Tag: news
News
H&M Foundation Innovation Challenge: Decarbonize Fashion
The H&M Foundation, a nonprofit organization, is actively inviting changemakers with innovative early-stage solutions to participate in its 2026 innovation challenge focused on decarbonizing...
Apparel
Nike Rises to Top Apparel Brand Globally with 94.7 BSI Score
Nike has solidified its position as the leading apparel brand worldwide, achieving a Brand Strength Index (BSI) score of 94.7 out of 100, according...
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...
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