Shoe Zone halves profit forecast on challenging trade conditions
The company attributes this to a dip in consumer spending and atypical weather patterns that have adversely affected sales and…
All articles by Upasana Mukherjee
Upasana Mukherjee
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Nike bosses assure progress in reshaping business as Q2 earnings sink
Nike's Q2 basic earnings per common share were $0.78, a decrease from $1.04 year-on-year, while diluted earnings per common share…
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H&M invests $6.78m in Swedish firm Voyado, buys minority stake
The stake purchase follows H&M Group Ventures’, the venture capital division of the global retail giant, Skr75m ($6.78m) investment in…
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AATCC, TAI partner to advance global textile education, standards in India
This agreement aims to facilitate communication and cooperation between the two entities, streamline efforts, and expand knowledge regarding standard development…
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UK retail job losses mount as automation and outsourcing rise
This period typically marks the annual low in employment figures, which generally rebound in anticipation of the holiday season. Comparing…
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Kingpins Hong Kong pop-up focuses on denim innovation and workwear
A recent Kingpins Hong Kong pop-up featured 24 participants, including denim mills, fibre companies, garment producers, chemical firms, and textile equipment…
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Loop expands sustainable plastics technology in Europe and India
The convertible preferred security agreement includes a 13% payment-in-kind (PIK) dividend rate, a five-year duration and the option to convert…
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Report raises human rights concerns for German firms sourcing Uzbek cotton
German enterprises are said to be increasingly considering Uzbekistan as a potential market, encouraged by the Federal Ministry for Economic…
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AAFA urges Congress to approve bill for Haiti HOPE/HELP extension
US lawmakers reached a bipartisan deal on 17 December, just days ahead of Friday’s deadline to avert a government shutdown…
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Thermore launches campaign to encourage conscious purchasing
Conceived by creative agency Innocean Italy, the campaign emphasises the functionality and adaptability of Thermore's synthetic insulation while underscoring its…