Tag: news

Frasers Takes 5.77% Stake in Puma as Turnaround Looms

Frasers Group, controlled by retailer Mike Ashley, has quietly built a meaningful holding in Puma, taking a 5.77% position as the German sportswear company...

American Eagle Q4 Revenue Hits $1.8bn, Forecasts 2026 Growth

American Eagle Outfitters capped fiscal 2025 with a standout fourth quarter and holiday season, as its growth engines—Aerie and OFFLINE—delivered double‑digit comparable gains and...

Mango Targets €4bn Revenue in 2026 After Sales Rise 13% 2025

Mango extended its growth streak in 2025, turning in its strongest top-line performance to date and reinforcing management’s confidence in the company’s multi-year 4E...

Gildan Launches Sale of Hanes Australia, Expands Bangladesh

Gildan Activewear ended the fourth quarter with a sharp uplift in reported sales, kicked off a formal divestment process for HanesBrands’ Australian operation, and...

UK Researchers Call for Garment Trading Adjudicator

Researchers are urging the UK government to create a Garment Trading Adjudicator, arguing that new survey evidence points to entrenched unfair purchasing behaviour by brands...

Sri Lanka Garment Exports Slip as US and EU Demand Softens

Sri Lanka’s garment sector began 2026 with a small but notable setback, as Sri Lanka apparel exports January 2026 declined 2.66% year on year amid what...

MAS Holdings to Shut Sri Lanka Plant, Impacting 2,200 Jobs

MAS Holdings is moving to shut down one of its Sri Lankan production facilities, a decision that affects 2,200 workers and signals a strategic...

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