Tag: news

3G Capital Buys Skechers at $63/Share, $9B Annual Sales

Skechers U.S.A., Inc., a renowned Fortune 500 company and one of the leading global footwear brands, has announced its agreement to be acquired by...

Fashion ReModel Drives Circular Fashion Business Innovation

The Ellen MacArthur Foundation unveiled its transformative initiative, “The Fashion ReModel,” during the Global Fashion Summit in Copenhagen, May 2024. This project is designed...

India’s Cotton Yarn Sector Projects 9% Boost in FY26 Revenue

India’s cotton textile industry is more than an economic pillar—it’s the lifeblood of nearly 60 million individuals. From the efforts of over 6.5 million...

US Accused China, India of Unfair Policies in Textile Trade

The United States Trade Representative (USTR) recently launched a scathing critique against China, India, and several other nations for engaging in what it deems...

Dutch Retail Sales Surge in March 2025, Clothing Up 3.8%

In March 2025, Dutch retail sales surge, with clothing sales growing by 3.8% year-over-year, supported by strong consumer demand. Shops specializing in shoes and leather...

US Consumers Slash Footwear Budgets Due to Rising Costs

For the first time in four years, American consumers are signaling plans to scale back spending on athletic footwear, historically one of the most...

Loewe Leads Lyst Index Q1 2025 as Hottest Fashion Brand

According to the Lyst Index for Q1 2025, Spanish luxury brand Loewe has claimed the top spot as the world’s hottest fashion brand. This...

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