Tag: news

Bangladesh Announces $56M for Jute and Textile Sector

Bangladesh's finance adviser, Salehuddin Ahmed, announced an allocation of TK 4.8 billion (approximately $56 million) for the Ministry of Jute and Textile for the...

Fashion for Good and Arvind Launch Sustainable Initiative

The collaboration between Fashion for Good and Arvind focuses on Tier 2 factories, which play a crucial role in the supply chain, aiming to...

Nike Re-enters Amazon Marketplace Amid Wholesale Challenges

In a significant shift in strategy, Nike has officially announced its return to the Amazon marketplace, marking a notable comeback after previously exiting in...

Sporting goods sector supports EU Single Market and EPR

The European Commission is set to implement a strategy aimed at revitalizing the Single Market, which boasts a GDP of €18 trillion ($20.58 trillion),...

Kontoor Brands Completes Acquisition of Helly Hansen®

GREENSBORO, N.C.-- Kontoor Brands, Inc. (NYSE: KTB) today announced that it has completed the previously announced acquisition of Helly Hansen, the global outdoor and...

Italy’s Fashion Industry Unites Against Labour Exploitation

Italy, a global leader in luxury fashion, has stepped up efforts to address longstanding concerns over labour exploitation within its supply chain. Leading fashion...

Shoe Carnival Reports Q1 FY25 Sales Drop, Expands Strategy

Shoe Carnival, a prominent US footwear retailer, reported a 7.5 per cent drop in net sales, reaching $277.7 million in the first quarter (Q1)...

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