Business

Nordic Council adopts new roadmap for transparent fashion industry

The Nordic Council has adopted a new recommendation urging Nordic governments to strengthen sustainability standards across the fashion and textile industry. The move aims to improve transparency, reduce greenwashing,...

Kontoor to sell Lee brand to Authentic in $1 billion deal

Kontoor Brands has agreed to divest the Lee brand to Authentic Brands Group in a deal worth up...

Why are stakeholders divided over Bangladesh’s labour reforms

Bangladesh’s labour law amendments are widely seen as one of the country’s most important reforms in recent years,...

| US T&A imports fall 11.9% by volume in Q1, exports also decline

United States (US) recorded an 11.93 per cent year-on-year decline in textile and apparel import volumes across all...

India’s textile & apparel export down 3.4% to $2.88 bn in April 2026

India’s textile and apparel exports declined 3.42 per cent in the first month of fiscal 2026-27 (April-March). Apparel...
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Philippine manufacturing PPI sees 1% YoY drop in Aug 2024

The Philippine producer price index (PPI) for manufacturing saw a faster year-on-year (YoY) decline of 1 per cent in August this year from a...

German brand Adidas’ revenue increases to $7.01 bn in Q3 2024

Sports brand Adidas has announced preliminary results for the third quarter (Q3) of 2024. In Q3, currency-neutral revenues increased 10 per cent year-over-year (YoY)....

UK clothing-footwear prices up 0.8% YoY, 2.1% MoM in Sept 2024

UK consumer price index (CPI) rose by 1.7 per cent in the 12 months to September this year, down from 2.2 per cent in...

Bloomie’s by Bloomingdale’s to open store in New Jersey in November

Bloomingdale's announces the fourth Bloomie's store format is set to open on November 14, 2024 in The Grove Shopping Center in Shrewsbury, New Jersey....

H&M launches premium kidswear Line Adorables at Selfridges London

H&M has opened a vibrant pop-up store at Selfridges London, dedicated to H&M Adorables, its brand-new premium childrenswear line. Rooted in a timeless aesthetic...

Second-hand clothing sector contributes $7.6 bn to EU27+ GDP: Report

The second-hand clothing sector—a crucial element in the shift towards a circular textile economy—contributed an estimated total of €7 billion (~$7.6 billion) to the...
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