Business|CEO profile

Eoin Tonge: The finance chief steering Primark toward life without ABF

On April 21, the British food and retail group Associated British Foods (ABF) confirmed what investors had been circling for months: Primark, the Dublin-headquartered value fashion chain trading as Penneys in Ireland, would be split from the group's food, sugar and grocery businesses and listed as its own FTSE 100 company. The separation,...

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Kontoor Brands raises full-year EPS forecast after strong Q2

US-based apparel group Kontoor Brands has released its financial results for the second quarter ended July 4, 2026, reporting a 19 percent increase in revenue to 584 million dollars. The performance was supported by sustained growth from Wrangler, expanded direct-to-consumer (D2C) channels, and an above-expectation contribution from Helly...

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Raymond Lifestyle shifts export focus to Europe amidst new trade agreements

The Indian apparel group, which still generates 65 percent of its exports in the US, intends to increase Europe's share from 17 percent to 20–25 percent within two years. Is India looking to leverage its new agreements with London and Brussels to strengthen its position in European supply chains? The new international trade rules have taken a...

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Barcelona-based NDS9 and RSWM form JV to produce eco-friendly designer garments in India

Madrid – Noize Design Studio (NDS9), a Barcelona-based company specialising in the design and sourcing of apparel for third parties, and India's RSWM Limited, the textile company and flagship of the Indian LNJ Bhilwara group, have announced the creation of a joint venture for the manufacturing and marketing of eco-friendly designer garments from...

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