Ontex reported Q1 revenue of €451 million (~$510.89 million), down 2.8 per cent like-for-like, with softer demand partly offset by strong North American growth.
Adjusted EBITDA was €51 million (~$57.77 million), supported by €15 million (~$16.99 million) in cost savings.
Despite challenges, Ontex remains confident in achieving its 2025 outlook, targeting 3–5 per cent revenue.Read More
CHELSEA, MANHATTAN, NEW YORK, NY, UNITED STATES, May 2, 2025 /EINPresswire.com/ — In a world where the environmental impact of fashion casts a shadow, Janette Oh is a game-changer, redesigning waste into high-end fashion that combines cutting-edge …Read More
… are separate aspects, textile designer Ashdeen Lilaowala finds … how an understanding of textiles helps further slow, … sustainable fashion. “Repurposing extends textile lifespan, in turn promoting … to designer Vidhi Singhania, textile and fashion are very …Read More
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ICE cotton futures rebounded and rose sharply on Friday, buoyed by optimistic prospects of trade agreements that could ease trade tensions. Rising stock markets and higher soybean prices also supported US cotton futures. Despite the sharp rise, US cotton …Read More
… the establishment of a Cotton, Textile and Garment Development Board, alongside … the Nigeria cotton and textiles economy.”
Nigeria’s textile industry has continued … industrial hub for textile production, having about 180 textile mills functioning optimally …Read More
Aritzia has forecast net revenues of $3.05–$3.25 billion in FY26, up 11–19 per cent YoY, and an adjusted EBITDA margin of 14–15 per cent, supported by new boutiques and strong US growth.
FY24–FY27 capital expenditure forecast increased to $750 million.
In FY25, net revenue rose 17.4 per cent to $2.74 billion, with net income up 163.8 per cent to $207.8 million.
Its Q4 revenue rose 31.3 per cent.Read More
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… modernising manufacturing lines.
Two dedicated textile-garment cities will be launched … also includes launching two dedicated textile and garment cities in Fayoum …Read More
… the country’s long-neglected textile industry.
“It is … restore the labour-intensive textile and garment industry,” the … backing modernisation of the textile value chain and enhancing … board backing modernisation of the textile value chain, enhancing labour …Read More