Tag: retail trends

The Debrief | Is Forever 21 Shein’s Biggest Victim Yet?

The Debrief | Is Forever 21 Shein’s Biggest Victim Yet? In the fast-paced world of fashion retail, few names have been as ubiquitous as Forever 21. For years, the brand was synonymous with affordable, trendy clothing that appealed to a wide range of consumers. However, as the retail landscape continues to shift and evolve, Forever […]

US Retail Sales Broadly Advance, Capping a Solid Holiday Season

US Retail Sales Rise 0.4 Percent in December, Reflecting Strong Consumer Demand The latest data on US retail sales has painted a positive picture for the economy as sales saw a 0.4 percent increase in December. This uptick not only indicates robust consumer demand but also serves as a testament to the ongoing economic strength […]

This Week: On Black Friday, It’s Shein and Temu Versus the World

As the holiday shopping season heats up, recent data reveals a tough environment for many retailers. Credit card transactions analyzed by Earnest indicate a decline in consumer spending at major U.S. retailers. In the first half of November, spending was down 1.4% compared to the previous year, marking the first downturn recorded since 2017. This […]

JD’s Results Fail to Impress as Chinese Economic Fears Persist

JD.com Inc. has reported a revenue growth of 5.1% for the third quarter, reflecting a cautious shift in consumer spending amid efforts by the Chinese government to reinvigorate the economy. This modest increase signals a complex landscape for the retail and e-commerce giant as China emerges from stringent COVID-19 restrictions. In financial terms, JD’s sales […]

What the Fed’s Big Rate Cut Means for Fashion

In a significant policy shift, the U.S. Federal Reserve has reduced interest rates for the first time since the pandemic, a decision resonating throughout various sectors, including fashion. The reduction of rates, by half a percentage point to a range of 4.75% to 5%, aims to stimulate economic activity by making borrowing cheaper for consumers […]

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