Egypt's exports of readymade garments (RMG) rose by 19 per cent YoY between January and May to hit $1.08 billion. Such exports rose by 25 per cent YoY to EU nations to hit...
2024-10-31read more >
Cambodia's apparel exports surged by 18.50 per cent to $4.33 billion in the first half of 2024, making up 35.21 per cent of the country's total foreign income. Exports of knitted apparel increased by
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HanesBrands has appointed Sharilyn Gasaway to its board of directors, serving on the Audit Committee through 2025. Gasaway, formerly EVP and CFO at Alltel Corporation, brings...
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US consumers are expected to follow their own schedules for back-to-school shopping in 2024, with 60 per cent of K-12 parents buying footwear close to school start dates....
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The UK consumer price index (CPI) rose by 2 per cent in the 12 months to June 2024, the same rate as in the 12 months to May, the Office of National Statistics said. On...
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Gucci has achieved a 78 per cent reduction in GHG emissions (scopes 1 and 2) since 2015 and a 7 per cent reduction across scopes 1, 2, and 3 since 2021, according to its 2023...
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OVS S.p.A. has finalised an investment in Goldenpoint S.p.A., acquiring 3 per cent of its share capital. This will allow OVS to increase its stake to 51 per cent by 31 July...
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EssilorLuxottica is acquiring the Supreme brand from VF Corporation for $1.5 billion in cash. EssilorLuxottica's leaders see this as an opportunity to enhance their brand...
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Adidas reported an 11 per cent rise in Q2 FY24 currency-neutral revenues, with euro terms reaching €5.822 billion (~$6.39 billion). Excluding Yeezy sales, revenues surged...
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The 79th National Garment Fair (NGF) by CMAI will take place from July 23-26, 2024, at Bombay Exhibition Centre and Jio World Convention Centre. Spanning 1 million square...
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DECATHLON launches DECATHLON PULSE, a subsidiary aimed at driving long-term growth by building new businesses, investing in innovative companies, and acquiring transformative...
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German brand Puma has scaled up its RE:FIBRE recycling innovation, producing millions of football jerseys with at least 75 per cent recycled textile waste. Celebrations...
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Nike introduces the Nike Jam, the first shoe designed for breakers, featuring enhanced traction, durability, and style. Accompanied by a full apparel collection designed...
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Journeys appointed Stacy Doren as Executive Vice President and Chief Marketing Officer, effective August 1, 2024. Doren, with 24 years of experience at Levi's, will lead...
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Manufactured production of 219 items and sold production of 146 items in Poland were higher YoY in June. A fall was noted in manufactured production for 233 items and in...
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The 79th National Garment Fair (NGF) 2024, organised by CMAI, was inaugurated by Seerna Rajamouli today in Mumbai. The fair showcases 1300+ brands across 1 million sq ft...
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Puma and FORMULA 1 launch a new collection featuring futuristic graphics, functional detailing, and protective fabrics in both footwear and apparel. Designed for fans, it...
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Wage digitisation in the garment sector is transforming financial health and empowering women workers. Transitioning from cash to digital wages, combined with gender-responsive...
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Complex and archaic procedures of the foreign trade and customs authorities; import restrictions, vested interests and difficulty in obtaining quality raw fabric are affecting...
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Pearl Global Industries Limited raised ₹149.50 cr (~$17.87 million) through a Qualified Institutions Placement, attracting notable investors like HDFC, HSBC, and Goldman Sachs....
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India's Bihar state has tremendous potential in apparel manufacturing and exports, AEPC chairman Sudhir Sekhri told a textile investors' meet in Patna. Availability of skilled...
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Poland led Central and Eastern Europe (CEE) in Chinese apparel imports, reaching $658.189 million in the first five months of this year. The Czech Republic and Hungary followed, with $77.784 million
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France imported $280.5 million worth of apparel from Cambodia between January and April 2024, accounting for 3.71 per cent of total garment imports. This is slightly lower than the $290.609 million imported
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American firm Skechers reported a 9.8 per cent sales increase in H1 FY24, reaching $4.409 billion, with 11.1 per cent international and 7.8 per cent domestic growth. Gross...
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Columbia Sportswear's net sales declined by 7 per cent to $1.340 billion in H1 FY24, with gross margin flat at 49.5 per cent. Operating income decreased 67 per cent to $20.9...
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