Tag: news

H&M Reports Strong Profit Growth Despite Currency Pressures

Swedish clothing retailer H&M Hennes & Mauritz AB has unveiled impressive profitability results for the fiscal year 2025 (FY25), which concluded on November 30....

Concerns Rise About State-run PROs in EU EPR Systems

A coalition of industry associations has raised serious alarms concerning the increasing prevalence of state-run Producer Responsibility Organisations (PROs) within the European Union's Extended...

US, UK, EU Drive 5.43% Growth in Sri Lanka Textile Exports

In December 2025, Sri Lanka’s apparel and textile exports rose by 5.43% year-on-year, totaling $447.21 million. This increase was propelled by higher shipments to...

LVMH Sees Revenue Decline, Focuses on Future Growth

French luxury giant LVMH Moet Hennessy Louis Vuitton announced a revenue total of €80.8 billion (approximately $96.96 billion) for the fiscal year 2025, marking...

Lands’ End Moves to Licensing Model with WHP Global

U.S. clothing brand Lands’ End has reached an agreement to sell a 29.06% stake to WHP Global for $300 million, transitioning to a licensing-oriented...

ANTA Sports Acquires 29.06% Stake in Puma for €1.5bn

ANTA Sports has finalized an agreement to acquire a 29.06% stake in Puma from Groupe Artémis, the investment firm of the Pinault family, in...

UK Textile at a Crossroads After India-EU Free Trade Deal

London — The landmark India–European Union Free Trade Agreement, unveiled on 27 January 2026, is being widely hailed across trade circles as a watershed...

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