Tag: news
Apparel
Nike Rises to Top Apparel Brand Globally with 94.7 BSI Score
Nike has solidified its position as the leading apparel brand worldwide, achieving a Brand Strength Index (BSI) score of 94.7 out of 100, according...
News
Innovating Textile Waste Management for a Greener Future
Fabric waste is a pressing issue in the textile industry that can no longer be overlooked. This crisis doesn’t just manifest in landfills; it...
News
India Extends Export Obligation Period for Textile Sector
In response to the 50% tariff imposed by the Trump administration, India is implementing strategies to alleviate the impact on its textile and garment...
Apparel
$3.8 Billion in Small Parcel Imports Sparks UK Tax Review
Approximately $3.8 billion worth of small parcels were shipped from China to the UK last year, benefiting from a controversial import tax exemption, according...
News
Skechers Acquisition: 3G Capital Finalizes $9 Billion Deal
3G Capital is poised to acquire Skechers following the clearance of all necessary regulatory approvals for the takeover. Valued at approximately $9 billion, the...
Apparel
Gap Inc. Reports Flat Q2 Sales Amid US Tariff Concerns
Gap Inc. revealed that its net sales remained flat at $3.73 billion for the second quarter of fiscal year 2025 (Q2 FY25), anticipating a...
Fashion
US Ends De Minimis Exemption: UK Fashion Industry Alert
The UK Fashion and Textile Association (UKFT) has raised alarms about the cessation of de minimis shipments to the U.S., indicating significant repercussions for...
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