Fashion
US retailers split on holiday prospects amid consumer caution

By
Reuters
Published
August 20, 2025
Mixed sales and profit forecasts from major US retailers such as Target and Home Depot have prompted investors to question if this year’s crucial holiday season will yield the windfall typically associated with a year-end shopping surge.
Rising costs driven by US President Donald Trump‘s import tariffs and subdued consumer spending have given rise to fresh worries about the resilience of the American shopper. “We are planning cautiously for the back half of the year, given continued uncertainty and volatility,” Target’s chief commercial officer, Rick Gomez, said on Wednesday.
Consumer and retail companies have also been among the worst hit by tariffs. The unpredictable nature of Trump’s trade policies has contributed to a decline in US consumer sentiment, as shoppers expect tepid economic growth and higher inflation in the coming months.
Overall inflation in the United States has been trending higher and economists are concerned that higher prices could be in store for consumers after a recent spike in wholesale-level inflation. Over the past few weeks, Adidas said it could launch new products at higher prices in the US, Levi Strauss said it would cut back on promotions, while Under Armour is considering bumping up prices for consumers who have the pricing power to tackle tariffs.
“We are learning a lot about the health of the consumer. They are still interested in spending, but not splurging. Some of the comments companies gave months ago about not hiking prices due to tariffs… (are) proving to be more lip-service than reality,” Brian Jacobsen, chief economist at Annex Wealth Management said.
While the broader stock market has performed well in 2025 – the S&P 500 is up more than 8% – consumer discretionary stocks have lagged, gaining only about 1%. On the other hand, TJX, parent of T.J. Maxx and Marshalls, touted a “strong start” to the second half of the year. Home Depot posted disappointing quarterly results, citing consumer hesitation on big-ticket purchases, but maintained its forecasts.
“Value is very top of mind for consumers right now. They’re looking to stretch their budget; they’re looking to navigate inflation and uncertainty around tariffs,” Target’s incoming CEO Michael Fiddelke said. Target reiterated that it would hike prices as a “last resort,” while Lowe’s said it would remain “price competitive”.
Target shares slumped nearly 8% on Wednesday after the company named Fiddelke as its new CEO and kept its forecasts intact. Lowe’s managed to beat earnings estimates but acknowledged that home improvement demand remains soft due to high borrowing costs. The company will continue to face challenges in the back half of the year due to high mortgage rates and cautious consumers, executives said in a post-earnings call.
The Reuters global tariff tracker shows that of the more than 300 companies that have reacted to the tariffs in some manner since February 1, about 38 consumer companies have withdrawn or cut their forecasts, while about 42 have mentioned price hikes.
© Thomson Reuters 2025 All rights reserved.
Fashion
Bangladesh’s RMG exports up 4.7% in Q1 FY26, but Sept shipments dip

Woven garment exports slightly outpaced knitted garment exports in terms of growth. Knitwear exports (Chapter **) rose by *.** per cent to $*.*** billion, compared to $*.*** billion in the same period of fiscal ****–**. Woven apparel exports (Chapter **) increased by *.** per cent to $*.*** billion, up from $*.*** billion in July–September ****, EPB data showed.
Home textile exports (Chapter **, excluding ******) also grew, rising by *.** per cent to $***.** million, compared to $***.** million in the same period of the previous fiscal. Collectively, exports of woven and knitted apparel, clothing accessories, and home textiles accounted for **.** per cent of Bangladesh’s total exports, which stood at $**.*** billion during the period. Higher demand for diversified and value-added textile products supported this growth.
Fashion
Dutch manufacturing flat in August, up 1.7% from July: CBS

Slightly more than half of the various industrial sectors produced less than they did one year previously. Of the eight largest industrial sectors, output rose the most sharply in the repair and installation of machinery, while it fell the most sharply in the transport equipment industry.
A more accurate picture of changes in short-term output is obtained when the figures are adjusted for seasonal effects and the working-day pattern. After adjustment, manufacturing output rose by 1.7 per cent in August relative to July, CBS said in a press release.
In August 2025, Dutch manufacturing output remained unchanged year-on-year, although output declined in over half of the industrial sectors.
After seasonal adjustment, output rose by 1.7 per cent compared to July.
The strongest growth was seen in the repair and installation of machinery, while transport equipment recorded the sharpest decline.
After adjusting for seasonal and working-day effects, manufacturing output often fluctuates significantly. In the spring of 2020, output declined rapidly, reaching a low point in May 2020. This was followed by an upward trend until May 2022. The trend has reversed since then.
Producer confidence was less negative in September than it was in August. Manufacturers were more positive regarding output for the next three months, in particular.
Germany is an important market for the Dutch manufacturing sector. In September, German manufacturers were more negative than they were in August, as reported by Eurostat. In August, the calendar-adjusted output of the German manufacturing sector was down by 5.1 per cent, year on year. Relative to July, output fell by 5.5 per cent, as reported by Destatis.
Fibre2Fashion News Desk (RR)
Fashion
ADB commits $82.5 mn to drive Cambodia’s energy transition

The first subprogramme, approved in 2022, introduced pivotal policy measures that guided the energy sector toward a more efficient and renewable development pathway. Building on this foundation, subprogramme 2 advances regulatory reforms to strengthen the energy efficiency framework and enhance policy clarity to attract private sector investment. A key milestone under the subprogramme is the introduction of the country’s first set of regulations establishing Minimum Energy Performance Standards for electrical appliances, starting with air conditioners, which account for the largest share of energy consumption in the residential sector, ADB said on its website.
Subprogramme 2 will also establish an Energy Efficiency Revolving Fund aimed at facilitating access to finance for local small and medium-sized enterprises (SMEs) to invest in energy-efficient technologies. The revolving fund will be set up through a financial intermediation structure to enable local banks to extend loans to SMEs for energy efficiency investments. By mobilizing domestic financial institutions and supporting SMEs, the revolving fund is expected to accelerate the nationwide scale-up of energy efficiency investments.
Asian Development Bank (ADB) has approved $82.5 million for Phase 2 of Cambodia’s Energy Transition Sector Development Programme to support clean energy through policy reforms and investments.
The programme introduces energy efficiency standards, establishes a revolving fund for SME financing, and also aims to attract private investment.
“ADB is honoured to support Cambodia in its ambitious and transformative journey in the energy sector. Through a comprehensive reform package, combining policy support with strategic investments, the Energy Transition Sector Development Programme will support turning the government’s ambitious vision into reality,” said ADB acting country director for Cambodia Anthony Gill. “This includes the goal of achieving 70 per cent renewable energy in the power mix by 2030, along with a strong commitment to advancing energy efficiency, which is essential to ensure that Cambodia’s growth remains both sustainable and affordable.”
Subprogramme 2 will be followed by a third phase in 2027, which will further deepen reforms by expanding the energy efficiency regulatory framework and introducing technical standards for renewable energy, buildings, and industry to further attract private sector investment.
Fibre2Fashion News Desk (RR)
-
Tech6 days ago
I’ve Tested Countless Mesh Systems. Here Are the Routers I Recommend
-
Tech1 week ago
Amazon Prime Big Deal Days Is Next Week, but We Already Found 40 Early Deals
-
Tech1 week ago
All Hail the Surprisingly Versatile Packing Cube! These Are Our Favorites
-
Tech6 days ago
Jony Ive Says He Wants His OpenAI Devices to ‘Make Us Happy’
-
Tech1 week ago
AI in an ‘industrial bubble’ but will benefit society: Bezos
-
Business7 days ago
Investors are packing up; Pakistan must ask why | The Express Tribune
-
Tech1 week ago
Amazon is overhauling its devices to take on Apple in the AI era
-
Tech1 week ago
Combat Dry Indoor Winter Air With a New Humidifier