Next Plc said first quarter sales were solid as easing price pressures boost shoppers’ desire to buy clothes and shoes. The British fashion and homewares …
Pressures
The Year Ahead: Mapping the Next Wave of Supply Chain Pressures
Far from resolving in 2024, the fashion industry’s supply-chain volatility of the past few years is set to continue. Upstream apparel suppliers and manufacturers have …
T.J. Maxx Parent Raises Profit View as Cost Pressures Ease
TJX Companies Inc. lifted its annual profit forecast on Wednesday, banking on easing cost pressures to cushion a pullback in consumer spending on discretionary items. …
LVMH Announces Bonus Payment to Help Staff Tackle Inflation Pressures
French fashion giant LVMH announced a bonus payment for staff to help them cope with inflationary pressures, joining a growing list of blue-chip French companies …
JD Sports Cautious on Outlook as Cost Pressures Weigh
Britain’s biggest sportswear retailer JD Sports struck a cautious tone on Thursday amid concerns inflation could push up costs and as strikes at ports add …
Unilever Warns of More Price Hikes as Cost Pressures Build
Unilever raised prices by over 8 percent in the first quarter and warned more hikes were on the way as the maker of Dove soap and Ben & Jerry’s ice …