US import tariffs will harm global apparel market
New US import tariffs will harm the global apparel market, as they put pressure on brand margins and consumer sentiment, warns GlobalData.
04 April 2025
04 April 2025
New US import tariffs will harm the global apparel market, as they put pressure on brand margins and consumer sentiment, warns GlobalData.
Cambodia's fashion industry and worker representatives do not expect continued export growth this year after the US government announced a 49% tariff on all Cambodian goods exports.
Starting 2 May, the exemption allowing duty-free entry for certain low-value imports from China and Hong Kong will no longer be in effect after US President Donald Trump announced the closure of the de minimis benefit.
Adidas has told Just Style it remains focused on its sustainability targets but has tweaked its green marketing claims after a German court ruled in favour of a campaign group alleging the brand of greenwashing.
German sportswear brand Puma has named former Adidas sales head Arthur Hoeld as its new management board chairman and chief executive officer (CEO) to lead company growth.
Recycled pulp producer Circulose has forged a strategic alliance with Chinese manufacturer Tangshan Sanyou Chemical Fiber to advance textile circularity on a global scale.
The Good Cashmere Conference 2025 held in Germany’s Hamburg brought together experts from the global cashmere and textile sectors to discuss sustainable production.
AI-driven SaaS platform Inspectorio has become a Passive Accredited Host for the Social and Labor Convergence Program (SLCP) to strengthen responsible sourcing and supply chain transparency.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.