Retailers entering holiday 2026 with clean inventories are set to pull ahead, while those carrying leftover stock face slower periods and deeper discounts.
TJX inventory rose to $7.9 billion, while Gap Inc. reported $2.3 billion, essentially flat year over year.
Consumers are spending in bursts around events; off-price footwear sales may signal premium brands clearing excess stock.Read More
New Look, M&S, Sainsbury’s, Oxfam and Circle-8 have announced The Circuit to build UK circular textile value chains.
It will recover, sort and pre-process non-reusable end-of-use textiles into feedstock for fibre to fibre recycling.
The first phase starts in January 2027 at Oxfam’s Batley site, testing automated sorting, traceability and scale-up models.Read More
H&M has opened its first Jaipur store at Ridhiraj World Business Centre, Ajmer Road, marking its 75th store in India.
The 1,600 sq m, two-floor store offers women’s, men’s and kids’ fashion, accessories, H&M Beauty and H&M Move.
The launch extends H&M’s physical retail presence across India, alongside its official website and online partners, with Janhvi Kapoor joining the opening.Read More
Forward Fashion’s H1 sales fell 5.7 per cent, but profit rose to HK$38.8 million (~$53.32 million) on better margins and lower operating costs.
China and Hong Kong/other markets grew, partly offsetting Macau weakness; retail, online and store-management revenue declined.
It will retain stronger sites, close weaker stores selectively, expand digital and omnichannel, and keep tight cost control.Read More
Cotton yarn stayed steady but bearish in Ludhiana and Delhi as payment constraints, weak demand and cautious weaving buying capped trade.
Panipat recycled yarn saw limited buying, with festival stocks and home-textile export uncertainty weighing on sentiment.
Cotton prices held steady as smaller mills bought spot needs, while larger mills stayed away amid sufficient stocks and new arrivals.Read More
JD Sports Fashion has maintained its FY27 profit and cash flow guidance as it advances its store, digital and product strategy.
For the 26 weeks ended August 1, 2026, sales were £5.90 billion (~$7.82 billion), while adjusted pre-tax profit was £282 million (~$373.75 million).
Online sales gained share and apparel and accessoriesRead More
Sweden’s H&M reported a 23 per cent rise in Q3 operating profit and 28 per cent growth in profit after tax.
Local-currency sales increased 1 per cent.
Margins benefited from purchasing improvements, cost controls and one-off tariff effects.
Logistics disruption increased goods in transit, while digital upgrades and in-season buying remained priorities.
September sales were expected to rise 1 per cent.Read More
US and China extended their bilateral trade truce to January 10, 2027, keeping negotiations open on tariffs, critical minerals and market access.
The rollover keeps the Busan framework in place but does not create a new trade deal or remove tariffs or restrictions.
Apparel importers and sourcing teams face tariff uncertainty, with a broader package possible by January or another rollover.Read More
India plans to train about 1,000 local personnel in regional languages to help existing and prospective exporters at district and state levels.
Textile, man-made fibre and other sectors raised issues on FTA use, documentation, logistics, standards and testing.
A Trade Connect platform is being developed to give product- and HSN-wise tariff, FTA and procedure information.Read More
Arnault family group is considering merging Agache into Christian Dior, then converting Christian Dior into a limited joint-stock partnership renamed Agache.
The move would consolidate LVMH control in one listed entity holding 49.76 per cent of capital and 65.55 per cent voting rights.
Minority Christian Dior shareholders could remain invested or use a planned cash tender offer in Q1 2027.Read More