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Frasers Group to acquire Hervis’ Hungary, Romania operations

Sporting goods retailer Hervis Sport, which is owned by SPAR Austria Group, has agreed to sell its Hungary and Romania subsidiaries to Frasers Group (European Holdings), which is part of the UK’s Frasers Group.

Latest news

UK textiles sector at risk of missing 2030 climate targets

WRAP’s latest UK Textiles Pact update warns that while fashion brands are improving material efficiency and circularity, rising production volumes are wiping out climate gains as the sector enters a critical phase for hitting its 2030 goals.

Festive fashion spending falls as Britons opt to rewear

UK consumers are holding back on clothing and partywear purchases this coming Christmas, with more reusing outfits from previous years as cost-conscious shoppers spread spending earlier in the season.

Europe turns Black Friday into longer fashion brand discount period

A study has revealed Europe's Black Friday and Cyber Monday discounts on premium and mass fashion brands started earlier in 2025 compared to 2024 to keep promotions active for longer and clear inventory.

Sri Lanka October apparel exports fall as US, UK demand drops

Sri Lanka’s apparel and made‑up articles exports declined in October 2025, as demand in key markets such as the US and UK softened on a turbulent global macroeconomic backdrop.

Texworld Paris to return with new design, strong sustainability focus

Texworld Apparel Sourcing Paris will come to France on 2–4 February 2026 with a renewed focus on sustainability, traceability and Spring-Summer trends.