Tag: apparel

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 “disappointing,” 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,...

Lululemon Commits To 50% Renewable Electricity Target For Core Suppliers

VANCOUVER, British Columbia — Lululemon, global performance apparel, footwear, and accessories company, has publicly committed to achieving a 50% renewable electricity target across its core suppliers...

Marimekko Plans 2025 Expansion with Focus on Asia Market

Finnish fashion and textiles company Marimekko Group forecasts a rise in net sales for 2025 compared to 2024, with a projected operating profit margin...

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