20 February 2025
20 February 2025
Gainline Capital Partners-backed global footwear company Galaxy Universal has partnered with Authentic Brands Group to expand its global footprint with the acquisition of Reebok’s global product creation, sourcing, and US footwear licence.
Seven of the top ten largest fashion exporters to the US in 2024 were based in Asia thanks to the region's overall export competitiveness.
Fashion companies must collaborate with carefully chosen suppliers and leverage digital tools for better collaboration and transparency to succeed in future, writes Helene Behrenfeldt, senior industry strategy director for fashion at Infor.
UK online retailer The Very Group reported a 4.5% drop in total Q2 FY25 revenue to £1.17bn ($1.48bn), however an industry expert says it maintained profitability with robust cost control despite category challenges.
The European Council and European Parliament reached a provisional agreement on the targeted revision of the waste framework directive.
Social & Labor Convergence Program, amfori, Cascale, Ethical Trading Initiative (ETI) have joined a coalition of 11 organisations to call for legal certainty and practical implementation of the European Union (EU) sustainability due diligence framework.
UK fast fashion retailer Quiz Group has collapsed into administration.
Kontoor Brands, owner of denim giants Wrangler and Lee, is expanding its portfolio with the addition of global outdoor and workwear brand, Helly Hansen.
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