Tag: apparel

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...

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...

India Terminates Bangladesh Export Transshipment Facility

New Delhi: The Indian government has officially terminated the trans-shipment facility that permitted export cargo from Bangladesh to third countries via Indian land customs stations,...

Most U.S. Tariffs Paused; China Tariffs Increased to 125%

Shortly after the implementation of higher reciprocal tariffs on numerous U.S. trading partners, President Donald Trump announced a 90-day suspension of these tariffs, excluding...

US Tariffs: Effects on Global Apparel Trade Landscape

As the personalized reciprocal higher tariffs on countries with which the United States has significant trade deficits take effect on Wednesday, April 9, 2025,...

U.S. Counter-Tariffs Lead to Demands for Discounts In Bangladesh

Entrepreneurs in the Bangladesh garment industry have reported that many buyer companies are starting to suspend purchase orders due to the impact of U.S....

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