Denmark’s Bestseller leads $20 mn funding for robotics innovator
American company Softwear Automation, specialised in automated garment production, secures USD 20 million in a funding round led by the…
Category: Fashion
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Canada’s Gildan Activewear to acquire HanesBrands in $4.4 bn deal
Canada’s Gildan Activewear Inc has agreed to acquire HanesBrands Inc in a transaction valuing the US-based clothing maker at approximately…
India’s Dollar Ltd Q1 FY26 profit soars 39% on strong volume growth
Indian garment and hosiery company Dollar Industries Limited has reported a robust performance for the first quarter (Q1) of fiscal…
BEPZA, Chinese firm ink $40 mn deal to set up intimate apparel unit
Bangladesh Export Processing Zones Authority (BEPZA) and Kaixi Garments Bangladesh Ltd, a subsidiary of the Chinese investor Kaixi Group, have…
Bangladesh's RMG exports surge 24.6% to $3.9 bn in July 2025
Bangladesh’s ready-made garment exports rose 24.67 per cent year-on-year to $3.962 billion in July 2025, driven by strong growth in…
US apparel imports show sharp swings after tariff hikes in April
In the US, average retail apparel prices in June rose slightly by 0.4 per cent month-on-month (MoM), following declines of…
US’ Allbirds reports $39.7 mn Q2 revenue; gross margin falls to 40.7%
US-based footwear and apparel company Allbirds, Inc has reported a net revenue of $39.7 million in the second quarter (Q2)…
As Trump’s tariffs take effect countries asses shifting trade dynamics
Many believe the Trump administration’s implementation of reciprocal tariffs has evolved into a tool with broad geopolitical significance. It is…
US’ Aramark posts record Q3 revenue of $4.6 bn, EPS up 24%
American food service, facilities management, and uniform services provider Aramark has reported a record consolidated revenue of $4.6 billion in…
US’ Skechers Q2 2025 sales hit $2.44 bn despite margin pressure
American footwear company Skechers Inc has reported record second-quarter (Q2) 2025 sales of $2.44 billion, up 13.1 per cent year-over-year…