Fashion News

Eswatini University media graduate Bongiwe Mabuza paying back a 100-year loan under Government Scholarship Recovery Fund, employed by low paying textile company amid scarcity of jobs.

… by the low paying textile manufacturing industry, Mabuza is … deductions from graduates who are textile workers, as illegal and … unreasonable adding that, textile workers are not earning living … deductions.
“Working in the textile industry is like an …Read More

25.04.2025Comments Off
US Upland cotton export down 49%, Pima up 31% this week: USDA

US Upland cotton net sales dropped 49 per cent to 104,000 bales for the week ending April 17, 2025, with notable reductions from key buyers.
Shipments also declined by 11 per cent.
In contrast, Pima cotton sales rose significantly week-on-week to 5,800 bales, although still 31 per cent below the four-week average.
Exports of Pima surged 41 per cent, led by strong demand from India and Peru.Read More

25.04.2025Comments Off
Drewry WCI falls 1.59% as tariffs weaken shipping demand

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

25.04.2025Comments Off
Italy’s Zegna sees strong DTC momentum despite modest Q1 revenue drop

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

25.04.2025Comments Off
UK & New Zealand reaffirm partnership, global commitments

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

25.04.2025Comments Off