Tag: apparel

Bangladesh Garment Industry Sets Global Standards: Report

Twelve years after the Rana Plaza tragedy, Bangladesh's garment sector has undergone a remarkable transformation. A new report from the Center for Media and...

Walmart Q1 FY26: Record $165.6B Revenue, 22% E-commerce Rise

Walmart, the American retail giant, has unveiled its financial results for the first quarter of fiscal year 2026 (FY26), showcasing a 2.5% year-over-year (YoY)...

De Minimis Policy to End Globally Under New US Bill

The US National Council of Textile Organizations (NCTO) has voiced strong support for a newly proposed US measure that seeks to eliminate the de...

Former H&M CEO: Bring Sustainability Back to Business Core

Former H&M CEO and current chair of Circulose, Helena Helmersson, recently addressed retail industry leaders at the World Retail Congress, calling for sustainability to...

Recover & Intradeco Partner for Sustainable Textile Venture

Recover, a materials science company, and global manufacturer Intradeco have formed a strategic joint venture to expand the production of Recover's recycled cotton fiber...

American Eagle Q1 Results: Revenue Drops, Strategy Shifts

In its preliminary first-quarter report, American Eagle Outfitters (AEO) described its results as โ€œdisappointing,โ€ prompting the company to reassess its strategies for the months...

DICK’S Acquires Foot Locker in $2.5B Strategic Merger

DICK'S Sporting Goods, Inc. (NYSE: DKS), a prominent U.S.-based omni-channel sporting goods retailer, has entered into a definitive merger agreement to acquire Foot Locker,...

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