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US' Dick's & Foot Locker report preliminary merger election results

Dick’s Sporting Goods and Foot Locker announced preliminary results of shareholder elections for their merger.
Around 92.6 per cent of Foot Locker shareholders opted for stock consideration (0.1168 Dick's shares per Foot Locker share), while only 1.2 per cent chose cash consideration of $24 per share.
Shareholders who did not elect will receive cash, and fractional shares will be settled in cash.

Sri Lanka's garment exports rise 9% to $2.85 bn in Jan-Jul 2025

Sri Lanka’s garment exports rose 9 per cent to $2.85 billion in Jan–Jul 2025, driven by strong apparel demand, while textile exports dipped 4.8 per cent.
Combined textile and garment exports made up over half of industrial shipments.
July saw an 8.3 per cent export rise, while apparel imports surged 35.2 per cent, signalling a revival in domestic consumption.

Japan's Uniqlo expands Uniform division for record growth by 2026

Uniqlo is restructuring and expanding its UNIFORM business to meet rising demand, with over 20,000 companies, schools, and sports teams expected to adopt its clothing by FY2026.
Offering practical, affordable, and high-quality apparel, the brand is enhancing sales, production, and delivery systems to redefine uniforms for work, education, and sports through its LifeWear philosophy.

US brand Crocs names Patraic Reagan CFO, reaffirms Q3 2025 outlook

Crocs, Inc has appointed Patraic Reagan as executive VP and CFO effective September 22, 2025, succeeding Susan Healy.
Reagan, with nearly 30 years’ experience at firms including SharkNinja and Nike, will oversee finance, planning, and investor relations.
He emphasised growth potential across Crocs and HeyDude brands.
The company has reaffirmed its Q3 2025 outlook.

Primark launches UK’s first Home store at Trafford Palazzo

Primark has opened its first standalone Home store in Great Britain at Manchester’s Trafford Palazzo, spanning nearly 12,000 sq ft over two floors.
The store offers bedding, décor, storage and a mezzanine travel section.
The launch featured live entertainment and voucher giveaways, while Trafford Palazzo and Market Street stores also received upgrades, marking Primark’s lifestyle push.

Nike emerges strongest apparel brand globally in 2025: Brand Finance

Nike has been named the world’s strongest apparel brand with a BSI score of 94.7, and the second strongest brand globally across all sectors, per Brand Finance 2025.
Chanel overtook Louis Vuitton as the most valuable apparel brand at $37.9 billion.
France’s nine brands contribute 37 per cent of total value.
Reebok is the fastest-growing brand.

Egypt’s readymade garment exports up 26% YoY in Jan-Jul 2025

Egypt’s readymade garment exports rose by 26 per cent YoY to nearly $1.939 billion during the first seven months this year, according to the Apparel Export Council (AEC).
Expressing optimism that this momentum will accelerate from August onwards, AEC chairperson Fadel Marzouk projected additional growth of up to 35 per cent.
AEC has set a medium-term target to increase exports to $12 billion by 2031.

South Korea's apparel imports steady at $6.5 bn in Jan–July 2025

South Korea’s apparel imports stayed nearly flat at $6.52 billion in January–July 2025 versus $6.55 billion a year earlier, with knitted apparel rising slightly and non-knitted declining.
July imports dipped 2.6 per cent year-on-year but jumped 28.6 per cent from June.
The country saw filament and fabric exports fall over 13 per cent in H1 2025, reflecting weaker global demand.

Mexico suspends temporary footwear imports to aid domestic industry

A recent Presidential decree in Mexico temporarily suspended imports of finished footwear under the Manufacturing, Maquiladora and Export Services Industry programme.
Signed on August 23, the decree was announced by Minister of Economy Marcelo Ebrard, who said it aims at protecting the domestic footwear industry.
The sector contracted by 12.8 per cent YoY in 2024, losing nearly 11,000 formal jobs.

Nike loses footing in annual Stifel BTS Athletic Footwear Survey

US retailers referenced Nike shoes as most popular in 38.2 per cent of checks in Stifel’s Back to School sneaker survey—a 23.2-pps YoY drop versus 2024 and an all-time low dating back to the survey’s beginning in 2008.
Though Nike is losing a few steps with consumers, its popularity rose in top e-commerce sellers.
There’s a broadening landscape of shoe popularity across brands, styles and price points.