Tag: news

Lycra Reaches Creditor Deal to Reduce $1.2bn Debt Load

The Lycra Company has taken a major step to overhaul its balance sheet, announcing a restructuring support agreement with most of its creditors that...

Polygiene Launches OdorCrunch2.0: Next- Generation Odor Capture Technology for Modern Textiles

Polygiene has rolled out a new iteration of its odor-control platform, positioning it as a next-step solution for brands looking to keep garments fresher...

New Balance Expands Reconsidered Resale to Pre Owned Apparel

New Balance is broadening the ambition of its resale initiative, extending Reconsidered beyond footwear to include pre-owned clothing as the brand looks to keep...

Dicks FY2025 Sales Jump 28% to $17.22bn on Foot Locker Deal

Dick’s Sporting Goods ended fiscal 2025 with a sharp step-up in revenue as Foot Locker’s results were folded into the group, while earnings moved...

Global Cotton Production to Fall as China Demand Softens

A softer demand outlook led by weaker buying from China is expected to weigh on cotton output next season, pushing global supply closer to...

UK Shoppers Embrace Cost Per Wear Fashion as Budgets Tighten

UK consumers are rethinking how they buy clothes, shifting away from quick, trend-led purchases and toward pieces that justify their price over time. New...

India Textile Recycling Market Seen at $3.5bn by 2030

India could build a multi‑billion‑dollar recycling economy around discarded textiles by the end of the decade, according to a new government-backed assessment that maps...

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