Tag: news
News
UK Manufacturing Output Drops in April, Textiles Boost Q1
In April 2025, the UK's industrial output experienced a decline of 0.6%, following a 0.7% drop in March. This downturn, primarily attributed to decreases...
Apparel
UK Fashion Manufacturers See 68% Revenue Growth in Q1 FY25
The average small to medium UK fashion manufacturer experienced a 68 percent increase in sales revenue during the first quarter (Q1) of fiscal 2025...
Apparel
Peter Kern Acquires Struggling La Perla Lingerie Brand
Peter Kern, the former CEO of the U.S. travel technology firm Expedia, has been named the new owner of the struggling Italian luxury lingerie...
Fashion
Stitch Fix’s Q3 FY25: Revenue Goes Up, Client Base Declines
Stitch Fix, Inc., the leading online personal styling service in the US, announced a return to year-over-year revenue growth for the third quarter (Q3)...
News
Turkish Textile Sector Faces Bankruptcy and Job Loss
The Turkish textile and apparel sector is facing significant turmoil, with continuous reports of bankruptcies and concordat agreements. Despite a rich textile heritage that...
Apparel
New French Law Targets Fast Fashion’s Environmental Impact
The French Senate, the upper chamber of parliament, has recently endorsed a revised version of legislation governing fast fashion. Originally passed by the lower...
News
Vietnam & Sweden’s Syre Group Signs MoU for Fabric Recycling
Binh Dinh province in Vietnam recently entered into a memorandum of understanding (MoU) with Sweden's Syre Group to collaborate on a polyester fabric recycling...
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