Top emerging themes that will be high on the leadership agenda this year
Prior to the mid-19th century, nearly all clothing was handmade for individuals, either as home production or on order from dressmakers and tailors, however,...
Fashion industry to unlock big changes in 2024
In 2023, the apparel industry faced persistent and deepening challenges. On a regional basis, Europe and the US saw slower growth throughout the year,...
EPZ WORKERS GET 50% HIKE IN NEW MINIMUM WAGE:
Bangladesh government on December 10th announced a new minimum wage for over 480,000 workers in export processing zones (EPZs), a fortnight after it finalized...
SIX RECYCLING INNOVATIONSTHAT COULD IMPACT APPAREL INDUSTRY
The apparel industry indeed has been facing significant challenges related to environmental sustainability and waste management. The industry is known for its enormous waste...
Nike’s revenue increases to US$13.4bn in 2nd quarter
Footwear brand Nike has reported its financial results for the second quarter of the 2024 fiscal year, when revenues increased by 1% year-on-year to...
Nike slashes revenue projection to save $2 bn over next 3 years
Nike recently announced its plan to save $2 billion over the next three years through strategic measures.
These include limiting the supply of specific items,...
