India Needs Urgent Textile Sector Reforms: NITI Aayog

New Delhi: The domestic textile industry requires urgent reforms in areas such as supply chain integration, cost efficiency, and adherence to sustainability standards to maintain...

Impact of Myanmar Earthquake on the Fashion Supply Chain

On March 28, 2025, a devastating 7.7 magnitude earthquake struck central Myanmar, leading to significant challenges for the fashion supply chain that relies heavily...

Europeans are Buying and Discarding Clothes & Shoes More

The European Environment Agency (EEA) recently released a report saying that Europeans are buying and discarding clothes, shoes, and linens than ever before. This...

Q1 Financial Performance of H&M Shows Solid Growth

Swedish clothing company H&M Hennes & Mauritz AB reported net sales of SEK 55,333 million (~$5.26 billion) for the first quarter (Q1) of fiscal...

ILAB’s Importance to American Workers in Labor Standards

Recently, the American Apparel & Footwear Association (AAFA) expressed its concern following the US Department of Labor's decision to cancel all contracts for its...

Next Reports Profit Surge Despite Economic Challenges

Even though the economy is bad right now, clothing and home goods store Next (NXT) has done very well, which is why its sales...

Universal Fiber Systems Acquires FIT for Innovation

JOHNSON CITY, Tenn.— March 27, 2025 — Innovative fiber technology firm FIT (formerly known as Fiber Innovation Technology) is now officially part of Universal...

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