Tag: news

Stitch Fix’s Q3 FY25: Revenue Goes Up, Client Base Declines

Stitch Fix, Inc., the leading online personal styling service in the US, announced a return to year-over-year revenue growth for the third quarter (Q3)...

Turkish Textile Sector Faces Bankruptcy and Job Loss

The Turkish textile and apparel sector is facing significant turmoil, with continuous reports of bankruptcies and concordat agreements. Despite a rich textile heritage that...

New French Law Targets Fast Fashion’s Environmental Impact

The French Senate, the upper chamber of parliament, has recently endorsed a revised version of legislation governing fast fashion. Originally passed by the lower...

Vietnam & Sweden’s Syre Group Signs MoU for Fabric Recycling

Binh Dinh province in Vietnam recently entered into a memorandum of understanding (MoU) with Sweden's Syre Group to collaborate on a polyester fabric recycling...

French Lawmakers Back Bill Addressing Fast Fashion’s Impact

The French Senate has approved a legislative proposal on its first reading aimed at reducing the environmental impact of the fast fashion industry. This legislation...

ILO Addresses Human Rights in Myanmar Fashion Supply Chain

At the 113th session of the International Labour Conference (ILC) held in Geneva on June 5, the International Labour Organization (ILO) adopted a resolution...

Zara Owner Inditex Posts Lower Sales, Stocks Drop 4.4%

Zara's parent company, Inditex, reported on Wednesday that its quarterly sales were weaker than anticipated, indicating a slower start to the summer season compared...

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