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UK consumer spend shifts to essentials as confidence hits record lows

UK consumer confidence remains at record lows as “volatility” and rising living costs continue to squeeze household finances.

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Asos makes “steady progress” on topline in H1 as losses narrow

Asos has maintained its guidance for fiscal 2026 (FY26) after demonstrating “steady progress” on its topline in the first half (H1) despite Middle East conflict-related disruptions.

Pakistan textile exports could drop 20% if Middle East conflict persists

Pakistan’s export-focused clothing industry is facing serious challenges amid the ongoing Middle East conflict, with exporters fearing a significant decline in the value-added sales during the current financial year 2025-26 if tensions continue to escalate. 

Bangladesh, EU strike deal on trade, investment, sustainable development

Bangladesh has become the first South Asian country to conclude a modern Partnership and Cooperation Agreement (PCA) with the EU, signalling its growing strategic importance in the Indo-Pacific region.

Levi backs three-year regenerative push in Pakistan cotton region

Levi Strauss & Co. (LS&Co.) is backing a new regenerative farming project based in a major cotton-growing region of Pakistan as part of its 2030 water strategy.

Epoch Biodesign plans nylon 6,6 biorecycling plant in London

Epoch Biodesign reveals plans to open a biorecycling demonstration plant for nylon 6,6 at Grapht Works, Imperial College London’s new manufacturing facility in North Acton.

Lululemon appoints former Nike executive as next CEO

Lululemon Athletica’s board of directors has appointed former Nike executive Heidi O’Neill as the retailer’s next chief executive officer (CEO), with her start date set for 8 September 2026.