Tag: news

Frasers Group Acquires The Webster to Boost US Luxury Market

Frasers Group has taken a significant step by acquiring a majority stake in Miami-based luxury retailer The Webster, an initiative aimed at broadening its...

Better Cotton Initiative Introduces Traceability Label

On the occasion of World Cotton Day, the Better Cotton Initiative (BCI) has introduced a new product label aimed at enhancing transparency regarding the...

Tod’s Faces Judicial Oversight Over Labor Practices

The Milan Public Prosecutor’s Office has reportedly sought to place the Italian shoemaker Tod’s under judicial administration due to allegations of worker exploitation in...

Tariff Increases Prompt Drop in US Imports to Two-Year Low

According to the latest Global Port Tracker report from the National Retail Federation (NRF) and Hackett Associates, monthly U.S. import volumes are projected to...

eBay Joins Global Fashion Agenda for Sustainability

E-commerce giant eBay has officially partnered with the Global Fashion Agenda (GFA) as a strategic ally, initiating a collaboration aimed at accelerating the fashion...

CEMATEX Advocates for EU Textile Machinery Interests

CEMATEX, the European Committee of Textile Machinery Manufacturers, has officially joined the EU Transparency Register, aiming to enhance its engagement with European Union (EU)...

ADB Partners with Envoy for Sustainable Denim Expansion

Envoy Textiles, a manufacturer specializing in fashion denim, has secured a $30 million sustainability-linked loan from the Asian Development Bank (ADB) to enhance its...

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