Fashion
Ralph Lauren outfits US athletes for its 10th Olympic Games
By
Reuters
Published
December 4, 2025
Ralph Lauren will outfit the US Olympic and Paralympic teams for the 10th time at next year’s Winter Games, with the brand’s take on an Italian aesthetic for the Opening Ceremony, part of an overall multi-piece set for the athletes.
“Every time we get the kit, it’s maybe the most exciting part of the Olympic experience, pulling on the Opening Ceremony outfit,” said Evan Bates, a three-time Olympian and defending ice dancing world champion with wife Madison Chock. US athletes will arrive for the Opening Ceremony at San Siro Stadium in Milan dressed in winter-white wool coats with Team USA engraved wooden toggles, an American flag turtleneck sweater and wool trousers.
The brand began a modern partnership with the US team for the 2008 Beijing Games, where they dressed their athletes in their signature preppy look that the US designer said was inspired by the 1920s and ’30s. The debut led to a lucrative bond with the country’s athletes and the brand’s shares surged in the week following the 2016 Rio Opening Ceremony.
“It’s an incredible opportunity. You get to work with the greatest athletes in the world,” said David Lauren, chief branding and innovation officer. “You really have to understand what the spirit and the energy is gonna be around each game. And understanding the athletes, understanding what makes them feel comfortable when they’re walking out on a global stage in front of the entire world.”
The collection hits shelves on December 4, amid a recent surge of popularity for the brand, as it catches on with younger shoppers and celebrities like Taylor Swift, who wore a Ralph Lauren dress for her engagement to NFL tight end Travis Kelce.
“Ralph Lauren just has that classic American style and it just fits with Team USA so nicely,” said Erin Jackson, the 500 metres Olympic speed skating champion at the 2022 Games. Jackson, who competed at the 2018 Olympics as well, estimates that she received “three duffel bags worth of gear” at the Beijing Games.
“It’s like that first little burst of that American pride, that Team USA pride,” said Jackson. “A lot of us joke that the apparel is the best part of being on the team.”
© Thomson Reuters 2025 All rights reserved.
Fashion
Ghana plans 3 new garment factories, to generate 27,000 jobs
She was addressing the second edition of the Kwahu Business Forum in Mpraeso.
Ghana is collaborating with the private sector to set up three new garment units, generating 27,000 direct jobs under the 24 Hour Economy Policy.
The facilities will be located in the Central, Bono East and Eastern regions, with each factory expected to operate 24 hours to maximise productivity.
Each unit can employ 3,000 workers per shift.
Contracts have been secured to ensure demand-driven production.
She termed the decision as part of President John Dramani Mahama’s rapid industrialisation strategy to boost domestic manufacturing and create employment opportunities.
The facilities will be located in the Central, Bono East and Eastern regions, with each factory expected to operate 24 hours to maximise productivity. Each unit can employ 3,000 workers per shift.
Contracts have already been secured to ensure demand-driven production, Ofosu-Adjare was cited as saying by domestic media outlets.
The government is also finalising key policies for the garment and textiles sector, awaiting approval from the Minister of Finance.
Fibre2Fashion News Desk (DS)
Fashion
Lithuanian apparel imports rise 16%, European suppliers dominate
The sourcing structure of Lithuania’s apparel imports remains heavily skewed towards Europe. Poland, Germany, Spain and Italy together accounted for more than ** per cent of total import value, underscoring the importance of short supply chains, regional production networks and faster replenishment cycles for European buyers. This pattern also reflects the growing preference among EU retailers to source closer to home to reduce lead times, logistics costs and regulatory risks.
Among individual suppliers, Poland further consolidated its dominance, shipping $***.*** million worth of garments and capturing **.** per cent of the Lithuanian market, compared with **.** per cent a year earlier. Germany followed with exports of $**.*** million, representing **.** per cent of total imports, while Spain and Italy supplied $**.*** million (*.** per cent) and $**.*** million (*.** per cent) respectively, reflecting steady demand for mid- to higher-value European fashion products, according to *fashion.com/market-intelligence/texpro-textile-and-apparel/” target=”_blank”>sourcing intelligence tool TexPro.
Fashion
Walmart reshuffles executive team ahead of Furner’s takeover as global CEO
By
Reuters
Published
January 19, 2026
Walmart announced a series of executive changes on Friday as John Furner prepares to take over as CEO of the world’s largest retailer on February 1, replacing Doug McMillon.
The moves aim to maintain the Bentonville, Arkansas-based retailer’s growth momentum and bellwether position in the industry by promoting four longtime executives and expanding their responsibilities.
David Guggina will become CEO of Walmart’s largest division, Walmart U.S., replacing Furner in that role. Currently serving as chief e-commerce officer of Walmart U.S., Guggina has spent nearly eight years at the retailer in various positions, including executive vice president of supply chain operations.
The U.S. CEO position is highly coveted, as Walmart typically promotes leaders from this division, which generates around two-thirds of its annual revenue, to the top corporate job.
Walmart also promoted Chris Nicholas to CEO of its $100 billion Walmart International division, a day after announcing that current head Kathryn McLay would leave the company. Nicholas currently leads Sam’s Club, where he will be replaced by the chief merchandising officer for Walmart U.S., Latriece Watkins.
Additionally, Seth Dallaire, currently Walmart U.S. chief growth officer, will expand his responsibilities globally as chief growth officer of Walmart Inc, the company said in a statement.
All leadership changes take effect on February 1.
“These leadership changes mark a key step in how we organize for the future. Even the best teams need the right structure to win,” Furner said.
According to a company filing, Furner’s annual base salary is set at $1.5 million. He will receive a one-time stock award worth $10 million and be eligible for an annual equity award valued at approximately $17 million in fiscal 2027.
The moves come at a critical time for Walmart as it navigates domestic inflation pressures and strains on lower-income U.S. households. President Donald Trump‘s volatile trade policies have weighed on the company’s operations and supply chain relationships with key growth markets, including China, India, and Mexico.
Despite these challenges, Walmart has performed strongly. The company has reported quarterly revenue growth for nearly a decade straight, and its shares hit a record high this week. The stock gained 21% in 2025, significantly outpacing the 1.3% rise in the S&P 500 Consumer Staples index. Walmart’s shares were flat at $118.67 in morning trading on Friday.
© Thomson Reuters 2026 All rights reserved.
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