Skip to site menu Skip to page content
Logo Image
In Brief
Spotlight

IAF says strengthening supply chains is an ‘economic necessity’ amid Iran crisis

The International Apparel Federation (IAF) has shared a statement on the current crisis affecting global apparel supply chains, calling for resilience, fairness and sustainability.

Latest news

How apparel supply chains can navigate ongoing Iran conflict

As conflict in the Middle East continues, a new report from the British Standards Institution (BSI) says the apparel sector faces two possible scenarios – and suggests how they can navigate the volatile situation.

H&M-backed Sellpy probed on where secondhand clothes end up

An investigation into secondhand platform Sellpy’s operations has raised questions over where secondhand garments end up, with majority owner H&M Group saying it “firmly believe[s] clothes should never end up in nature” while acknowledging its role in contributing to the problem.

Rubi raises $7.5m in new funding to scale CO2 materials platform

Chemical manufacturing company Rubi has raised $7.5m in a new funding round aimed at advancing its carbon-to-materials technology towards industrial demonstration.

Lycra enters restructuring agreement to reduce $1.2bn debt

Sustainable fibre maker The Lycra Company has reached a restructuring support agreement (RSA) with the vast majority of its creditors, to reduce approximately $1.2bn in long-term debt.

Lululemon outperforms FY25 guidance amid boardroom critiques

Lululemon Athletica has surpassed its revenue and earnings targets for fiscal 2025 (FY25), amid calls from its founder for immediate reforms within the company.

Zara ‘elevates brand’ with two-year John Galliano collaboration

As Inditex’s Zara announces a new partnership with high-end designer John Galliano, intelligence platform GlobalData says the brand is further elevating its image and fashion credentials.