Fashion
Lululemon shares tumble on weak US demand and tariff pressure

By
Reuters
Published
September 5, 2025
Shares of Lululemon Athletica fell more than 17% in premarket trading on Friday after the athleticwear maker lowered its annual profit and sales forecasts, citing weak US demand and increased tariff costs.
The company reduced its annual profit outlook for the second consecutive quarter on Thursday, as it contends with shrinking market share, rising competition, a volatile economic environment, and tariffs that are impacting discretionary consumer spending.
Lululemon’s shares have declined more than 40% this year. Weekly product launches have had little effect on reviving sales as American shoppers approach the holiday season cautiously.
“We have let our product life cycles run too long within many of our core categories,” CEO Calvin McDonald said during a post-earnings call on Thursday.
Comparable sales for the Americas segment—its largest—declined by 1%, while international sales grew by 15%.
“The US drives the earnings and the US is fading fast here,” Jefferies analyst Randal Konik said in a note.
“Rising competition won’t stop either, which means Lululemon’s earnings per share are permanently impaired,” Konik added.
The company now expects annual profit per share between €12.77 and €12.97, down from its previous guidance of €14.58 to €14.78.
Lululemon estimates a €240 million impact on its 2025 gross profit due to increased tariffs and the removal of the de minimis exemption.
The yogawear maker, which relies heavily on sourcing and manufacturing in Vietnam and mainland China, remains vulnerable to the tariffs introduced under former President Donald Trump’s trade policies.
Lululemon’s forward price-to-earnings ratio—a common stock valuation metric—currently stands at 13.82, significantly lower than Nike’s 39.21, according to data from LSEG.
© Thomson Reuters 2025 All rights reserved.
Fashion
Beaverbrooks margins rise but revenue falls

Published
September 5, 2025
UK jeweller Beaverbrooks has filed its accounts for the year to 1 March and they show a revenue decline, although it was partly accounted for by the previous year including 53 weeks rather than 52 for the latest period. It also said the gross margin increased but it swung to a loss.
Turnover at the family-owned firm dropped to £217.3 million from £228.65 million, and gross profit dipped to £24.69 million from £25.74 million. The gross profit margin was 11.36%, up from 11.26%.
The company said operating profit before discretionary payments was £6.9 million, down from £11 million. Those discretionary payments included performance-related remuneration and contributions to charity with operating profit after them down to £1 million from £1.59 million.
Profit before tax was £0.34 million, down from £1 million and with the impact of tax on that figure, the net loss for the period was £0.79 million, after the company had been marginally profitable the year before.
The firm said its directors were satisfied with its performance in a period during which its customers, colleagues and suppliers were all “significantly impacted” by the rising cost of living in the UK and the effect of geopolitical uncertainty on costs in the supply chain.
Beaverbrooks continued strategic marketing and investment in its stores during the period, including the opening of its third Loupe boutique in Preston.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
August continued the positive discretionary retail sales story, fashion led the way says BDO

Published
September 5, 2025
On Friday, the UK’s official statistics body released figures for July total retail sales. But on the same day, the latest High Street Sales Tracker from accountancy and business advisory firm BDO gave us some more up to date clues with its August discretionary retail sales report.
And what did it say? Total like-for-like discretionary retail sales (in-store and online combined) grew by 3.9% last month. That was above inflation for the very first time this year, indicating that volumes have also increased. And high street stores alone recorded strong sales growth of 5.2%. That was the highest growth on the high street since August 2023.
The discretionary categories BDO tracks include fashion, homewares and lifestyle, and their 3.9% jump compared strongly to the 0.7% dip this time last year.
Total like-for-like retail sales in fashion led the way and grew by 4.4%, with in-store sales growing in the fashion sector by 5.8%.
As well as physical stores doing well this time, online retail continued the strong performance it has recorded throughout this year, with sales increasing by 6.6% compared to the same month last year.
Sophie Michael, head of retail and wholesale at BDO, said: “Retailers have been under huge pressure this year, particularly on the high street, so these results will make very welcome reading for the sector. Given the disappointing performance of bricks-and-mortar stores this year, the strong growth of in-store sales during August is a very encouraging sign for retailers as we head into the crucial pre-Christmas trading period. However, it is likely that some of this growth was driven by heavy discounting and promotions, as retailers focused on clearing their stock ahead of the autumn season.”
She added that while the approach may well have boosted sales in the short term, it inevitably impacts profits “and will certainly not be sustainable when we hit the ‘Golden Quarter’ in the run-up to Christmas. With retailers’ cost bases higher than ever, thanks in part to changes to National Insurance contributions, maintaining margins is vital”.
Michael thinks that for many retailers, continuing discounting to drive revenue “simply won’t be an option. The good weather for much of August undoubtedly helped get more shoppers out onto the high street. However, as we get into autumn and the weather worsens, retailers may struggle to attract the same level of footfall”.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
1,300 exhibitors gather in Paris for Texworld Apparel Sourcing

Texworld Apparel Sourcing Paris returns for its 57th edition at the Paris–Le Bourget Exhibition Centre from 15 to 17 September 2025, offering for the first time a perfect balance between textile manufacturers (Texworld) and clothing manufacturers (Apparel Sourcing).
Texworld Apparel Sourcing Paris returns for its 57th edition from September 15–17, 2025 at Paris–Le Bourget with 1,300 exhibitors from 35+ countries, offering Europe’s largest textile and apparel sourcing platform.
Highlights include Avantex’s sustainable innovations, national pavilions, Initiatives zone, trend forums, Bio Fashion Innovation Day, and guided Econogy Tour.
With nearly 1,300 exhibitors from over 35 countries, the Parisian trade shows will present an unmissable sourcing offer, the largest and most diverse in Europe.
For three days, buyers will be able to discover the offerings of the leading marketplace in Europe for textiles and clothing. This diverse and competitive selection of top-tier products focuses on the segments that constitute the core of finished garment consumption and on which brands are currently concentrating their efforts. The Avantex sector, dedicated to innovative solutions for more efficient and sustainable fashion, is expanding and asserting its position with a growing number of B2B services at the cutting edge of technological innovation and eco-responsibility to effectively address the main challenges facing fashion companies and brands.
Innovation and diversity
This autumn edition opens with a unique selection of manufacturers and clothing producers: Texworld Paris and Apparel Sourcing Paris will offer a comprehensive overview of the major textile sourcing areas. The key players — China, Turkey, India, Korea, Taiwan, Bangladesh and Pakistan — will be grouped together under the banner of their national pavilions, such as Turkish manufacturers, supported by the Istanbul Chamber of Commerce (ITO), and Korean manufacturers led by KOFOTI, the National Federation of Textile Industries. These Texworld regulars will be joined by suppliers from alternative sourcing areas such as Cambodia, Myanmar, Rwanda, Vietnam and Egypt.
Apparel Sourcing, which will welcome 683 exhibitors, is achieving its best results this year, on a par with Texworld. This unique gathering – With 1,300 exhibitors, Texworld Apparel Sourcing Paris is now the leading European trade fair in the sector – offering a response to the challenges faced by buyers. The prospects for near sourcing are confirmed, with the notable presence of manufacturers from Central and Eastern European countries such as Armenia and Kyrgyzstan, whose pavilions will be located at the entrance to Hall 3. The Near Sourcing Hub, established by the B2B digital platform Foursource, a partner of Messe Frankfurt France, will be located in the same area. Following the success of their previous digital participation, more than 10 European companies will be physically present for the first time.
Initiatives: a space dedicated to expertise
The Initiatives zone will be one of the highlights of this edition: located at the entrance of Hall 4, it will emphasize the expertise of particularly sharp players. The Indian company Pasari Textiles will take this opportunity to reveal the manufacturing techniques of its artisanal embroideries, while the Istanbul Chamber of Commerce will emphasize the expertise of the Turkish textile industry through contemporary creations playing with patterns and dyeing. LISAA Mode students will create live pieces in knit and crochet, illustrating the quality of both design and execution. Finally, the China Textile Innovation Center (CTIC) will offer a space dedicated to design and products from a carefully selected group of Chinese players.
Avantex Paris: focus on sustainable fashion
Laboratory of innovations around sustainable fashion, Avantex Paris will bring together about thirty participants in the passage connecting Hall 2 (trends forum, services, Agora) to Hall 3. This unique offering will shine some light on emerging technologies, solutions, or materials available to address key fashion challenges: circularity, transparency, traceability, sustainability, optimization, scalability, interactivity, and immersion in virtual universes.
It will be organised at the show around three complementary universes: the HUB, an open zone presenting innovative solutions and services for the fashion industries; the Designer HUB, dedicated to textile studios, agencies, and independent designers in direct contact with brands and manufacturers; the ReSources space, which this year will bring together four companies selected by the TCBL (Textile & Clothing Business Labs) association, a partner of Avantex for 3 editions. The choice of Phygital retained for this podium will allow visitors to access, via a QR Code linked to the Foursource platform, all the useful information about these companies and their offerings.
A traditional landmark of the fair, the 8th edition of the Avantex Fashion Pitch will reward the most innovative startups in sustainable development applied to fashion. The partners of this event are the IFA Paris fashion school and its Foundry incubator, the virtual world creation platform for fashion and luxury VLGE, Luxiders Magazine dedicated to eco-responsible fashion and design, the Circular Textile Days trade show, and Texpertise Network, the global network of textile trade shows by Messe Frankfurt. The projects will be presented to the public on Monday, September 15, starting at 3:30 PM.
Conference, debates: flagship events and highlights
True to its mission as a trailblazer, Texworld Apparel Sourcing Paris is committed to providing visitors with a clear vision of market developments. The conferences, round tables, and animations offered during these 3 days with inspiring international leaders from the fashion and textile industry at the Agora in Hall 2 will fulfilll this mission and will be punctuated by several highlights. On the fashion trends side, Louis Gérin, one of the two art directors of the shows, will comment on Nova Fabula, the trend book that will inspire the Autumn-Winter 2026-2027 collections (Monday, September 15 at 12:15 PM).
On the innovation and prospective side, numerous conferences and round tables proposed on the Avantex agenda will fuel reflection on the key themes of the moment. Another feature of this edition, on Wednesday, September 17, the Agora will host the Bio Fashion Innovation Day, the European event proposed by TCBL around projects and experiences related to local production, bio-sourced materials, and eco-design solutions: keynotes, round tables, workshops, and networking sessions will punctuate the day.
Econogy Tour: guided tour dedicated to sustainable economics
As part of its Texpertise Econogy initiative, which combines the concepts of ecology and economic development, Messe Frankfurt France is structuring its promotion of sustainable sourcing within the Texpertise Network along different lines. Firstly, the Econogy Finder allows visitors to identify, via an online directory accessible from the Texworld Apparel Sourcing Paris app or website, more than a hundred manufacturers whose CSR commitments have been verified by a third party. These companies can also be identified in the alleys thanks to the Econogy Finder symbols.
In September, an Econogy Tour will give visitors the opportunity to meet a selection of certified companies and discover what they have to offer. This unique guided tour, led by Noa Ben Moshe, will take visitors on a tour of some of the most sustainable exhibitors at Texworld and Apparel Sourcing. The meeting point is at the Econogy Hub in the Avantex area on Monday 15 September at 12.30 pm. The final part of the concept, Econogy Talks, identifies and highlights events dealing with topics related to the sustainable economy to help visitors manage their schedules.
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 (HU)
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