Tag: news
News
ICE Cotton Futures Lower as US Inventory Forecast Drops
ICE cotton futures ended lower on Thursday, although losses were mitigated following the USDA's forecast of decreased US cotton production, reduced inventories, and a...
News
Weekly Cotton Report: US Upland Sales Down 45%, Pima Falls
For the 2024–25 season, net sales of Upland cotton in the United States reached 60,200 running bales (RB), each weighing 226.8 kg (500 pounds),...
News
UK Manufacturing Output Drops in April, Textiles Boost Q1
In April 2025, the UK's industrial output experienced a decline of 0.6%, following a 0.7% drop in March. This downturn, primarily attributed to decreases...
Apparel
UK Fashion Manufacturers See 68% Revenue Growth in Q1 FY25
The average small to medium UK fashion manufacturer experienced a 68 percent increase in sales revenue during the first quarter (Q1) of fiscal 2025...
Apparel
Peter Kern Acquires Struggling La Perla Lingerie Brand
Peter Kern, the former CEO of the U.S. travel technology firm Expedia, has been named the new owner of the struggling Italian luxury lingerie...
Fashion
Stitch Fix’s Q3 FY25: Revenue Goes Up, Client Base Declines
Stitch Fix, Inc., the leading online personal styling service in the US, announced a return to year-over-year revenue growth for the third quarter (Q3)...
News
Turkish Textile Sector Faces Bankruptcy and Job Loss
The Turkish textile and apparel sector is facing significant turmoil, with continuous reports of bankruptcies and concordat agreements. Despite a rich textile heritage that...
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