Luxury Market Shakeup: Prada Acquires Versace for $1.4B

Milan: Italian fashion house Prada announced on Thursday that it has finalized an agreement with US group Capri Holdings to purchase its flamboyant rival, Versace,...

Uniqlo Drives Fast Retailing Profit Growth in FY25

During this period, Fast Retailing reported consolidated revenue of JPY 1.79 trillion ($12.28 billion), with an operating profit of JPY 304.22 billion. This marks...

US Companies Face Challenges Amid Child Labor Cuts: FLA

Jeff Vockrodt, the president and CEO of the Fair Labor Association (FLA), has expressed concern that the termination of funds aimed at eliminating child...

Tariff Pause: US Fashion Sector Calls for Stability

On April 9, U.S. President Donald Trump announced a comprehensive 90-day suspension of the "reciprocal" tariffs, effective immediately at midnight; however, he did not...

Inditex Supports Education for Female Textile Workers

Spanish clothing giant Inditex has partnered with the Asian University for Women to introduce a new scholarship program designed to promote the professional advancement...

INDA Announces Four New Leaders To Join 2025 Board

CARY, N.C. — INDA, the Association of the Nonwoven Fabrics Industry, proudly announces the election of four distinguished leaders to its 2025 Board of...

ICE Cotton Futures Rise Amid US Tariff Pause Announcement

On Wednesday, ICE cotton futures experienced a notable jump of over one percent, spurred by President Donald Trump's announcement of a three-month suspension on...

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