PSI 2026

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US Blocks Mauritius Apparel Over Forced Labor Claims

US customs authorities have moved to detain all shipments of textiles and apparel from Firemount Group Ltd in Mauritius, effective November 18, as part...

Germany’s Mytheresa Achieves Outstanding Growth in FY26 Q1

Mytheresa has solidified its role as the key growth driver for the German luxury e-commerce group LuxExperience BV, showcasing remarkable performance in the first...

Textile Exports Drop 12% as US Tariffs Weigh on India

In October 2025, India’s textile and apparel exports continued to show a downward trend, marking the second month of decline following the introduction of...

Used Textiles: SMART Warns Against Hazardous Waste Label

The Secondary Materials and Recycled Textiles Association (SMART) has raised serious concerns regarding the proposed reclassification of used textiles as “hazardous waste.” The organization...

No Evidence of Modern Slavery in Leicester Garment Sector

A report presented to the UK Parliament has concluded that there is no evidence of widespread modern slavery in Leicester's garment industry, contradicting earlier...

Bangladesh Apparel Exports Target Japan Amid EPA Talks

The Japanese apparel market is recognized as one of the largest and most sophisticated worldwide, renowned for its strong emphasis on innovation, distinctive design,...

Second-Hand Marketplace Vinted Plans $8B Share Sale for 2026

Vinted, the leading second-hand clothing platform in Europe, is reportedly preparing for a share sale that could take place in early 2026, potentially valuing...

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