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

Next rescues maternity brand Seraphine in £0.6m deal

British clothing company Next has entered into agreement to buy certain assets including the brand and intellectual property of maternity wear company Seraphine for £0.6m.

Latest news

Impact of US-Vietnam tariffs on China’s fashion, textile investors

Vietnam's in principle agreement with the US on tariffs could pose a problem for investors from China that were mainly focused on re-exporting fashion and textile goods to the US.

Indonesia eyes fashion, textile export stability on smaller US tariff hike

Indonesia’s textile and fashion industry hopes to maintain exports to the US following a bilateral trade deal that cut planned US import tariffs from 32% to 19%.  

Next ups annual profit forecast amid strong Q2 2025/26 sales

UK clothing retailer Next has revised its profit guidance upward following a robust performance in the second quarter of fiscal 2025/26 with an analyst noting it has successfully stolen shoppers from its rival Marks & Spencer (M&S).

VF Corp warns of up to $120m tariff impact as Q1 sales fail to sparkle

VF Corporation, the parent company of The North Face, Vans and other brands, has reported a flat sales of $1.8bn year-on-year in the first quarter of fiscal 2026 (Q1 FY26).

India apparel sector to be hit by steep 25% tariffs from US

US President Donald Trump has announced the US will place 25% tariffs on goods, including apparel from India.

US cotton, textile sectors welcome de minimis loophole closure

US President Donald Trump has issued an executive order that will eliminate the duty-free exemption treatment, known as the "de minimis" threshold, for imports valued at less than $800, effective 29 August 2025.