Tag: news
Apparel
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...
Fashion
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...
Apparel
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....
News
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...
Apparel
US, UK, EU Drive 5.43% Growth in Sri Lanka Textile Exports
In December 2025, Sri Lanka’s apparel and textile exports rose by 5.43% year-on-year, totaling $447.21 million. This increase was propelled by higher shipments to...
Fashion
LVMH Sees Revenue Decline, Focuses on Future Growth
French luxury giant LVMH Moet Hennessy Louis Vuitton announced a revenue total of €80.8 billion (approximately $96.96 billion) for the fiscal year 2025, marking...
Apparel
Lands’ End Moves to Licensing Model with WHP Global
U.S. clothing brand Lands’ End has reached an agreement to sell a 29.06% stake to WHP Global for $300 million, transitioning to a licensing-oriented...
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