Tag: news

Australian Fashion Week Ends Use of Fur and Exotic Skins

The Australian Fashion Council has introduced a groundbreaking policy banning the use of fur, wild-animal skins, and feathers at Australian Fashion Week (AFW). Effective...

Australian Wool Prices Steady Amid Renewed Chinese Demand

Australian wool auctions saw price declines mostly stabilize this week, supported by renewed interest from China’s two largest Merino top manufacturers. These buyers accounted...

Bangladesh Garment Industry Sets Global Standards: Report

Twelve years after the Rana Plaza tragedy, Bangladesh's garment sector has undergone a remarkable transformation. A new report from the Center for Media and...

Walmart Q1 FY26: Record $165.6B Revenue, 22% E-commerce Rise

Walmart, the American retail giant, has unveiled its financial results for the first quarter of fiscal year 2026 (FY26), showcasing a 2.5% year-over-year (YoY)...

De Minimis Policy to End Globally Under New US Bill

The US National Council of Textile Organizations (NCTO) has voiced strong support for a newly proposed US measure that seeks to eliminate the de...

Former H&M CEO: Bring Sustainability Back to Business Core

Former H&M CEO and current chair of Circulose, Helena Helmersson, recently addressed retail industry leaders at the World Retail Congress, calling for sustainability to...

American Eagle Q1 Results: Revenue Drops, Strategy Shifts

In its preliminary first-quarter report, American Eagle Outfitters (AEO) described its results as “disappointing,” prompting the company to reassess its strategies for the months...

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