Indonesia has directed e-commerce platforms to remove online stores selling imported secondhand clothing as part of a broader effort to curb the growing thrifting trend, which the government says is hurting local businesses. MSME Minister Maman Abdurrahman said on Thursday that he had
Leaders in Bangladesh’s ready-made garment (RMG) sector fear that the recent fire at Dhaka’s Hazrat Shahjalal International Airport could lead to a loss of export orders and further damage the industry’s global reputation. Speaking at a discussion titled “The Current Crisis and Path to Recovery of Bangladesh’s RMG Industry” in Dhaka on 2 November, industry […]
A delegation from the International Monetary Fund (IMF) met with leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in Uttara, Dhaka, on 5 November to discuss the current state of the country’s ready-made garment (RMG) sector and the challenges ahead. The meeting was attended by BGMEA President Mahmud Hasan Khan Babu along with […]
The Bangladesh Export Processing Zones Authority (BEPZA) has signed land lease agreements with four companies to set up new industries in the BEPZA Economic Zone at Mirsharai, Chattogram. The proposed investments total US$ 111.26 million and are expected to create 7,607 jobs. The investors include three foreign-owned companies from China, Singapore and a China–Singapore
Lenzing AG reported stable revenue growth and a significant increase in EBITDA for the first nine months of 2025, despite a volatile third quarter driven by ongoing market uncertainty, tariffs and geopolitical pressures. Revenue rose 0.7% to EUR 1.97 billion (Q1–Q3 2024: EUR 1.96 billion). EBITDA increased 29.1% to EUR 340.4 million, supported by the […]
Arvind Ltd, one of India’s leading textile and apparel manufacturers, reported a strong performance in the second quarter of FY26, achieving its highest-ever quarterly revenue driven by sustained demand and operational efficiency amid a challenging global trade environment. The company recorded consolidated revenue of Rs 2,371 crore for Q2 FY26, marking an 8% increase over
Datacolor, a global leader in colour management technologies, has announced the appointment of A.S. Paterson Company Ltd as its official agent in Canada for pigment-related applications. The partnership will expand access to Datacolor’s colour measurement instruments and software solutions across the Canadian pigments, coatings and chemical manufacturing sectors.
Under Armour, Inc., announced that Reza Taleghani will join the company as Executive Vice President and Chief Financial Officer in February 2026. He will succeed David Bergman, who will step down after 21 years with the company. Bergman will remain with Under Armour through the first quarter of fiscal 2027 to support a smooth transition. […]
Barcelona-based fashion retailer Mango has expanded its sustainability commitments by partnering with TextileGenesis, a leading traceability platform for the textile and fashion industry. The collaboration will enable Mango to track natural, synthetic and cellulosic fibres, along with leather, throughout the entire production process, ensuring a transparent and digitised
Marks & Spencer (M&S) has announced an expanded partnership with ZEOS, the B2B logistics division of Zalando, to support and scale its online direct-to-consumer business across continental Europe. Beginning early next year, ZEOS will manage order fulfillment for M&S’s fashion, home and beauty products across 21 European markets. M&S first partnered with





















