Tag: apparel

Levi Strauss Celebrates Strong Growth: $502M in Net Income

For the fiscal year ending November 30, Levi Strauss reported an impressive net income of $502 million, up dramatically from $210 million the previous...

H&M Reports Strong Profit Growth Despite Currency Pressures

Swedish clothing retailer H&M Hennes & Mauritz AB has unveiled impressive profitability results for the fiscal year 2025 (FY25), which concluded on November 30....

US, UK, EU Drive 5.43% Growth in Sri Lanka Textile Exports

In December 2025, Sri Lankaโ€™s apparel and textile exports rose by 5.43% year-on-year, totaling $447.21 million. This increase was propelled by higher shipments to...

Landsโ€™ End Moves to Licensing Model with WHP Global

U.S. clothing brand Landsโ€™ End has reached an agreement to sell a 29.06% stake to WHP Global for $300 million, transitioning to a licensing-oriented...

ANTA Sports Acquires 29.06% Stake in Puma for โ‚ฌ1.5bn

ANTA Sports has finalized an agreement to acquire a 29.06% stake in Puma from Groupe Artรฉmis, the investment firm of the Pinault family, in...

Carrefour Introduces Clear Fashion App for Clothing Labels

Carrefour is initiating a project that employs the Clear Fashion app to improve transparency in clothing sales. This effort aligns with a nationwide initiative...

France Targets Ultra-Fast Fashion with Penalty Tax Plan

France's Ministry of Ecological Transition has tasked the textile recycling organization Refashion with developing a penalty tax plan aimed at ultra-fast fashion brands, including...

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