Drewry WCI dropped 1.59 per cent to $2,157 per FEU on April 24, reflecting reduced demand due to global tariff tensions.
Despite being 79 per cent below its 2021 pandemic peak, it remains 52 per cent above 2019 levels.
Major trade routes saw rate declines, while some remained stable.
Drewry anticipates further rate drops amid continued trade uncertainty and reciprocal tariffs.Read More
Hudson’s Bay Company will liquidate its remaining six Hudson’s Bay and one Saks Fifth Avenue stores, starting April 25.
These join other locations already in liquidation under CCAA.
Sales may be reversed if viable bids are received by April 30 via the ongoing SISP.
Most stores will close by June 15, 2025, with some shutting earlier.Read More
… , which includes the Zegna brand, Textile, and other revenues—amounted to … ’s March fashion show.
The textile segment recorded revenues of €29 …Read More
… that key exports such as textiles, footwear, furniture, and shrimp would …Read More
Ermenegildo Zegna Group has reported revenues of €458.8 million (~$489.5 million) in Q1 2025, down 0.9 per cent YoY.
Strong DTC growth of 5.2 per cent offset wholesale decline.
Zegna and Tom Ford Fashion brands led gains, while Thom Browne saw declines.
Americas grew 9.5 per cent but Greater China Region saw 11.6 per cent decline.
The Group expanded its DTC footprint to 465 stores globally.Read More
DyStar will cease manufacturing at its Hilton Davis facility by June 30, 2025, integrating operations into Reidsville, NC, as part of its Americas consolidation plan.
Production will continue at Reidsville and Cheyenne sites.
The company remains committed to supporting affected employees and maintaining supply without compromising quality or sustainability.Read More
The UK and New Zealand have reaffirmed their strong partnership, committing to deepen cooperation on global security, trade, and climate action.
They voiced support for Ukraine, peace in the Taiwan Strait, and Pacific Island resilience.
Emphasising democratic values and multilateralism, both leaders welcomed growing trade ties, including under the UK-NZ FTA and CPTPP.Read More
While Stickley reveals new products at Spring Market, it celebrates 125 years as an iconic American furniture company.
HIGH POINT, NC, UNITED STATES, April 24, 2025 /EINPresswire.com/ — In 2025, L. & J.G. Stickley turns another page in the …Read More
… the rising popularity of textile-based solutions.
Textile flooring, which includes … PET, Acrylic, Nylon), Animal Textiles, Plant Textiles.
By Product Type:
In … /reports/technical-textiles-market
Textile Auxiliaries Market Trends: https:…Read More
Olin Corporation has completed its acquisition of AMMO, Inc’s small caliber ammunition assets, integrating them into Winchester Ammunition.
The deal, funded from existing liquidity, adds a new 185,000 sq ft facility in Wisconsin and is expected to boost first-year EBITDA by $10–$15 million, with long-term gains of $40 million annually through synergies.Read More