Tag: news

Business Groups Urge Suspension of LkSG in Germany

German business associations are urging the Bundestag and the Federal Government to suspend the Supply Chain Due Diligence Act (LkSG) following the initial reading...

Q3 FY26: Deckers Brands Net Sales Surge to $1.95 Billion

Deckers Brands, a renowned player in the apparel and footwear sector, has announced a 7.1% increase in net sales for the third quarter of...

US Textile Industry Welcomes New Trade Pact with El Salvador

Washington, D.C. — January 29, 2026 — The National Council of Textile Organizations (NCTO), which represents a wide array of U.S. textile manufacturers—from fiber...

Levi Strauss Celebrates Strong Growth: $502M in Net Income

For the fiscal year ending November 30, Levi Strauss reported an impressive net income of $502 million, up dramatically from $210 million the previous...

Gordon Brothers Acquires UK’s LK Bennett Brand Assets

Gordon Brothers, renowned global asset experts, has made a significant move by acquiring the LK Bennett brand and its associated intellectual property from the...

H&M Reports Strong Profit Growth Despite Currency Pressures

Swedish clothing retailer H&M Hennes & Mauritz AB has unveiled impressive profitability results for the fiscal year 2025 (FY25), which concluded on November 30....

Concerns Rise About State-run PROs in EU EPR Systems

A coalition of industry associations has raised serious alarms concerning the increasing prevalence of state-run Producer Responsibility Organisations (PROs) within the European Union's Extended...

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