Bangladesh Garment Manufacturers and Exporters Association has demanded continuation of cash support in upcoming budget. BGMEA president SM Mannan emphasised necessity of...
2024-10-31read more >
A new Customs Act 2023 will come into effect from June 6 this year aiming to enhance fiscal discipline, accountability in import revenue collection and trade facilitation....
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Under Armour saw a 5 per cent decline in Q4 revenue to $1.3 billion, with North American sales dropping by 10 per cent, while Its full fiscal 2024 revenue decreased by 3 per cent to $5.7 billion. Conversely,
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All Bangladesh leather product firms can now get cash incentives for exporting goods produced at their own factories, the central bank said. However, firms that export leather...
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British department store chain Frasers Group has expanded its investment in Hugo Boss, acquiring a significant number of shares directly and through put options. The investment...
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VF Corporation announced the appointment of Michelle
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Duluth Holdings reported a 5.7 per cent decline in Q1 FY24 net sales to $116.7 million, with direct-to-consumer sales down 5.1 per cent and retail store sales down 6.8 per...
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Gap reported Q1 FY24 net sales of $3.4 billion, up 3 per cent year-over-year. Comparable sales also rose by 3 per cent. Online sales grew 5 per cent, representing 38 per...
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Adidas has introduced the Supernova Prima, featuring 13% more DREAMSTRIKE+ foam for enhanced cushioning and stability. With an innovative LIGHTTRAXION outsole and multi-layered...
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Turkiye halted exports to Israel in May 2024 after Ankara decided to suspend bilateral trade due to the Gaza conflict. This suspension led to a dramatic decrease in Turkiye's exports to Israel, with
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Apparel accessories and packaging manufacturers of Bangladesh demanded equalization of import availability of tariff and non-tariff bonded establishments of all areas. They...
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The Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association has sought a level-playing field for both tariff and non-tariff-bonded establishments...
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Adidas unveils its FW24 London Tennis collection, featuring seamless material construction for comfort and focus. Highlights include the AEROREADY FreeLift T-Shirt Pro and...
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VF Corporation announced Caroline Brown as The North Face's new Global Brand President, effective June 2024, succeeding Nicole Otto. Mindy Grossman and Kirk Tanner were...
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Export prices of Bangladesh garments dropped by 8-16 per cent YoY in the last eight months due to a decline in consumer demand in major markets resulting from high inflation...
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The China-Bangladesh FTA is imperative for the enhancement of bilateral economic and trade relations, stated Chinese ambassador in Dhaka Yao Wen. The Chinese ambassador...
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The PUMA x Coperni collaboration introduces a comprehensive collection that blends fashion with functionality, inspired by the uniforms of athletes. It features innovative...
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Garment exports from Sri Lanka reached $1,437.7 million in January-April 2024, a 2.1 per cent decline from the previous year. Textile exports dropped by 17.4 per cent to $94.4 million, while exports
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G-III Apparel Group has acquired a 12 per cent stake in All We Wear Group, positioning AWWG as the agent for DKNY, Donna Karan, and Karl Lagerfeld in Spain and Portugal. This...
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Kering has appointed Laurent Claquin as Group Chief Brand Officer, effective July 1, 2024. Claquin will report to Jean-Marc Duplaix, the Deputy CEO in charge of Operations...
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G-III Apparel Group reported Q1 FY25 net sales of $609.7 million, slightly up from $606.6 million last year. Net income rose to $5.8 million ($0.12 per diluted share) from...
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In the first quarter of fiscal 2024, American company Lands' End reported a gross profit increase of 0.8 per cent, reaching $139.0 million, with a gross margin expansion to...
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PUMA and Noah's collaboration features a collection that merges classic varsity sportswear with premium details, highlighted by made-in-Japan footwear. Key apparel includes...
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Despite a flourishing European e-commerce market, British brands and retailers have seen sales to the EU drop by $7.54 billion since Brexit. The UK non-food export environment,...
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Vietnam, currently the third-largest supplier of apparel to New Zealand, saw a 6.97 per cent share of New Zealand's total apparel imports in the first quarter. In 2023, Vietnam supplied $70.163 million
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