Gildan Expands with $4.4 Billion Acquisition of HanesBrands

Gildan Activewear Inc., based in Canada, has entered into an agreement to acquire HanesBrands Inc. in a transaction valued...

AAFA Calls for Clarity in US & China Tariff Agreements

The American Apparel and Footwear Association (AAFA) has expressed its response following President Trumpโ€™s recent executive order, which extends...

Bestseller Invests in Automated Sewing Robots

While yarn production has long been fully automated, the time may now have come for RMG (ready-made garment) production. A...

2025 US Tariffs Impact Clothing Prices Significantly: TBL

According to recent projections from The Budget Lab (TBL) at Yale University, the tariffs in place for 2025 are...

India’s Gokaldas Exports Merges with BRFL Textiles Ltd

The board of directors at Gokaldas Exports Ltd (GEX), a leading garment exporter of India based in Bengaluru, has...

US Clothing Sales Gain in July Ahead of Expected Tariffs

U.S. retail sales experienced a notable rebound in July 2025, as consumers capitalized on summer discounts in anticipation of...

Revenue Drop for Under Armour Due to New US Tariffs

Under Armour has anticipated a revenue decrease of 6% to 7% for the second quarter of fiscal year 2026,...

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