The News In Brief
Anta Sports Purchases Jack Wolfskin for $290 Million
China’s largest sportswear company bought the German outerwear, footwear and equipment brand from Topgolf Callaway Brands.
Mytheresa Secures Regulatory Approval to Acquire YNAP
The German luxury e-tailer also announced a series of leadership changes set to take place at both companies after the deal closes on April 23.
Ambush Founders Reacquire Brand From New Guards Group
The Tokyo-based label’s return to independence follows New Guards Group’s sale of Palm Angels.
Report: Shein Gains UK Approval for London IPO, Awaits China Nod
The FCA’s approval marks a significant step forward in the China-founded company’s pursuit of a London listing after it confidentially filed papers with the British regulator last June.
Uniqlo Owner Raises Profit Forecast Amid Expansion Abroad
Fast Retailing Co. raised its full-year forecast after reporting better-than-expected fiscal first-half profit.
WeightWatchers Prepares For Bankruptcy
The Wall Street Journal reported that the US-based company will file in the coming months, citing lagging relevance amid the rise of weight-loss drugs like Wegovy.
Chinese Sellers on Amazon to Hike Prices or Exit US as Tariffs Soar
China houses around half of Amazon's sellers, generating annual revenues of $35.3 billion.
Prada Nears Approval of Versace Deal Despite Tariffs
Prada SpA is nearing final approval to acquire Versace from Capri Holdings Ltd. for €1.25 billion ($1.4 billion), Bloomberg reported.
US Imports Set to Fall 20% in Second Half of 2025 on Trump Tariffs, NRF Forecast Shows
Imports are expected to drop dramatically beginning next month.
Retail Pioneer Darshan Mehta Has Died
The Reliance Brands veteran and former Arvind Brands executive was instrumental in shaping India’s luxury fashion market over two decades.
Kwame Adusei and Diotima’s Rachel Scott Among Fashion Trust US 2025 Winners
The young grant programme brought together global fashion industry leaders and celebrities in Los Angeles to award emerging designers.
US Raises Charges on Small Parcels, Targeting Chinese Retailers
President Trump has raised tariffs on small parcels that were until now exempt from taxes to 90 percent.