Tag: news

H&M Partners for Electric Thermal Tech in Vietnam

Vietnam's textile and apparel industry is set to make a significant shift towards electric thermal technology later this year with the installation of the...

Swisscontact & BGMEA Unite for Sustainable RMG Growth

Swisscontact and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have officially established a strategic partnership aimed at fostering sustainable and inclusive growth within...

Torrid to Shut Down 180 Stores This Year in US Market

In a strategic move to reduce fixed costs and reinvest in future growth, Torrid, a retailer specializing in plus-size clothing, has announced plans to...

Merino Wool Prices Decline Amid Low Supply and Strong AUD

Merino wool prices dipped at Australian auctions this week, as extremely low supply volumes were insufficient to uphold current price levels. Additionally, a stronger...

Samsara Eco & Lululemon Partners for Sustainable Materials

Samsara Eco has signed a long-term contract with Lululemon, positioning its materials to account for approximately 20% of the athletic apparel company's total fiber...

ICE Cotton Futures Lower as US Inventory Forecast Drops

ICE cotton futures ended lower on Thursday, although losses were mitigated following the USDA's forecast of decreased US cotton production, reduced inventories, and a...

Weekly Cotton Report: US Upland Sales Down 45%, Pima Falls

For the 2024–25 season, net sales of Upland cotton in the United States reached 60,200 running bales (RB), each weighing 226.8 kg (500 pounds),...

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