Zegna’s DTC Growth Strong Despite Q1 Revenue Decline

Zegna, the renowned Italian luxury fashion brand, has demonstrated significant momentum in its direct-to-consumer (DTC) segment, even as its revenue for the first quarter...

Indonesia Reviews Tariff Changes in US Trade Negotiations

Indonesia is evaluating potential tariff changes in response to ongoing Indonesia-US trade negotiations. The government is exploring strategies to enhance its competitive edge in...

ICE Cotton Futures Rise Amid Weaker US Dollar

ICE cotton futures rose slightly yesterday, buoyed by a weaker US dollar. A declining dollar makes US cotton more affordable for international buyers. Although...

Trützschler, O.R.V., Texnology Get Filtration Breakthrough

In an impressive showcase of teamwork and technological advancement, O.R.V. MANUFACTURING S.P.A., Texnology s.r.l., and Trützschler Nonwovens have achieved a significant milestone in research...

Kering Reports 14% Q1 Revenue Drop; Gucci Faces Challenges

French luxury conglomerate Kering has announced a revenue of €3.9 billion (approximately $4.25 billion) for the first quarter (Q1) of 2025, representing a 14...

Armenia Invites China for Textile Joint Ventures

Armenia has called on a visiting Chinese delegation to collaborate on establishing joint textile ventures. The appeal comes during discussions aimed at enhancing bilateral...

RBI: US Tariff Hike Could Cut India’s Exports, Demand

Worried about the repercussions of US tariff increases on the economy, the Reserve Bank of India (RBI) stated in its latest monthly bulletin that...

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