Tag: news
Apparel
Revenue Drop for Under Armour Due to New US Tariffs
Under Armour has anticipated a revenue decrease of 6% to 7% for the second quarter of fiscal year 2026, citing changing trade policies and...
News
Indian Textile Industry Faces Crisis with New US Tariffs
The Indian textile sector is facing a crisis as the administration of U.S. President Donald Trump has instituted an additional 25 percent tariff on...
News
Geneva Hosts Talks for UN Global Plastics Treaty
Leaders from around the globe, along with industry executives and engaged citizens, have gathered in Geneva for ongoing discussions regarding a Global Plastics Treaty....
Apparel
Kontoor Brands Announces Positive Q2 Financial Results
Kontoor Brands, the parent company of well-known labels such as Wrangler and Lee, recently announced a 5% rise in net profit for the first...
News
2025 SPESA Conference: Innovations in Textile Industry
The upcoming 2025 SPESA Executive Conference is set to gather key players from across the sewn products supply chain, focusing on themes of resilience,...
Apparel
Cascale Scorecard Calls for Action on Apparel Purchasing
Cascale has unveiled the Better Buying 2025 Garment Industry Scorecard, a benchmarking tool designed to assess annual advancements in purchasing practices among brands and...
Apparel
US Imposes 50% Tariff on Indian Textiles and Apparel
The United States has doubled down on its trade strategy, imposing a staggering 50% tariff on Indian imports, with textiles and apparel at the...
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