Fashion News

Cotton Club (BD) boosts profits with Coats Digital’s GSDCost

Cotton Club (BD) Ltd boosted productivity by 5 per cent and improved SMVs by 25.6 per cent after adopting Coats Digital’s GSDCost.
With a 90 per cent increase in costing accuracy, it reduced overtime and material waste, raised OTDP by 7 per cent, and added ~$0.45 million to annual profits.
The tool also enhanced communication, planning, and capacity to handle complex orders.Read More

23.04.2025Comments Off
US’ Hexcel sees sales & EPS decline in Q1 2025, adjusts guidance

Hexcel Corporation has reported Q1 2025 sales of $457 million, down 3.3 per cent YoY, with adjusted EPS at $0.37.
Commercial Aerospace sales fell 6.4 per cent, while Defence, Space & Other grew 2 per cent.
The company revised its 2025 guidance due to slower production ramps, especially for the Airbus A350.
CEO Gentile reaffirmed Hexcel’s strong positioning, highlighting cost control.Read More

23.04.2025Comments Off
Tommy Hilfiger celebrates 20 years in India, launches sailing line

Tommy Hilfiger marked 20 years in India with a visit to Mumbai, celebrating the brand’s cultural bond with one of fashion’s fastest-growing markets.
Highlights included a panel at the Jio World Drive store, a dinner at Taj Mahal Palace Hotel and a sailing event to launch a collection.
Arvind Ltd’s Kulin Lalbhai praised Hilfiger’s enduring impact on global fashion and their long-standing partnership.Read More

23.04.2025Comments Off
US based Kraton launches new circular paving series with C5000

Kraton marks five years of its CirKular+ line with the launch of the CirKular+ Paving Circularity Series.
Designed to boost reclaimed asphalt use and cut GHG emissions, the C5000 series enhances durability and supports circularity goals, aligning with EU climate targets.
It reflects Kraton’s continued push for sustainable, high-performance paving solutions.Read More

23.04.2025Comments Off
Tariffs on China to drop ‘substantially, but it won’t be zero’: Trump

High US tariffs on goods from China will “come down substantially, but it won’t be zero”, President Donald Trump said yesterday.
“We’re doing fine with China,” he said.
Trump’s remarks followed reported comments at a private conference by treasury secretary Scott Bessent earlier in the day about the high tariffs being ‘unsustainable’ and that he expects a ‘de-escalation’ in the US-China trade war.Read More

23.04.2025Comments Off
ICE cotton rebounds on crude oil, dollar weakness & stock gains

ICE cotton futures rebounded on April 22, 2025, supported by rising crude oil prices, a weaker US dollar, and gains in equity markets.
The July 2025 contract rose 0.40 cent to 67.22 cents/lb.
Higher oil raised polyester costs, aiding cotton’s competitiveness.
Trading volume surged, while deliverable stocks remained unchanged.
Brazil’s March cotton exports dipped 5 per cent YoY.Read More

23.04.2025Comments Off
Tariffs to push global growth below 2% in 2025: Fitch

Fitch Ratings has downgraded its 2025 global growth forecast by 0.4 percentage points amid escalating US-China tariffs, predicting world growth below 2 per cent.
The US effective tariff rate has surged to 23 per cent, its highest since 1909, with inflation forecast above 4 per cent.
As growth in China and the eurozone slows, Fitch anticipates deeper rate cuts globally, aided by lower oil prices.Read More

23.04.2025Comments Off