Coronavirus
Adidas Slashes Income Forecast Nearly 30%
The company's new guidance citing China's Covid restrictions and potential consumer spending slowdown comes…
New Equipment, Tech Upgrades Help Sunbrella Fabric Maker Get 70% Back in Stock
More than 70 percent of Sunbrella stock fabrics are available to ship now, with remaining styles shipping…
Fast Retailing Sees China Sales Recover After Closed Stores Reopen
The Uniqlo owner reported a 10.3 percent increase in quarterly revenue.
WWD Recommends
May Air Cargo Buoyed by Easing of Covid Restrictions in China
Global air cargo demand was 8.3 percent below May 2021 levels, but was an improvement on the year-on-year…
Brands Are (Finally) Getting Behind the Digital Supply Chain Evolution
Spurred on by the need for visibility amid the pandemic and consumer's calls for ethically manufactured…
Prada Hosts Physical Event Post-Shanghai Lockdown, a First Among Peers
The brand hosted a discreet screening event at Prada Rong Zhai in downtown Shanghai for its spring 2023…
What 618 Festival Says About the State of the Chinese Consumer
The 618 Festival is set to wrap up Saturday, and could offer clues on China's consumer and economy after…
China’s Retail Sales Contract, but Demand for Luxury Is Back
Bernstein expects luxury demand to go back to an even keel and growth trajectory in China.
Ukraine War, China Lockdowns Deflated Air Cargo in April
Global air cargo demand fell 11.2 percent compared to April 2021 and capacity was 2 percent below a year…
RH CEO: ‘Retail Mall Is Like a Graveyard for Short-Lived Ideas’
RH is not on a "year-to-year or quarter-to-quarter journey," CEO Gary Friedman told investors Thursday in a…
S&P Inflation Data Spells Out When We Can Expect Relief
"Unwinding the cost pressures that have built up over the past two years will take some time," S&P Global…
China’s Zero-Covid Policy Triggers Raw-Material Scramble in Vietnam
Logistical bottlenecks that are tying up much-needed raw materials from China, Vietnam's garment…
68% of Consumers Say Covid Encouraged Them to Support Small Businesses
Small business growth is on the rise, according to recent data.
Covid, Inflation Could Have Long-Term Impacts on Sourcing Strategy
Logistics hurdles and economic pressures will continue to impact sourcing strategies and timelines this year…
April’s Ocean Freight Fees Fell 7% But Pressure on Spot Rates Is Coming
Shanghai's reopening could result in a flood of cargo hitting the container market right as battle-tested…