Tag: news

Euro Gains Provide Advantage for Turkish Textile Sector

The recent rise in the value of the euro has opened up new opportunities for Türkiye’s textile industry, alleviating some of the pressures from...

IAF Warns US Tariffs Damage Global Apparel Supply Chains

The International Apparel Federation (IAF) represents the apparel manufacturing sector across over 40 countries, encompassing a vast global industry with hundreds of thousands of...

US clothing spending drops 3.9% in early 2025: Earnest

According to Earnest, consumer spending at clothing and accessories stores in the United States experienced a year-over-year (YoY) decline of 3.9% from January 1...

India Develops Specialized Firefighting Suit Initiative

The National Technical Textile Mission (NTTM) has endorsed an innovative initiative titled "Development of Specialized Firefighting Suit." This project, spearheaded by the Ministry of...

Jean Paul Gaultier Names Duran Lantink as Creative Director

PARIS — Jean Paul Gaultier has appointed Duran Lantink as its new creative director, a decision confirmed by the Puig-owned brand on Tuesday. This appointment...

LVMH Q1 Reports Revenue Decline Amidst Regional Challenges

The French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has reported a revenue of €20.3 billion (~$21.75 billion), reflecting a 3% organic decline year-over-year...

77% of Adults in UK Plan to Drop Fashion Spending in 2025

A substantial number of residents in the UK are planning to cut back on their spending for fashion items like clothing and footwear in...

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