Tag: news

Under Armour Q3 Loss Widens as Tariffs Hit Revenue

Under Armour delivered weaker third-quarter results as slowing consumer demand and rising trade-related costs continued to weigh on its business. The company reported a...

Ralph Lauren Boosts FY26 Revenue Forecast After Q3 Success

Ralph Lauren has revised its outlook for fiscal 2026 (FY26), anticipating increased revenues and improved operating margins after experiencing what it calls “strong, high-quality...

Textile and Apparel Sector Watch Mercosur-EU Deal Progress

Industry associations representing textile and apparel firms in Argentina, Brazil, and Europe are closely tracking the implementation of the Mercosur-EU Partnership Agreement, which was...

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...

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