Crocs withdraws 2025 outlook on trade uncertainty after flat Q1
This decision comes despite the company reporting “better-than-expected” first quarter (Q1) performance for fiscal year 2025 (FY25), driven by outperformance…
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jangoulun singsit
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Mothercare FY25 sales slide 18% on tough Middle East market
In the pre-close trading update for FY25 Mothercare also identified that some impact from the UK market contributed to the…
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WRAP rebrands Textiles 2030 agreement to UK Textiles Pact
WRAP's UK Textiles Pact rebrand follows the establishment of Textiles 2030 in April 2021, which itself was a successor to…
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Tariff price hike fears triggered US clothing sales spike in April
The US clothing and accessories category also saw a significant 5.14% rise in April compared to the same period last…
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Hugo Boss launches NovaPoly recycled yarn to cut microplastic waste
Hugo Boss says the NovaPoly material incorporates a natural additive that enables the fibres to degrade similarly to how they…
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Next raises outlook as Q1 sales benefit from warm weather, M&S challenges
Next had previously forecast a 6.5% rise in sales for Q1 but appears to have benefited from the warm weather…
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Puma sales dip in Q1 as ‘shoppers shift to players with more desirability’
Puma's sales reached €2.08bn ($2.35bn) in Q1, marking a slight increase of 0.1% on a currency-adjusted (ca) basis, though experiencing…
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ThredUp drops resale fees, unveils tools to grow secondhand sales
ThredUp is dropping fees associated with branded resale and rolling out an array of improved services for its partners. This…
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Circle-8 advances textile recycling with NewRetex single line sorter
The acquisition is intended to transform the circular textile ecosystem within the UK by using advanced technology. This initiative will…
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H&M secures minority stake in e-commerce platform Centra
While the precise financial details of the investment remain undisclosed, the sum invested by H&M Group is approximately SEK50m ($5.19m),…