HONG KONG — Hong Kong retail sales lost steam in June after a modest rebound in May, the latest data shows, indicating that the market is still struggling with a combination of weak domestic consumer sentiment, outbound travel and lukewarm tourist spending. Sales totaled 30.1 billion Hong Kong dollars ($3.86 billion) for the month, up…
Meme stocks. They’re back! This time around it’s GoPro, Beyond Meat, Kohl, Krispy Kreme and Opendoor Tech. Think short squeezes, sudden price moves (Opendoor up 300% in a few months and down 50% in a week), lots of Reddit chat and much money made and lost. It’s all a lot of fun (bar the losing…
Elon Musk’s brain implant company Neuralink Corp. is collaborating with researchers in California and Spain on a clinical trial to study visual prosthetics. Neuralink’s participation in the trial was disclosed in late July on ClinicalTrials.gov, a government website listing medical studies. The study is sponsored by the University of California at Santa Barbara. Source link
23 It’s almost time for Atlanta Apparel‘s latest market! From August 5 to 8, the annual wholesale market will spotlight new collections from brands across women’s, men’s, and children’s categories for an exclusive array of retailers at AmericasMart. Apparel labels are a core component of the market, with many holding longstanding relationships with Atlanta Apparel…
The meme-stock revival looks like it might stretch into another day with GoPro Inc., Krispy Kreme Inc. and Beyond Meat Inc. all surging in early trading before paring some of those gains. Wearable camera maker GoPro soared as much as 73%, before paring gains to 22%, doughnut maker Krispy Kreme was up 5.9% and Beyond…
Annual price growth of fashion items is higher in the European market than in the US. Credit: aslysun/Shutterstock.com. The data from the Retviews study by Lectra suggests growth in the fashion sector will be driven by volume rather than value, signaling a potential shift in brand strategies. Global uncertainty is permeating the fashion industry, with…
Northern Vietnam is bracing for Tropical Cyclone Wipha, which may intensify to typhoon-strength before making landfall on Tuesday after tracking over the nation’s iconic Ha Long Bay. Wipha is currently near the port city of Beihai in China’s Guangxi province, and the US Navy’s Joint Typhoon Warning Center forecasts the storm will gradually strengthen as…
Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon. BYD Co.’s monthly sales have stagnated of late and with the summer months being a traditionally slower time for consumer purchases, that trajectory isn’t expected to reverse any time soon. Source link
Generative AI models, like ChatGPT and DALL-E, may help improve fashion design efficiency and reveal emerging and current fashion trends BUSAN, South Korea, July 17, 2025 /PRNewswire/ — Generative artificial intelligence (AI) has the potential to revolutionize fashion design. By recognizing patterns in data and generating new text and images, AI models powered by deep…
While Showing Growth, Circular Fashion Has Yet to Scale CFX top 10 list mostly unchanged for the third year in a row Only two new brands entered the top rank Mid-tier struggled to keep pace and bottom 80 percent of brands stayed constant Only five brands scored above 7.0, fewer than 20 percent exceeded 5.0…