Business

Deckers Brands surpasses 1 billion dollars in Q1 sales as Hoka and Ugg drive growth

US-based footwear conglomerate Deckers Outdoor Corporation (Deckers Brands) has announced its financial results for the first fiscal quarter ended June 30, 2026, delivering record quarterly net sales above 1 billion dollars for the first time in corporate history. Net sales for the first quarter increased 5.7 percent to 1.02 billion dollars...

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John Tighe: leading Men's Wearhouse's parent from bankruptcy to IPO

In August 2020, Tailored Brands filed for Chapter 11 bankruptcy protection as pandemic lockdowns emptied offices and gutted demand for suits. The company announced plans to shut down up to 500 stores at the time. In July 2026, the same company — parent of Men's Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore — publicly filed a...

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How Trump's Brazil tariffs risk reversing the great China exit

A new 25 percent US tariff took effect on Wednesday, impacting a range of Brazilian goods and directly affecting the American apparel and footwear industry. Announced by President Donald Trump on July 15, the tariff has drawn criticism from industry leaders, warning the levy will raise costs for US companies. "The Administration's tariff...

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Suppliers for global fashion brands silencing garment works

A new report by non-profit UK labour rights organisation, Labour Behind the Label, reveals that global fashion groups and brands, including Levi’s, Next, H&M, Gap, Inditex, Carrefour and Primark, are using a broken billion-dollar audit system that is “systematically silencing garment workers in Pakistan” despite widespread evidence of labour...

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