Tag: news
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...
News
US Tariff Threat: Time for India to Seek New Markets
In a few days, U.S. President Donald Trump’s additional 25 percent tariff on Indian goods will come into force, leaving Indian industries concerned about...
Fashion
Fashion Industry Lacks Renewable Energy Targets: Report
According to a recent report from Sustainable Energy for All (SEforALL) based in Vienna, many leading fashion brands have yet to establish clear renewable...
Apparel
FLA Launches Toolkit for Effective Labor Grievance Systems
The Fair Labor Association (FLA), a non-profit organization, has launched a comprehensive FLA grievance systems toolkit for companies designed to assist businesses in creating and managing...
Apparel
H&M Partners with Rebl to Enhance Warehouse Automation
Swedish fashion retailer H&M has entered into a framework agreement with robotics company Rebl Industries to deploy Rebl's advanced AI-powered robots. Since mid-2024, H&M...
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