Meghna Group partners with Tam Hangers to launch sustainable hanger production in Bangladesh
Meghna Group has partnered with Turkey’s Tam Hangers to establish Tam Hangers Bangladesh Limited, aiming to produce plastic garment hangers for export. Tam Hangers...
IAF and AMFI jointly to organize 3D NEXT LVL 3.0 in Amsterdam
In a unique collaboration, the International Apparel Federation (IAF), Alvanon Europe, Amsterdam Fashion Institute (AMFI), and Albstadt-Sigmaringen University have joined forces to organize 3D...
New York State announces grants for textile innovation
Start-Ups, Small Businesses, Farmers and Researchers Can Apply for up to $10,000 in Funding To Develop Fiber-Related Projects and Technologies Starting September 15
New York’s...
Under Armour Faces Challenges Amid Stock Decline and Revised Financial Forecast
The Apparel Digest Report Analysis
The major sports gear manufacturer, Under Armour, is now going through a period of extensive reorganization, which has resulted in...
NEOLAST™: An sustainable alternative to traditional spandex
Under Armour, in collaboration with Celanese, has launched NEOLAST™, a groundbreaking alternative to traditional spandex. This innovative fiber is crafted from recyclable elastoester polymers...
Luxury market faces significant challenges in 2024, HSBC report reveals
Key Insights:
2024 Growth Cut: HSBC lowered luxury sector growth forecast to 2.8% from 5.5%, marking it the 6th-worst year in 20 years.
Divergent Results: Prada is expected to grow 21% in Q3 2024, while Gucci and Burberry face...
