Tag: news
Apparel
Torrid to Shut Down 180 Stores This Year in US Market
In a strategic move to reduce fixed costs and reinvest in future growth, Torrid, a retailer specializing in plus-size clothing, has announced plans to...
News
Merino Wool Prices Decline Amid Low Supply and Strong AUD
Merino wool prices dipped at Australian auctions this week, as extremely low supply volumes were insufficient to uphold current price levels. Additionally, a stronger...
Apparel
Samsara Eco & Lululemon Partners for Sustainable Materials
Samsara Eco has signed a long-term contract with Lululemon, positioning its materials to account for approximately 20% of the athletic apparel company's total fiber...
News
ICE Cotton Futures Lower as US Inventory Forecast Drops
ICE cotton futures ended lower on Thursday, although losses were mitigated following the USDA's forecast of decreased US cotton production, reduced inventories, and a...
News
Weekly Cotton Report: US Upland Sales Down 45%, Pima Falls
For the 2024–25 season, net sales of Upland cotton in the United States reached 60,200 running bales (RB), each weighing 226.8 kg (500 pounds),...
News
UK Manufacturing Output Drops in April, Textiles Boost Q1
In April 2025, the UK's industrial output experienced a decline of 0.6%, following a 0.7% drop in March. This downturn, primarily attributed to decreases...
Apparel
UK Fashion Manufacturers See 68% Revenue Growth in Q1 FY25
The average small to medium UK fashion manufacturer experienced a 68 percent increase in sales revenue during the first quarter (Q1) of fiscal 2025...
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