Tag: apparel

2025 US Tariffs Impact Clothing Prices Significantly: TBL

According to recent projections from The Budget Lab (TBL) at Yale University, the tariffs in place for 2025 are set to have a significant...

India’s Gokaldas Exports Merges with BRFL Textiles Ltd

The board of directors at Gokaldas Exports Ltd (GEX), a leading garment exporter of India based in Bengaluru, has sanctioned the merger with BRFL...

US Clothing Sales Gain in July Ahead of Expected Tariffs

U.S. retail sales experienced a notable rebound in July 2025, as consumers capitalized on summer discounts in anticipation of upcoming tariff hikes. According to the...

Revenue Drop for Under Armour Due to New US Tariffs

Under Armour has anticipated a revenue decrease of 6% to 7% for the second quarter of fiscal year 2026, citing changing trade policies and...

Kontoor Brands Announces Positive Q2 Financial Results

Kontoor Brands, the parent company of well-known labels such as Wrangler and Lee, recently announced a 5% rise in net profit for the first...

Cascale Scorecard Calls for Action on Apparel Purchasing

Cascale has unveiled the Better Buying 2025 Garment Industry Scorecard, a benchmarking tool designed to assess annual advancements in purchasing practices among brands and...

US Imposes 50% Tariff on Indian Textiles and Apparel

The United States has doubled down on its trade strategy, imposing a staggering 50% tariff on Indian imports, with textiles and apparel at the...

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