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Global fashion falters in Q1 FY25 amid tariff pressures

06 Jun '25
14 min read
Global fashion falters in Q1 FY25 amid tariff pressures
Global fashion falters in Q1 FY25 amid tariff pressures

Insights

  • Global fashion ended Q1 FY25 on a weak note, with only *** companies reporting strong results, ** moderate and **** weak in the below list.
  • While Delta Galil, Azzas and Burlington posted solid growth, others like Ross and M&S saw mixed outcomes.
  • Dillard's, American Eagle, Carter's, Kohl's and Macy's reported sales and/or profit declines, reflecting cautious consumer spending and tariff uncertainty.

With only three ‘Strong’ and two ‘Moderate’, but six ‘Weak’ performances, the first quarter of FY** for global fashion ended as a ‘Weak’ quarter that also saw Trump introduce a newly revised and increased tariff regime. All eleven fashion companies in this list, wary of the direct and indirect impacts of the new tariffs, showed prudence in their outlook for the year ahead.

**B***"> *">Strong: Growth In Both Sales & Profits

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