Business

Textile trade dispute: Can China really refute 'overcapacity' accusation?

In an unprecedented document published at the end of July, China directly contests Western accusations of industrial 'overcapacity'. While the text primarily targets electric vehicles, batteries and advanced technologies, its reasoning also applies to the textile industry. Beijing rejects the idea that a trade surplus or high production capacity...

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Vestiaire Collective: New management, returning to growth, AI and a culture of 'delivery'

Four months after their appointment, Thomas Hézard, chief product officer, and Rémi Bouchez, chief technology officer, met with FashionUnited to detail the initial changes made at Vestiaire Collective. Fewer projects running in parallel; more decisions left to the teams; targeted use of artificial intelligence; and lower fees. Behind these...

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Eoin Tonge: The finance chief steering Primark toward life without ABF

On April 21, the British food and retail group Associated British Foods (ABF) confirmed what investors had been circling for months: Primark, the Dublin-headquartered value fashion chain trading as Penneys in Ireland, would be split from the group's food, sugar and grocery businesses and listed as its own FTSE 100 company. The separation,...

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Kontoor Brands raises full-year EPS forecast after strong Q2

US-based apparel group Kontoor Brands has released its financial results for the second quarter ended July 4, 2026, reporting a 19 percent increase in revenue to 584 million dollars. The performance was supported by sustained growth from Wrangler, expanded direct-to-consumer (D2C) channels, and an above-expectation contribution from Helly...

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