Category: Fashion News

A manufacturer and supplier of industrial sewing thread and engineered yarns, Champion Thread Company has acquired Southeastern regional thread distributor Carolina Sales Thread. The acquisition promises to provide Carolina...

India’s index of industrial production (IIP) grew by 2.7 per cent YoY in April and by 3 per cent YoY in March, quick official estimates show. It stood at 152 in April against 148 in April 2024. The manufacturing IIP grew by 3.4...

Macy’s has reaffirmed its FY26 net sales forecast of $21–$21.4 billion but lowered its profit outlook. Q1 FY25 net sales fell 5.1 per cent YoY to $4.6 billion, while adjusted EPS reached $0.16. Bloomingdale’s and Bluemercury saw...

Pelsan Tekstil will invest $82.6 million to open its first US facility in Goldsboro, North Carolina, creating 216 jobs. Supported by a JDIG grant, the project is expected to boost the state’s economy by $719.5 million over 12...

The US Court of International Trade yesterday ruled that President Trump lacks the authority to impose, using emergency powers, broad tariffs on imports from nations that sell more to the US than they buy. The court said the US...

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Australia’s CPI rose 2.4 per cent annually to April 2025, unchanged for three months, as per ABS data. Underlying inflation indicators—trimmed mean and CPI excluding volatile items—both rose 2.8 per cent. Housing inflation...

India has raised the Minimum Support Price (MSP) for cotton by up to 11.84 per cent for the 2025–26 season, with medium staple at ₹7,710 and long staple at ₹8,110 per quintal. While aimed at supporting farmers, traders argue the...

Egypt’s SCZONE and China’s Shaoxing BEIQI Textile Co. have signed a $7 million deal to establish a garment facility in West Qantara, creating 3,000 jobs and producing 10 million garments annually. This marks the 21st project in...