Business

Fashion industry faces turmoil as U.S. tariffs bite

The “Liberation Day” tariffs announced by the U.S. administration on Wednesday has sent shockwaves through global industries and financial markets. It precipitated steep stock market declines and raising fears of an escalating international trade war. The U.S. dollar has similarly taken a hit, falling 1.6 percent amid heightened uncertainty....

10 hours ago

Member
BusinessMember

Trump blows up fashion supply chains, with Turkey, Morocco and Egypt emerging as new ‘hubs’

Madrid – “Liberation Day” arrived, as the president of the US, Donald J. Trump, liked to call it. The trade war that the leader of the US promised to "correct" via tariffs, for what he considered to be abusive and non-reciprocal trade relations and have ultimately affected the economic and industrial performance of the US, has finally broken...

15 hours ago

BusinessMember

From track to runway: Why running now drives fashion

For a long time, jogging was just a sporting hobby, but today it has become much more than that. "Running" is a lifestyle statement that's crossed the finish line into the fashion world. From luxury running shoes to athleisure-ready running jackets, the lines between function and trend are increasingly blurred. At a run in Amsterdam's Nelson...

15 hours ago

BusinessMember

Myanmar garment manufacturers call for support after Friday’s earthquake

Following the 7.7-magnitude earthquake that hit Myanmar last Friday, 28th March, and killed more than 2,700 people, the Myanmar Garment Manufacturers Association (MGMA) and partner associations have called for financial assistance for the garment producing country. Locally, they are requesting factory owners, management and members to provide...

2 Apr 2025