China Responds with 125% Tariff on U.S. Imports

China will raise tariffs on U.S. goods to 125% starting Saturday, up from the previously announced 84%, the countryโ€™s...

US Upland Cotton Sales Fall 11%; Pima Cotton Down 68%

Net sales of Upland cotton in the United States for the 2024โ€“25 season reached 115,100 running bales (RB), weighing...

Luxury Market Shakeup: Prada Acquires Versace for $1.4B

Milan:ย Italian fashion house Prada announced on Thursday that it has finalized an agreement with US group Capri Holdings to...

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...

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...

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...

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...

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