Tag: news

M&S Online Sales Restart, Cyberattack Costs £300 Million

LONDON, June 10 - British retailer Marks & Spencer (MKS.L) resumed online orders for its clothing lines on Tuesday after a 46-day suspension due...

European Clothing Imports Climb 14% to €10 Billion in 2025

European textile and clothing imports experienced a notable increase, with a 14% rise recorded in January 2025 compared to the same month the previous...

Guess? Projects $10M Tariff Impact as Q1 Loss Hits $32.9M

Guess? faced a challenging first quarter, reporting a net unrealized loss of $4.3 million, a significant downturn from last year's unrealized gain of $38.5...

Matalan Invests £25M in Growth: New Stores & Upgrades in UK

UK-based fashion and homeware retailer Matalan has dedicated over £25 million ($33 million) to improve its stores across the UK, in line with its...

UK Fashion Manufacturers Report 171% Surge in Q1 Sales

New insights from the Manufacturing Health Index released by Unleashed reveal that this growth occurred even as small-medium enterprise (SME) business confidence hits a...

HKRITA & Epson Create Silk-Like Fiber from Cotton

The Hong Kong Research Institute of Textiles and Apparel (HKRITA) and Seiko Epson Corporation have made significant strides in developing a new regenerated cellulose...

India’s Jute Production Declines Despite MSP Increases

India has raised the minimum support price (MSP) for jute by over 26% in the last five years; however, this increase has not resulted...

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