07 May 2025
07 May 2025
Kontoor Brands, the parent company of fashion brands Wrangler and Lee, projects an unmitigated effect on its operating income for the full year of 2025, which is estimated at $50m, following the implementation of new tariff regulations.
The UK fashion and textile sector has welcomed a “landmark trade agreement” with India that aims to boost trade between the two nations but it says caution must be exercised to maintain a level playing field.
German online multi-brand fashion destination Zalando has witnessed a strong first quarter 2025 with an uptick in gross merchandise volume (GMV), alongside sustained growth in revenues and enhanced profitability margins.
Apparel and accessories retailer Vince (VNCE) has disclosed stronger-than-anticipated results for the fourth quarter of fiscal year 2024 (Q4 FY24) with a 6.2% rise in net sales to $80.0m.
Protein materials design company Solena has raised $6.7m in seed funding round to innovate sustainable textiles using synthetic biology.
Inventory optimisation and execution platform Onebeat has officially debuted into the US market, supported by a $15m funding round led by Boston-based growth stage investment firm Schooner Capital.
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