Tag: news

EU Deforestation Law Fashion Grace Period: EUDR 2025 Update

Fashion sector has six-month ‘grace period’ for EU deforestation law The European Commission has announced the EU deforestation law for large and medium companies should...

Turkish Apparel Exports Target UK Market Expansion

At a recent gathering in London to promote the Istanbul Fashion Connection trade show set for February 2026, Mustafa Paşahan, Vice President of the...

US Retail Returns Expected to Hit $849.9 Billion in 2025

Retailers in the United States are estimating that 15.8% of their total annual sales will be returned this year, amounting to approximately $849.9 billion,...

Euratex Urges ECHA for Technical Textiles Evaluation

Euratex, the representative organization for Europe’s textile and clothing industry, is calling for the European Chemicals Agency (ECHA) to undertake a specific evaluation of...

Closed-Loop Recycling: 24 Tonnes Produced 50k Garments

A pioneering closed loop recycling initiative has successfully transformed 24 tons of post-consumer textiles into around 50,000 garments for the Dutch retailer Zeeman, marking...

LVMH Reports $67.4 Billion Revenue Amid Market Challenges

LVMH Moet Hennessy Louis Vuitton, the renowned French luxury brand, reported a revenue of €58.1 billion (approximately $67.4 billion) for the first nine months...

US Apparel Sourcing Decline Signals Change in Textile Trade

QIMA's latest sourcing data indicates a notable decline in U.S. overseas procurement, beginning in August 2025. After reaching a peak of 22% year-on-year (YoY)...

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