Tag: news
News
29% Decrease in Q1 Italian textile machinery Orders 2025
During the first quarter of 2025, textile machinery orders reported by ACIMIT (the Association of Italian Textile Machinery Manufacturers) experienced a steep decline, plunging...
Apparel
DICK’S Acquires Foot Locker in $2.5B Strategic Merger
DICK'S Sporting Goods, Inc. (NYSE: DKS), a prominent U.S.-based omni-channel sporting goods retailer, has entered into a definitive merger agreement to acquire Foot Locker,...
Apparel
Lululemon Commits To 50% Renewable Electricity Target For Core Suppliers
VANCOUVER, British Columbia — Lululemon, global performance apparel, footwear, and accessories company, has publicly committed to achieving a 50% renewable electricity target across its core suppliers...
Apparel
Marimekko Plans 2025 Expansion with Focus on Asia Market
Finnish fashion and textiles company Marimekko Group forecasts a rise in net sales for 2025 compared to 2024, with a projected operating profit margin...
Apparel
Retailers Face Challenges in Meeting In-Store Tech Needs
A recent study by RSR, in collaboration with retail technology provider Jumpmind, reveals that fashion, apparel, and specialty stores are at the forefront of...
Apparel
Mytheresa Projects $4.3B in FY25 Sales Following Strong Q3
German digital luxury group LuxExperience has reported the financial results of its legacy Mytheresa standalone business for the third quarter of fiscal 2025 (Q3...
News
US Textiles Need Critical Supply Chain Recognition
American Circular Textiles (ACT) has made a public appeal following a White House briefing led by US Trade Representative Ambassador Greer and Treasury Secretary...
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