Tag: news

Kering Q3 2025 Revenue Decline and Gucci Slowdown

French company Kering posts 10% revenue decline in Q3FY25 French multinational company Kering’s group revenue in the third quarter of 2025 was €3.4 billion (‘$3.94...

H&M Foundation Accenture Fashion Transformation Report 2025

H&M Foundation, Accenture unveil report urging fashion industry transformation The H&M Foundation, a non-profit organisation, has partnered with Accenture to release an insight report calling...

EU Deforestation Law Fashion Grace Period: EUDR 2025 Update

Fashion sector has six-month ‘grace period’ for EU deforestation law The European Commission has announced the EU deforestation law for large and medium companies should...

Turkish Apparel Exports Target UK Market Expansion

At a recent gathering in London to promote the Istanbul Fashion Connection trade show set for February 2026, Mustafa Paşahan, Vice President of the...

US Retail Returns Expected to Hit $849.9 Billion in 2025

Retailers in the United States are estimating that 15.8% of their total annual sales will be returned this year, amounting to approximately $849.9 billion,...

Euratex Urges ECHA for Technical Textiles Evaluation

Euratex, the representative organization for Europe’s textile and clothing industry, is calling for the European Chemicals Agency (ECHA) to undertake a specific evaluation of...

Closed-Loop Recycling: 24 Tonnes Produced 50k Garments

A pioneering closed loop recycling initiative has successfully transformed 24 tons of post-consumer textiles into around 50,000 garments for the Dutch retailer Zeeman, marking...

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