Announcing a new US trade deal with Vietnam, President Donald Trump has said that the former will charge 20-per cent tariffs on imports from the latter, while Vietnam will charge no tariffs on US goods. The 20-per cent is double the...
Global air cargo demand rose by 2.2 per cent year-on-year in May 2025, with international demand up 3 per cent, according to IATA. Capacity grew 2 per cent, lifting the cargo load factor to 44.5 per cent. Asia-Pacific led regional...
ICE cotton futures closed higher on Wednesday, supported by stronger crude oil and grain prices. Rising oil prices made polyester costlier, improving cotton’s competitiveness. Trading activity was subdued due to the US holiday week and...
The Indian Textiles Ministry recently announced the approval of a $221.25-million plan for setting up a Pradhan Mantri Mega Integrated Textile Region and Apparel Park in Tamil Nadu's Virudhunagar. The park will house an advanced textile...
Eighty-five per cent of Europeans see climate change as a serious issue, with strong support for EU climate goals, renewables, and energy efficiency, as per Eurobarometer survey. While most take personal climate action, they believe...
A new Grade-A industrial and logistics park has been launched near Chennai in Mahindra World City. With a ₹8 billion (~$93.514 million) investment, the park spanning 71 acres aims to generate 11,000 jobs and ₹1.10 billion in annual...
US Senate has passed a budget reconciliation bill that includes a provision to permanently end de minimis duty-free treatment for commercial shipments by July 2027. NCTO has praised the move, calling it vital to protect US manufacturers...
US Manufacturing PMI rose to 52.9 in June—it’s highest since May 2022—signalling solid expansion, driven by rising output and new orders amid strong domestic and export demand. Firms ramped up input purchases, anticipating tariff-related...
Despite an uncertain and challenging global economic backdrop, India’s economy is a key driver of global growth, underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, the central bank has said. The soundness...
Sri Lanka’s garment exports rose 9.9 per cent to $1.97 billion in January–May 2025, while total textile product exports hit $2.14 billion, comprising over half of industrial exports. May saw a slight year-on-year dip. Imports of clothing...
Abundant data and advanced analytics are helping brands create new models of their customers’ lifetime value. The aim is to gain better insight into which shoppers are worth investing in.
A new business-to-business podcast sharing data insights and market expertise is the latest iteration of Zalando Marketing Services’ strategy to drive shared success and inspiration for marketing professionals.
Investors are piling into the fast-growing resale space, with the European platform attracting high-profile backers like SoftBank in its latest funding round.
BoF shares advice from a former intern at Louis Vuitton, as well as insights from leaders at Central Saint Martins, the Graduate Fashion Foundation, and a former talent acquisition specialist at Gucci.
Nensi Dojaka, Supriya Lele and Harris Reed were among the upstarts that popped during London Fashion Week, but it was more experienced hands like Simone Rocha who truly triumphed.
The company best known for facial “workouts” saw its skin care business grow online during the pandemic. A new Sephora partnership aims to bring the brand to a new set of customers.
Emmy Award-winner and founder of Black Owned Everything Zerina Akers, CEO of NTWRK Aaron Levant, designer Bethany Williams and crypto artist Fewocious discuss the forces transforming the luxury product mix, from new categories to new...
The collaboration spans virtual and physical clothes, as well as a marketing campaign that will appear on billboards in cities like New York and Tokyo, as well as in Fortnite itself.
Australian swimwear brand Seafolly has fallen into administration, citing the “cripping financial impact of the Covid-19 pandemic” as a key reason for its collapse.
New Look is warning landlords that it might have to launch a pre-pack administration if they continue to block the retailer’s attempts to negotiate turnover-based rents.
Two high street giants, Next and M&S, are reportedly competing to buy the UK franchise of Victoria’s Secret. Drapers assesses the lingerie retailer’s chances of success.
Net sales at Swedish giant the H&M Group dropped by 23% to SEK83.61bn (£7.07 bn) in the six months to 31 May as coronavirus had a “significant” impact on the business.
A new wave of restructurings and acquisitions is hitting the fashion retail sector as the coronavirus support schemes are coming to an end and stores are reopening. Experts tell Drapers that retailers will need to take a holistic...
Kanye West’s Yeezy label has struck a deal with Gap to launch a collaborative apparel collection through the retailer’s stores and online in the first half of next year.
Lifestyle retailer Oliver Bonas has secured £3.5m in additional funding via the Coronavirus Business Interruption Loan Scheme (CBILS), to aid its transition from lockdown.