News in Numbers
Q3
US sports brand Nike saw total company sales fall 9% during the third quarter (Q3) for fiscal year 2025 (FY25) with revenues at $11.26bn, versus $12.42bn a year earlier.
8/10
A new study suggests more than 8/10 (86%) of British retail brands see social commerce as a way for mid-sized companies to compete with larger ones for market share.
2024
Ultra-fast fashion brand Shein had the largest slice of the apparel market in 2024 due to its low-price points and speedy response to new fashion trends.
0.2%
US retail sales data showed a modest 0.2% month-over-month increase in February 2025 signaling a cautious consumer sentiment due to inflation and US policy concerns.
31.5m
A new CottonConnect report highlights that women represent up to 46% of the 31.5m global cotton farming workforce and need support to boost the climate transition.