Tag: news

Skechers Reports Record Q2 Sales of $2.44 Billion, Up 13.1%

Skechers Inc., the American footwear company, has announced record-breaking sales for the second quarter of 2025, reporting revenues of $2.44 billion. This figure reflects...

India’s Gokaldas Exports Merges with BRFL Textiles Ltd

The board of directors at Gokaldas Exports Ltd (GEX), a leading garment exporter of India based in Bengaluru, has sanctioned the merger with BRFL...

US Clothing Sales Gain in July Ahead of Expected Tariffs

U.S. retail sales experienced a notable rebound in July 2025, as consumers capitalized on summer discounts in anticipation of upcoming tariff hikes. According to the...

Revenue Drop for Under Armour Due to New US Tariffs

Under Armour has anticipated a revenue decrease of 6% to 7% for the second quarter of fiscal year 2026, citing changing trade policies and...

Indian Textile Industry Faces Crisis with New US Tariffs

The Indian textile sector is facing a crisis as the administration of U.S. President Donald Trump has instituted an additional 25 percent tariff on...

Geneva Hosts Talks for UN Global Plastics Treaty

Leaders from around the globe, along with industry executives and engaged citizens, have gathered in Geneva for ongoing discussions regarding a Global Plastics Treaty....

Kontoor Brands Announces Positive Q2 Financial Results

Kontoor Brands, the parent company of well-known labels such as Wrangler and Lee, recently announced a 5% rise in net profit for the first...

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