REPORT_ For the first half of the year Next sales were 2.2 percent ahead of last year. Pre-tax earnings per share were up 14 percent. Retail sales were down 0.9 percent on last year. New space added 2.7 percent to retail sales. Retail operating margins improved by 0.2 percent...Read More
In a significant move Swedish fashion giant H&M has recently moved away from recycled polyester derived from plastic bottles and... Read more
China's economic performance in the first quarter of 2024 surprised many exceeding expectations with a 5.3 per cent GDP growth.... Read more
The US International Trade Commission (USITC) is considering raising tariffs on apparel imports from Bangladesh, India, Indonesia, Cambodia, and Pakistan.... Read more
The Fabrics, Accessories & Beyond Show 2024 (FAB Show 2024), organized by the Clothing Manufacturers Association of India (CMAI), concluded... Read more
American consumers are opening their wallets again, with retail sales experiencing a modest uptick in recent months. According to the... Read more
The story of Shein's soaring profits in 2023 presents a fascinating paradox. While a growing number of consumers, particularly millennials... Read more
The recent Calvin Klein campaign featuring Jeremy Allen White in his skivvies has set the fashion world abuzz. But can... Read more
The already fragile global garment industry faces fresh challenges as tensions escalate between Iran and Israel. This adds another layer... Read more
The fashion industry is notorious for waste. Unsold garments and excess fabric often end up in landfills. Fabric stock services... Read more
The 4th edition of the Fabrics Accessories & Beyond Show 2024 (FAB Show), hosted by the Clothing Manufacturers Association of... Read more
