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UK retail sales volumes up estimated 1.2% MoM, 5% YoY in Apr 2025: ONS

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UK retail sales volumes are estimated to have risen by 1.2 per cent month on month (MoM) and 5 per cent YoY in April 2025. Such volumes rose by 1.8 per cent quarter on quarter and 2.6 per cent rise YoY in the three months to April 2025. The amount spent online fell by 0.3 per cent MoM in April. Total spend (the sum of in-store and online sales) rose by 0.7 per cent MoM in the month.

193. Lenzing appoints Georg Kasperkovitz as chief operations officer

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Georg Kasperkovitz to become new COO at Lenzing Bild: Lenzing AG Austrian fibre manufacturer Lenzing AG will once again have a four-member executive board. On Monday, the group announced the appointm

194. Swiss start-up Finally. breaks down taboos surrounding fashion for people in fragile times

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Interview ‘Bin fragil’ - Statement Wear from Finally. Image: Mina Monsef for Finally. Swiss start-up Finally. covers fashion and sustainable products for a period we don't like to think about: hos

195. Adidas faces consumer data breach

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Adidas Downtown LA store. Credits: Adidas Adidas has warned consumers of a potential breach of data. The sportswear giant told Reuters that an “unauthorised external party” had garnered certain c

196. Supplier Soho Apparel Group announces ‘aggressive’ US manufacturing expansion

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USA Credits: Pexels Soho Apparel Group, the supplier to US retailers like Nordstrom, Burlington and TJ Maxx, has said it is planning an “aggressive” US manufacturing expansion in “alignment wit

197. Misinformation casts shadow on US-China trade truce

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Chinese and USA flags, image for illustration. Credits: Image generated with AI DALL-E3 image generator. From false claims of Americans panic-buying Chinese goods to bot-driven attacks on US brands,

198. LynnSophie®: Intelligent fashion for busy career moms’ lives

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Credits: LynnSophie® For career-driven mothers, time is currency, and clothing that complicates the day simply doesn’t make the cut. The modern wardrobe must do more than just dress a woman; it ha

199. Business Fashion Academy (BFA) Appoints Top Advisors in Preparation for International Growth

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Credits: BFA The Business Fashion Academy (BFA) appointed four leading professionals as members of its new advisory board, effective June 1, 2025. With this strategic move, BFA underscores its growin

200. Global economy expected to see slowdown: CaixaBank

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Though there are no clear signs of a slowdown in trade flows now, with uncertainty at peak levels, the global economy is expected to see a slowdown, with more risks to the downside and more questions than answers, CaixaBank said. Although a material reduction in the flows of goods is likely over the coming months, particularly between the US and China, the impact so far is still limited, it noted.

201. G7 to monitor non-market policies, practices, counter trade imbalances

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G7 members would continue to monitor ‘non-market policies and practices’ that contribute to imbalances in global trade, a statement by the grouping said after a meeting of its top finance officials concluded in Canada recently. The statement did not mention the US reciprocal tariffs, but Canadian finance minister Francois-Philippe Champagne said participants did discuss the effects of the tariffs.

202. UK retail sales volumes up estimated 1.2% MoM, 5% YoY in Apr 2025: ONS

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UK retail sales volumes are estimated to have risen by 1.2 per cent month on month (MoM) and 5 per cent YoY in April 2025. Such volumes rose by 1.8 per cent quarter on quarter and 2.6 per cent rise YoY in the three months to April 2025. The amount spent online fell by 0.3 per cent MoM in April. Total spend (the sum of in-store and online sales) rose by 0.7 per cent MoM in the month.

203. Israels’ Delta Galil delivers 5th straight quarter growth in Q1 FY25

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Delta Galil reported record Q1 FY25 results with sales up 11 per cent to $498.7 million, marking its fifth consecutive quarter of growth. Net income rose 46 per cent to $17.6 million, while online brand sales grew 21 per cent. Despite margin pressure, EBIT climbed 26 per cent. The company withdrew prior guidance due to new US tariffs but expects limited impact and is implementing cost-saving measures.

204. President Trump recommends ‘straight 50%’ tariff on imports from EU

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President Donald Trump today recommended a 50-per cent tariff on goods from the EU, citing a lack of progress in talks. The EU’s ‘trade barriers, value-added tax, ridiculous corporate penalties, non-monetary trade barriers, monetary manipulations, unfair and unjustified lawsuits’ against US firms have led to a trade deficit of over $250,000,000 a year, and that’s ‘totally unacceptable’, he posted.

205. India’s Gokaldas Exports hits record $458.77 mn revenue in FY25

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Gokaldas Exports has reported its highest-ever income of ₹3,917 crore (~$458.77 million) in FY25, up 63 per cent YoY, with strong growth in PBT, PAT, and EBITDA. Q4 FY25 income rose 27 per cent YoY to ₹1,035 crore. Margin improvements were driven by productivity and cost efficiency. The company sees FY26 as challenging due to US tariffs but is optimistic about opportunities from the India-UK FTA.

206. Is head of communications Tanja Ruhnke already leaving Valentino again?

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Tanja Ruhnke Credits: Richard Burbridge / Valentino Tanja Ruhnke and Italian fashion house Valentino are reportedly parting ways after only a short time. WWD reported, citing sources, that Ruhnke had

207. Revolve Group reportedly acquires IP of Dion Lee

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Dion Lee AW23. Credits: ©Launchmetrics/spotlight US e-commerce retailer Revolve Group is believed to have snapped up the intellectual property (IP) assets of Australian fashion brand Dion Lee. This

208. Highsnobiety appoints head for France and UK

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Luke Robins Credits: Highsnobiety Berlin-based streetwear pioneer Highsnobiety has appointed Luke Robins as general manager for the UK and France. Highsnobiety announced on Wednesday that, in this po

209. Trump wants 50 percent tariffs on EU goods from June

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Donald Trump Credits: Jim Watson / AFP In a trade dispute with the European Union, US president Donald Trump advocated for punitive tariffs of 50 percent. He wrote on his online platform, Truth Socia

210. How ANDAM winner Losanje makes textile upcycling a profitable business model

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Losanje for Paris Basketball. Image: Losanje Interview French start-up Losanje, founded by Simon Peyronnaud and Mathieu Khouri, winner of the ANDAM 2025 Fashion Innovation Award, established itself a

211. Delta Galil reports record sales and profit increase in first quarter 2025

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The Schiesser store in Abu Dhabi Credits: Schiesser GmbH, Fotograf: Jashanmal National Company LLC Israeli textile group Delta Galil Industries Ltd had a successful start to the 2025 financial year.

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