Tag: news

UK Shoppers Shift Back to In-Store Shopping Experiences

Nearly half of UK shoppers (45 per cent) now prefer in-store shopping, compared to 30 per cent who favour online purchases, according to new...

Under Armour Revenue Decline Amid FY26 Projections & Reset

Under Armour, the American sportswear brand, projects a 4-5% year-over-year (YoY) revenue decline for fiscal 2026 (FY26). The forecast includes a 4-5% drop in...

NRF: Tariffs Impact Global Apparel and Trade Volumes Decline

In March 2025, U.S. ports monitored by the Global Port Tracker processed 2.15 million Twenty-Foot Equivalent Units (TEU), marking a 5.5% rise from February...

Global Cotton Market Steady Despite Currency Fluctuations

Global cotton prices exhibited minimal fluctuations over the past month, remaining relatively stable across key markets, according to Cotton Incorporated. The near-term July NY/ICE futures...

US’ FIT 2025 Future of Fashion Show Highlights Innovation

The Fashion Institute of Technology (FIT) celebrated the remarkable creativity of its students at the annual Future of Fashion runway show, presented by Macy's,...

Davide Maccabruni Leads Swiss Textile Machinery Association

Davide Maccabruni, the Chief Executive Officer of Uster Technologies AG, has been appointed as the new president of the Swiss Textile Machinery Association (Swissmem)....

US Cuts De Minimis Tariff on Chinese Goods to 54% From 120%

The US government has announced a significant reduction in the de minimis tariff rate on low-value Chinese imports. Effective May 14, the tariff on...

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