Tag: news
News
Innovating Textile Waste Management for a Greener Future
Fabric waste is a pressing issue in the textile industry that can no longer be overlooked. This crisis doesn’t just manifest in landfills; it...
News
India Extends Export Obligation Period for Textile Sector
In response to the 50% tariff imposed by the Trump administration, India is implementing strategies to alleviate the impact on its textile and garment...
Apparel
$3.8 Billion in Small Parcel Imports Sparks UK Tax Review
Approximately $3.8 billion worth of small parcels were shipped from China to the UK last year, benefiting from a controversial import tax exemption, according...
News
Skechers Acquisition: 3G Capital Finalizes $9 Billion Deal
3G Capital is poised to acquire Skechers following the clearance of all necessary regulatory approvals for the takeover. Valued at approximately $9 billion, the...
Apparel
Gap Inc. Reports Flat Q2 Sales Amid US Tariff Concerns
Gap Inc. revealed that its net sales remained flat at $3.73 billion for the second quarter of fiscal year 2025 (Q2 FY25), anticipating a...
Fashion
US Ends De Minimis Exemption: UK Fashion Industry Alert
The UK Fashion and Textile Association (UKFT) has raised alarms about the cessation of de minimis shipments to the U.S., indicating significant repercussions for...
News
US Tariff Threat: Time for India to Seek New Markets
In a few days, U.S. President Donald Trump’s additional 25 percent tariff on Indian goods will come into force, leaving Indian industries concerned about...
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