Tag: news

Kontoor Brands Announces Strong Performance in Second Quarter Results

In the latest Apparel Industry News, Kontoor Brands has reported a 19 per cent year-on-year increase in revenue from continuing operations, reaching $584 million...

US Tariff Refund Claims for Bangladeshi Exporters News

The Bangladesh garment industry is closely monitoring developments as US importers begin to receive US duty refunds previously paid under a specific reciprocal tariff...

China Textile Industry Denies Excess Capacity Allegations

The China National Textile and Apparel Council (CNTAC) has formally addressed and dismissed international allegations regarding excess capacity within the sector. Industry leaders assert...

Hela Apparel Seeks Court-Ordered Winding Up Amid Liquidity Crisis

Sri Lankan apparel producer Hela Apparel has moved to wind up its business after concluding that persistent liquidity problems have left the group unable...

Somnigroup Reports Higher Profitability and Margin Growth in Q2 FY26

American manufacturer of mattresses and bedding products Somnigroup has reported a notable rise in profitability for the second quarter ended June 30, 2026, driven...

Bangladesh Apparel Trade Bodies Recommend 370 Factories for Stimulus

Three prominent textile and apparel organizations in Bangladesh have officially recommended 370 closed and struggling production units to the central bank for financial assistance....

Ralph Lauren Posts Strong Q1 FY27 Results, Raises Annual Outlook

Ralph Lauren Corporation delivered stronger-than-expected first-quarter results for fiscal 2027 (FY27), reporting double-digit revenue growth driven by healthy demand across global markets, robust full-price...

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