the last few years, while the global…...
Consumer Sentiment Rebounds Slightly In June as Gas Prices Moderate
1+ mon, 1+ week ago (283+ words) Consumer sentiment ticked up in June, according to a long-running survey conducted by the University of Michigan, reversing a slide that began after the United States and Israel launched strikes against Iran in February. Consumer Sentiment Rebounds Slightly In June…...
Circana: U.S. Retail Sales Rise 1.3 Percent in May, Footwear And Apparel Pressured
1+ mon, 3+ week ago (365+ words) Overall U.S. retail spending rose 1.3 percent in May year-over-year, while unit demand declined 1.5 percent, according to Circana. Circana found footwear and apparel categories to be "under the greatest pressure, with declining volumes and pricing compression." retail spending rose 1.3 percent in May…...
Imports Expected to Climb in June Ahead of Higher Tariffs and Fuel Prices
1+ mon, 3+ week ago (215+ words) Import volumes at major U.S. container ports are expected to see a skewed year-over-year bump again this month in anticipation of more tariffs and rising fuel prices but then remain below last year’s levels into the fall, according to the Global…...
CNBC/NRF Report Shows Sales Grew Again in May
1+ mon, 3+ week ago (239+ words) Retail sales rose for the eighth consecutive month in May despite high gas prices and ongoing inflation, according to the CNBC/NRF Retail Monitor report released by the National Retail Federation (NRF). According to the CNBC/NRF Retail Monitor, powered…...