Armani faces $4m fine over unfair commercial practices
By Reuters Published August 1, 2025 Italy’s antitrust regulator has fined fashion group Giorgio Armani and one of its subsidiaries...
Fashion
CITI urges govt support as US imposes 25% tariff on Indian textiles
Normal 0 false false false EN-IN X-NONE X-NONE The Confederation of Indian Textile Industry (CITI) feels that the latest US...
Amazon shares decline despite strong Q2 revenue performance
By Reuters Published August 1, 2025 Amazon shares fell more than 7% on Friday in European trading after the company...
Cotton yarn demand slows across south India markets
South India's cotton yarn markets in Mumbai and Tiruppur are witnessing sluggish demand amid uncertainty over the newly announced US...
US’ Gildan’s H1 2025 revenue rises 4.6%, activewear drives growth
American apparel manufacturer Gildan is expecting mid-single-digit revenue growth in full-year 2025, with adjusted operating margin forecast to improve by...
Salvatore Ferragamo reports H1 sales drop 9.4% after wholesale decline
By AFP Translated by Nazia BIBI KEENOO Published August 1, 2025 Italian luxury brand Salvatore Ferragamo reported a 9.4% drop...
Higher US tariffs may dent India’s growth by 30 bps in FY26: Barclays
The 25-per cent US tariffs along with a penalty for Russian imports may dent India's economic growth by 30 basis...
Multiply acquires 67.9% of Spain’s Tendam, doubles EBITDA post-deal
Normal 0 false false false EN-IN X-NONE X-NONE Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests...
SMCP appoints new leaders for Fursac and Claudie Pierlot
Translated by Nazia BIBI KEENOO Published August 1, 2025 “Now that we have the wind in our sails, we can...
US’ Upland & Pima cotton sales drop this week: USDA
Net sales of Upland cotton totalling 39,100 RB (each weighing 226.8 kg or 500 pounds) for 2024–25 were significantly lower...
