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Next reported that the ongoing conflict in the Middle East, which accounts for approximately 6% of its total turnover, could continue to “restrain” growth in that region and affect overall business operations in the near future.
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H&M has recorded an increase in operating profit for the first quarter of fiscal 2025/2026, navigating a "difficult quarter with improving margins and portfolio," according to one apparel analyst.
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A GlobalData report spotlights six rising apparel names gaining traction through distinct positioning and product focus.
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UK clothing and footwear inflation rose for the first time in four months in February, prompting renewed fears that Middle East instability could drive broader price pressures in the months ahead.
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UK-based Epoch Biodesign has secured $12m in new investment from lululemon, KOMPAS VC, Extantia and others, to accelerate the commercialisation of its recycled nylon 6,6 technology.
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