Tag: news

Frasers Group Acquires Majority Stake in Maxi Sport

Frasers Group has successfully secured a majority stake in Maxi Sport, an established multisport retailer operating in Italy. The financial details of this acquisition...

Columbia Sportswear Surpasses Q4 Sales Expectations

Columbia Sportswear has reported that its sales and profitability for the fourth quarter have exceeded previous projections, even in the face of ongoing challenges...

Prada Cuts 200 Suppliers Over Compliance Violations

Prada has reportedly dismissed 200 suppliers due to compliance violations over the past five years while conducting a rigorous “zero tolerance” audit in response...

Business Groups Urge Suspension of LkSG in Germany

German business associations are urging the Bundestag and the Federal Government to suspend the Supply Chain Due Diligence Act (LkSG) following the initial reading...

Q3 FY26: Deckers Brands Net Sales Surge to $1.95 Billion

Deckers Brands, a renowned player in the apparel and footwear sector, has announced a 7.1% increase in net sales for the third quarter of...

US Textile Industry Welcomes New Trade Pact with El Salvador

Washington, D.C. — January 29, 2026 — The National Council of Textile Organizations (NCTO), which represents a wide array of U.S. textile manufacturers—from fiber...

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...

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