Tag: news
Apparel
Shein Eyes $25 Billion Hong Kong IPO Amid Slowing Growth and Rising Pressure
Shein, the global fast fashion e-commerce giant, is heading toward a Hong Kong IPO with an expected valuation of approximately $25 billion — a...
Apparel
Amer Sports Posts 339% Operating Profit Surge in Q2 on Salomon and Arc’teryx Momentum
Amer Sports, the parent company behind globally recognized brands Arc'teryx and Salomon, has reported a striking 339% increase in operating profit to $192 million...
News
Bangladesh RMG Faces EU-US Shift Toward MMF Export Growth
Bangladesh’s readymade garment (RMG) industry is approaching a critical transition as the preferences of its key Western markets evolve beyond traditional cotton-based apparel. For...
News
Hundreds Locked Out at Misr El Amria Amid Egypt Textile Industry Strike
Management at Misr El Amria Spinning and Weaving Company, a major entity in the nation's textile sector, initiated a lockout of hundreds of employees...
News
Vietnam and UK Explore Commodity Derivatives to Support Trade
Vietnam and the United Kingdom (UK) are looking to deepen financial cooperation by developing commodity derivatives and other risk-management tools that could help exporters...
Apparel
European Textile Sector Adapts to Market Contraction and Digital Shifts
The European textile and clothing industry remains a fundamental economic pillar, generating 166 billion euros in annual turnover according to the Euratex Facts &...
Apparel
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...
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