US’ Target reaffirms FY25 outlook, names new CEO
American retailer Target Corporation, in its latest financial outlook, is expecting a low single-digit decline in sales for full fiscal...
Fashion
Coty’s turnaround flagging as perfume sales drop set to persist
By Bloomberg Published August 21, 2025 Coty Inc. fell after forecasting steep sales declines will continue as retailers clear out...
China’s fiscal strain grows as spending outpaces revenue growth
Normal 0 false false false EN-IN X-NONE X-NONE China’s fiscal revenue rose to over 13.58 trillion yuan (~$1.9 trillion), up...
US’ Guess? to go private in $1.4 bn deal with Authentic Brands
Normal 0 false false false EN-IN X-NONE X-NONE Guess?, Inc. (NYSE: GES) announced it has signed a definitive agreement for...
China holds loan prime rates steady as borrowing costs ease
China’s one-year loan prime rate (LPR), the key market-driven benchmark for lending, was kept at 3 per cent, unchanged from...
Euro area inflation holds at 2% in July, EU rate rises to 2.4%
The euro area annual inflation rate was 2 per cent in July 2025, stable compared to June. A year earlier,...
India’s express logistics industry to grow to $18-22 bn by FY30: KPMG
With continued policy support and innovation, India’s express logistics industry is well-positioned to become a global leader and is projected...
China and Thailand renew currency swap pact to boost trade, stability
To enhance financial cooperation and trade between the two countries, the People’s Bank of China (PBOC) has renewed a bilateral...
Apparel Export Council of Egypt sets $12-bn export target by 2031
Egypt’s apparel exports in the first half (H1) this year were worth nearly $1.608 billion—up by 25 per cent year...
Japan’s clothing imports slip 4% to $2.13 bn in July 2025
Japan’s clothing imports slipped 4 per cent to $2.13 billion in July 2025, reflecting weak consumer demand and global uncertainty....
