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Italy’s Zegna sees strong DTC momentum despite modest Q1 revenue drop

Ermenegildo Zegna Group has reported revenues of €458.8 million (~$489.5 million) in Q1 2025, down 0.9 per cent YoY.
Strong DTC growth of 5.2 per cent offset wholesale decline.
Zegna and Tom Ford Fashion brands led gains, while Thom Browne saw declines.
Americas grew 9.5 per cent but Greater China Region saw 11.6 per cent decline.
The Group expanded its DTC footprint to 465 stores globally.Read More

25.04.2025Comments Off
UK & New Zealand reaffirm partnership, global commitments

The UK and New Zealand have reaffirmed their strong partnership, committing to deepen cooperation on global security, trade, and climate action.
They voiced support for Ukraine, peace in the Taiwan Strait, and Pacific Island resilience.
Emphasising democratic values and multilateralism, both leaders welcomed growing trade ties, including under the UK-NZ FTA and CPTPP.Read More

25.04.2025Comments Off
US’ Olin – Winchester acquires small caliber ammunition assets of AMMO

Olin Corporation has completed its acquisition of AMMO, Inc’s small caliber ammunition assets, integrating them into Winchester Ammunition.
The deal, funded from existing liquidity, adds a new 185,000 sq ft facility in Wisconsin and is expected to boost first-year EBITDA by $10–$15 million, with long-term gains of $40 million annually through synergies.Read More

25.04.2025Comments Off
ICE cotton touches three-month high on weaker US dollar

ICE cotton futures touched a three-month high as a weaker US dollar made cotton more affordable for overseas buyers.
The July 2025 contract settled at 69.17 cents per pound, up 0.14 cent, with a 235-point gain over three sessions.
Despite a 49 per cent weekly drop in US export sales, analysts said dollar weakness and prior technical strength continued to support the market.Read More

25.04.2025Comments Off