05 December 2024
05 December 2024
UK retail conglomerate Frasers Group is anticipating the projected fiscal year 2025 (FY25) adjusted profit before tax to fall due to the recent decline in consumer confidence before and after the UK budget and tough trading conditions.
US president-elect Donald Trump has suggested the BRICS countries which include fashion majors China and India, could be at risk of 100% tariffs if they try to replace the dollar.
The global textile and apparel industry in 2025 will be defined by its ability to navigate a world of rising protectionism, shifting geopolitical alliances, and increasing demands for sustainability, writes Gherzi Textil Organisation partner Robert Antoshak.
New data released by the European Outdoor Group's (EOG) State of Trade (SoT) market research programme shows a mixed performance in the sell-in value and volume across categories during 2023.
US online second-hand fashion company ThredUp has exited the European market with the divestiture of its Remix business, a resale platform it acquired in 2021.
Major stakeholders from various sectors have recently met at the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) complex to deliberate on the prevailing conditions within the country’s garment industry.
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