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By Reuters Published September 16, 2025 President Donald Trump on Tuesday announced an agreement between the U.S. and China to keep TikTok operating in the United States, with three sources familiar with the matter saying the deal was similar to one discussed earlier this year. Tiktok – Reuters The agreement requires TikTok’s American assets to be transferred…

By Bloomberg Published September 17, 2025 Billionaire Amancio Ortega’s investment firm is in contract to buy a luxury retail center in Miami’s Design District. Bloomberg Ortega’s family office, Pontegadea, agreed to buy Miami’s Atlas Plaza for more than $105 million from owners Tricap, RFR Holding and Commerz Real AG, according to people familiar with the…

Published September 17, 2025 After the post-Covid recovery, mergers and acquisitions in the fashion and high-end sectors have slowed over the past two years. Even so, despite the economic climate, the sector continues to attract nine out of ten investors in 2025, although most are concerned about customs duties. These are the findings of Deloitte‘s…

Published September 17, 2025 A rare group photo. Some twenty* representatives of Europe’s textile and clothing sectors met in Paris on September 16 to sign a declaration committing their various bodies to a joint fight against ultra-fast fashion, and calling on national and European authorities to take action in the face of competition from Shein…

By Reuters Published September 16, 2025 ​U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to continued strength in spending. Reuters The third straight month of solid gains in sales…

By Reuters Published September 16, 2025 ​The Japanese founder of fashion brand Uniqlo said on Monday the U.S. may bear the highest price from the impact of tariffs on global trade. Uniqlo Tadashi Yanai, Japan’s richest man and the chief executive of Uniqlo operator Fast Retailing has been outspoken on the potential economic damage from wide-ranging tariffs…

Translated by Nicola Mira Published September 16, 2025 In spring, when Shein’s French subsidiary announced it was setting up a programme to support French designers and brands, by putting at their disposal some of the Singapore-based Chinese fast-fashion giant’s assets, many wondered which type of player would be willing to join forces with a highly…