Saks Global Accesses $500M Funding Amid Bankruptcy Process

Saks Global Enterprises LLC, a key player in the luxury retail industry, has announced that it has secured access...

TexMat Initiative Launches Textile Deposit-Return System

A consortium from seven European nations has initiated the TexMat initiative, aimed at creating a deposit-return system for used...

Brunello Cucinelli Reports Record Revenue for FY25

Italian luxury fashion brand Brunello Cucinelli has wrapped up fiscal year 2025 (FY25) with remarkable achievements, reporting a preliminary...

Saks Global Files for Bankruptcy Amid Heavy Debt Crisis

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection due...

PolyU Researchers Develop Soft Magnetorheological Textiles

A team of researchers from The Hong Kong Polytechnic University (PolyU) has made groundbreaking strides in smart materials by...

AAFA Commends US Renewal of AGOA and Haiti Trade Programs

The U.S. House of Representatives has officially endorsed the extension of two crucial trade programs: the African Growth and...

US Trade Groups Push to Renew Africa and Haiti Programs

A coalition of U.S. trade organizations, including the American Apparel & Footwear Association (AAFA), is advocating for the revival...

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