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EU backs plan for watered down corporate sustainability reporting rules

Members of the European Parliament (MEPs) have approved a revision to the EU’s corporate sustainability reporting and due diligence requirements.

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Is the fashion sector ready for ESG legislation?

In Europe some ESG legislation has already arrived while other pieces are incoming so fashion sector experts discuss how to prepare and why it's important to stay ahead of the curve.

Consumers cling to value mindset as spending slowdown hits fashion

A GlobalData retail expert says the cost-of-living crisis has permanently reshaped consumer psychology, with value for money now the top priority for shoppers worldwide.

US apparel sector welcomes steps to boost El Salvador, Guatemala trade

The American Apparel & Footwear Association (AAFA) and National Council of Textile Organizations have welcomed the frameworks for reciprocal trade agreements with El Salvador and Guatemala, which incorporate features vital to the US textile, apparel, and footwear industries.

Geox trims outlook as 9M 2025 sales dip on market volatility

Italian footwear brand Geox Group has slashed its sales outlook for fiscal 2025 (FY25) as the first nine months (9M) saw a drop in sales year over year on a like-for-like basis.

Mango joins Lectra’s TextileGenesis to boost fibre traceability

Spanish fashion retailer Mango has joined Lectra's traceability solution TextileGenesis to enable a reliable, secure and fully digital mapping of its fashion supply chain.

Loop signs multi-year agreement with Nike for recycled polyester resin

Clean technology company Loop Industries and athletic footwear and apparel major Nike have partnered to advance the use of recycled content across the latter’s product lines.

Bangladesh explores ways to boost cotton, fashion supply chain

HSBC recently held an event in Bangladesh with cotton suppliers, global fashion buyers and Bangladesh fashion manufacturers on strengthening the country's cotton and fashion supply chain.