Home

News

Business

Latest Articles in Business

The Fashion Pact and Fashion for Good launch Circular Fibre Collective

A new cross-industry initiative has been launched by major players in the circular fashion world that have set out to accelerate the adoption and scaling of textile-to-textile (T2T) recycled and next generation fibres. The UK’s Fashion Pact and Dutch organisation Fashion for Good have come together to introduce the Circular Fibre Collective, an...

Member

Business

CBP launches new tool for consolidated duty refunds

US Customs and Border Protection (CBP) has launched the first phase of its new refund system for duties collected under the International Emergency Economic Powers Act (IEEPA), introducing the Consolidated Administration and Processing of Entries (CAPE) tool. Now live via the Automated Commercial Environment (ACE) portal, CAPE allows importers...

Member

Business

Clarks returns to profitability as turnaround strategy takes hold

British footwear brand Clarks has reported a return to the black for the financial year ended December 31, 2025. The Somerset-based company achieved an operating profit of 66.30 million pounds (89.55 million dollars), a significant recovery from the 18.10 million pounds loss recorded during the previous year. The group attributed this...

Member

Business

NYC garment industry receives boost with 1.7 million dollar Local Production Fund

New York City Economic Development Corporation (NYCEDC), in partnership with the Council of Fashion Designers of America (CFDA), has announced the continuation of its Fashion Manufacturing Initiative (FMI) with the launch of a new Local Production Fund, backed by a combined 1.7 million dollar investment. The fund is designed to support New York...

Member

Business

QVC’s US parent company files for bankruptcy

QVC Group, the US parent company of TV and social shopping firm QVC, has filed for bankruptcy after entering into a restructuring support agreement (RSA) with shareholders that hold a significant majority of its outstanding funded debt. The deal includes a prepackaged financial restructuring plan designed with the intention of reducing debt and...

Member

Business

Lululemon launches e-commerce for Mexico, confirms eight new stores

Lululemon is continuing to scale in Mexico where it has now officially launched a dedicated e-commerce channel to enhance customer experience. The site’s debut complements the Canadian company’s further plans to increase its store count in the region during fiscal year 2026. In a press release, Lululemon confirmed that it is looking to open...

Member

Business

Clean Clothes Campaign takes Levi’s to court over labour condition claims

The non-profit organisation Clean Clothes Campaign has initiated legal proceedings against Levi Strauss & Co. According to the organisation, the denim brand has misled consumers with statements about labour conditions in its supply chain, as stated in a press release. Four consumers are acting as co-claimants in the case. The lawsuit was...

Member

Business

Antler reports fourth consecutive year of double-digit growth

British travel brand Antler has announced strong financial results for its fiscal year ending February 28, 2026, recording global gross sales of 52 million pounds (70.15 million dollars). The performance represents a 17 percent increase compared to the previous year and marks the fourth consecutive year of double-digit growth for the company....

Member

Business

Exploited labour: Loro Piana (LVMH) is no longer under judicial administration

Rome - Italian fashion house Loro Piana, owned by French luxury giant LVMH, announced on Friday the early termination of its judicial administration by the Court of Milan. “Loro Piana acknowledges the early conclusion of the judicial administration proceedings by the Court of Milan, ahead of the originally scheduled 12-month period,” the Italian...

FeaturedMember

Business

Primark to separate from Associated British Foods by 2027

UK-based diversified group Associated British Foods (ABF) has announced a definitive plan to demerge its retail business, Primark, from its food operations. The decision follows an in-depth strategic review initiated in November 2025 and is intended to be completed before the end of the 2027 calendar year. The demerger is supported by ABF’s...

Member

Business

California AG: Amazon forced Levi’s, Hanes to raise prices

California Attorney General Rob Bonta has released a series of unredacted court documents detailing how US e-commerce giant Amazon allegedly pressured fashion and lifestyle brands to inflate prices across the retail market. The filings, part of an ongoing antitrust lawsuit in the San Francisco Superior Court, implicate major industry names such...

FeaturedMember

Business|Interview

Preventing fashion burnout: how 'always on' mode is blocking the industry's creativity

Lisa Krage is the founder of Swiss Performance Systems and a specialist in performance coaching and corporate health. She develops measurable performance systems for high-performers in demanding positions and for ambitious companies. Her approach is based on scientific stress and performance diagnostics, methods from elite sports, and over a...