Tag: news

Q3 FY26: Deckers Brands Net Sales Surge to $1.95 Billion

Deckers Brands, a renowned player in the apparel and footwear sector, has announced a 7.1% increase in net sales for the third quarter of...

US Textile Industry Welcomes New Trade Pact with El Salvador

Washington, D.C. — January 29, 2026 — The National Council of Textile Organizations (NCTO), which represents a wide array of U.S. textile manufacturers—from fiber...

Levi Strauss Celebrates Strong Growth: $502M in Net Income

For the fiscal year ending November 30, Levi Strauss reported an impressive net income of $502 million, up dramatically from $210 million the previous...

Gordon Brothers Acquires UK’s LK Bennett Brand Assets

Gordon Brothers, renowned global asset experts, has made a significant move by acquiring the LK Bennett brand and its associated intellectual property from the...

H&M Reports Strong Profit Growth Despite Currency Pressures

Swedish clothing retailer H&M Hennes & Mauritz AB has unveiled impressive profitability results for the fiscal year 2025 (FY25), which concluded on November 30....

Concerns Rise About State-run PROs in EU EPR Systems

A coalition of industry associations has raised serious alarms concerning the increasing prevalence of state-run Producer Responsibility Organisations (PROs) within the European Union's Extended...

US, UK, EU Drive 5.43% Growth in Sri Lanka Textile Exports

In December 2025, Sri Lanka’s apparel and textile exports rose by 5.43% year-on-year, totaling $447.21 million. This increase was propelled by higher shipments to...

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