Fashion
China retail sales up 4.3%, industry maintains strong 2025 momentum
China’s retail and industrial indicators for the first 10 months of 2025 signalled steady economic recovery, with consumption and high-tech manufacturing showing notable strength, according to data released by the National Bureau of Statistics (NBS).
China’s economy showed steady recovery in the first 10 months of 2025, with retail sales up 4.3 per cent to $5.82 trillion and online sales rising 9.6 per cent.
October retail grew 2.9 per cent.
Industrial value-added rose 6.1 per cent in Jan–Oct and 4.9 per cent in October.
Profits reached ¥5.37 trillion.
PMI was 49, while expectations stayed upbeat at 52.8.
Retail sales of consumer goods rose 4.3 per cent year on year (YoY) to ¥41.2169 trillion (~$5.82 trillion). Online retail sales reached ¥12,791.6 billion, up 9.6 per cent, with physical goods contributing ¥10,398.4 billion, accounting for 25.2 per cent of total retail sales.
In October alone, retail sales grew 2.9 per cent YoY to ¥4,629.1 billion. Urban retail sales rose 2.7 per cent, while rural consumption expanded 4.1 per cent, the National Bureau of Statistics (NBS) said in a release.
Industrial activity also gained traction. The total value added of industrial enterprises above the designated size increased 4.9 per cent YoY in October and 0.17 per cent month on month (MoM).
For January–October, industrial value added grew 6.1 per cent YoY. Industrial enterprises earned profits of ¥5,373.2 billion in the first nine months, up 3.2 per cent YoY. October’s Manufacturing Purchasing Managers’ Index stood at 49 per cent, while the Production and Operation Expectation Index reached 52.8 per cent, indicating continued optimism among manufacturers despite short-term pressures.
Fibre2Fashion News Desk (HU)
By
Reuters
Published
January 9, 2026
Luxury retailer Saks Global is planning to file for Chapter 11 bankruptcy as soon as Sunday, Bloomberg News reported on Friday, citing people familiar with the matter.
The owner of New York’s century-old Fifth Avenue flagship store is preparing to file for bankruptcy without a restructuring deal in place, though it aims to craft one in the coming weeks, according to the report.
The company is also in advanced discussions on about $1.25 billion debtor-in-possession financing package with creditors, which would allow it to keep its business running during bankruptcy and pay vendor dues, the report added.
Saks Global did not immediately respond to a Reuters request for comment.
© Thomson Reuters 2026 All rights reserved.
Published
January 9, 2026
Pandora expects to deliver 6% organic growth in 2025, the Danish jewellery brand announced on Friday in its preliminary and unaudited results for 2025, falling below previous guidance of 7% to 8%.
“We delivered 6% organic growth in 2025 despite softer than expected Q4 holiday trading, particularly in North America,” said Pandora’s CEO Berta de Pablos-Barbier, the brand announced on its website on January 9. “While the year was marked by macro headwinds, it has also highlighted opportunities to sharpen execution and strengthen brand desirability.”
Pandora is eyeing a full-year operating profit of approximately 7.8 billion Danish crowns ($1.2 billion) along with an EBIT margin of around 24%, in line with its previous guidance. The North American market reported 2% like for like growth in the fourth quarter of 2025 with trading in November and December below expectations due to weakened consumer sentiment causing muted in-store traffic. Although EMEA like for like growth came in at -1% and Italy lagged, Spain, Poland, and Portugal reported strong growth, according to the business.
“As new CEO, my focus will be to navigate the current market environment, reduce our commodity exposure and course-correct in select areas to accelerate profitable growth,” said de Pablos-Barbier. “Pandora continues to pursue significant untapped growth opportunities as a full jewellery brand. Our fundamentals are strong. We are building a bigger Pandora.”
The business will announce its audited full-year 2025 results on February 5. Pandora plans to launch designs in new materials this calendar year, aiming to use high silver prices as fuel for innovation, according to de Pablos-Barbier.
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Over the last five years Flying machine has re-established as a well-accepted brand on the digital channels. The partnership with the Flipkart group helped Flying Machine become one of the top casual wear brand on digital platforms, catering to the fashion-conscious youth of India.
Arvind Fashions Limited will acquire Flipkart Group’s stake in Arvind Youth Brands for ₹135 crore (~$15.02 million), making it a wholly owned subsidiary.
The partnership helped Flying Machine rebuild and grow as a leading youth casualwear brand on digital platforms.
The brand will remain available on Flipkart while expanding its presence across other online channels in India.
Amisha Jain, Managing Director & Chief Executive Officer of Arvind Fashions, said, “We are thankful to the Flipkart Group for their support in building Flying Machine into a brand of choice on digital channels. Our relationship with the Flipkart group will continue ensuring consumers can still shop Flying Machine on its platforms. The brand will also be available to consumers on other digital channels and portals.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
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