Burberry, London College of Fashion partner for sustainable fashion

Burberry has partnered with the Centre for Sustainable Fashion at LCF, UAL, for the ‘Reimagining Materials’ competition, challenging students to design with surplus Burberry materials and a focus on circularity.
BA student Clara Gröning won the contest, earning an internship and a cash prize.
Finalist designs were showcased at LCF’s East Bank campus and Burberry’s Regent Street store.Read More

03.05.2025Comments Off
US’ Berry posts $2.5 bn in Q2 sales, driven by volume growth

Berry has reported net sales of $2.5 billion in Q2 FY25, driven by higher selling prices and 2 per cent organic volume growth, partly offset by divestitures.
Operating income rose due to cost savings and a $175 million gain from the Tapes business sale.
All segments saw volume growth.
CEO highlighted strategic moves, including the Amcor merger, to enhance innovation and sustainability leadership.Read More

03.05.2025Comments Off
ICE cotton jumps on trade deal hopes, rising stock markets

ICE cotton futures rebounded sharply on Friday, supported by rising stock markets, stronger soybean prices, and optimism over potential trade agreements easing tensions.
The July 2025 contract rose by 2.75 cents to 68.41 cents per pound but ended the week down 0.6 per cent.
USDA data showed 21 per cent of US cotton-growing areas remain drought-affected, unchanged from the previous week.Read More

03.05.2025Comments Off
Belgian company Ontex shows margin resilience in Q1 amid soft demand

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

03.05.2025Comments Off
Canada’s Aritzia projects 28% revenue rise in FY26 after FY25 success

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

03.05.2025Comments Off