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May textiles and apparel imports from India to USA up 54%

The Office of Textiles and Apparel (OTEXA) released the May 2025 trade data this week, providing a detailed look at US textile and apparel imports. While overall imports show some growth year-to-date, the apparel sector experienced a notable dip in May, with specific attention on China's evolving position as a key supplier. In May 2025, total...

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Burberry's Q1 comparable sales dip but brand desirability increases

Burberry Group PLC today released its first-quarter trading update for the 13 weeks ended June 28, 2025, indicating an improvement in comparable sales and growing brand desirability as it progresses with its transformation strategy. For Q1 FY26, Burberry reported retail revenue of 433 million pounds, a 6 percent decrease at reported exchange...

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