Fashion news

• China plans to further develop logistics network by 2030

  31-08-2026 12:40 via fibre2fashion.com
  
  To further develop its logistics network by 2030, China is planning to improve connectivity and better support the real economy, according to a government plan.
  The plan aims at bringing total social logistics costs to 13.1 per cent of GDP by 2030—down by 0.8 pp from the end of 2025.
  This will help improve the efficiency and performance of the real economy and support smoother economic circulation.
  
  Read more

• India's Sudarshan Chemical sells VP4 Frankfurt to Celanese

  02-09-2026 04:31 via fibre2fashion.com
  
  Sudarshan Chemical has announced the sale of step-down subsidiary VP4 Frankfurt GmbH to Celanese Corporation, USA, tightening its focus on pigments and colorants.VP4 makes Diketene and mainly operates as a tolling supplier for Nutrinova, an affiliate of Celanese and Mitsui & Co Japan.Nutrinova will keep supplying materials Sudarshan needs after completion.
  
  Read more

• Germany’s PPG unveils five marine coatings at SMM 2026

  02-09-2026 04:31 via fibre2fashion.com
  
  PPG has launched the PPG One Range portfolio of five ready-to-use, one-component marine coatings at SMM 2026 in Hamburg, Germany.The range is designed to simplify onboard fleet maintenance, supporting more efficient application, easier preparation, storage and handling, and less waste.PPG will preview the battery-powered PPG PowerPack tool for roller and brush application at the trade fair.
  
  Read more

• Diversify India’s import sources, fortify manufacturing: EY expert

  02-09-2026 04:31 via fibre2fashion.com
  
  India needs to diversify import sources while strengthening domestic manufacturing, according to D K Srivastava, chief policy advisor of EY India.As India’s non-oil imports, which accounted for 77.6 per cent of merchandise imports in FY26, remain heavily concentrated in China, there is a need for both source diversification and a targeted import substitution strategy, he said.
  
  Read more

• Advertisement

• Brazil cotton body urges natural fibre focus in import debate

  02-09-2026 04:31 via fibre2fashion.com
  
  Abrapa is urging Brazil’s Congress to weigh natural fibres, domestic textile competitiveness and synthetic-fibre impacts as MP 1,357/2026 nears a vote.
  The measure keeps a zero import duty on online foreign purchases up to $50; without approval in early September, the previous 20 per cent duty returns.
  A proposed CIDE-Têxtil would tax imported finished textiles by synthetic-fibre content.
  
  Read more

• Why is PFY slipping despite rising crude, PTA and MEG costs?

  02-09-2026 04:31 via fibre2fashion.com
  
  Domestic China PFY fell 0.2-2.5 per cent across major grades even as crude, PTA and Asian MEG rose on renewed Middle East tensions.
  Weak downstream demand, need-based mill buying and producer discounts are overriding feedstock cost pressure; healthy POY margins provide room.
  If upstream costs stay firm, margin compression could end discounting, with POY margin erosion the key signal for PFY buyers
  
  Read more

• US’ SLB to acquire Kelvion for $3.4 bn to expand data centre business

  02-09-2026 04:31 via fibre2fashion.com
  
  SLB has agreed to acquire Kelvion, adding thermal management and heat exchange technologies to its Data Center Solutions business.
  The deal positions SLB to serve cooling-intensive AI infrastructure as customers look to bring data centre capacity online faster.
  Kelvion expects $2.3 billion to $2.4 billion revenue in 2026; closing is targeted for the first half of 2027.
  
  Read more

• UK biz confidence hits 53% in August 2026, highest since March: Lloyds

  02-09-2026 04:31 via fibre2fashion.com
  
  UK business confidence rose by four points in August to 53 per cent, the highest since the start of the Middle East conflict in March and above the 12-month average of 47 per cent, the Lloyds Business Barometer revealed.Business confidence among UK manufacturers rose by eight points to 55 per cent—the highest since October 2025.Retail firms saw an increase of five points to 48 per cent.
  
  Read more

• Advertisement

• South Korea’s LG Energy Solution signs 10-year US lithium supply deal

  02-09-2026 04:31 via fibre2fashion.com
  
  LG Energy Solution has signed a 10-year binding offtake deal with Smackover Lithium for 8,000 metric tonnes of US-produced battery-quality lithium carbonate annually.
  The agreement supports local cathode-material sourcing for ESS LFP batteries as North American demand grows.
  Supply will come from Arkansas’ South West Arkansas Project using DLE and purification.
  
  Read more

• Romania’s OMV Petrom lifts Petrobrazi green hydrogen capacity to 55 MW

  02-09-2026 04:31 via fibre2fashion.com
  
  OMV Petrom has delivered seven modules for a 35 MW green hydrogen electrolyser at Petrobrazi, lifting total installed capacity to 55 MW.
  It will support SAF and HVO production from vegetable and waste oils, relevant to lower-emission transport and sourcing logistics.
  The two projects are estimated to produce 8,000 tonnes of hydrogen annually, with a 250,000-tonne SAF/HVO unit under construction.
  
  Read more

• Sri Lanka’s PPI for apparel manufacturing up 10% YoY in July 2026

  02-09-2026 04:31 via fibre2fashion.com
  
  Sri Lanka’s producer price index (PPI) for all economic activities was 249.7 in July—a 5-per cent YoY growth.The PPI increased by 0.5 per cent month on month (MoM) to 249.7 in July 2026 from 248.6 in June.The index for apparel manufacturing went up by 10 per cent YoY and 0.3 per cent MoM in the month, while the index for textile manufacturing dropped by 0.7 per cent YoY and remained unchanged MoM.
  
  Read more

• Daily Drills Brings Its Gen Z-Beloved Loungewear to Shopbop

  01-09-2026 01:23 via fashionista.com
  If you’re on Fashion TikTok at all, you’ve likely seen a few Daily Drills try-on hauls. The Los Angeles-based brand has a cult following, especially with Gen Z, for its cozy loungwear in bright colors and stripes. For the elder millennials, it’s sort of like the Juicy Couture tracksuit mania.
  Co-founders Kennedy Crichlow (“Ken”) and Mary Ralph Lawson Bradley (“Ralph”) built a community around their weekly limited-edition drop model — with early acc
  
  Read more

• Ace Back-to-School Style With These Actually Chic Handbags

  31-08-2026 19:00 via fashionista.com
  Sponsored StoryOccasionally, we use affiliate links on our site. This in no way affects our editorial decision-making.We may be clinging to the final days of summer, but fall semester syllabuses have already been handed out. Before fretting about the seemingly endless assignments in your gen-ed requirements, locking down your campus-ready handbag is top priority. After all, selecting a signature bag is no easy decision. It’s a constant companion throughout late-night library visits and ear
  
  Read more

• Ib Kamara Exits Off-White

  31-08-2026 16:44 via fashionista.com
  Off-White’s Ib Kamara chapter has come to a close. On Monday, the brand announced that the designer is exiting his role as creative director, effective immediately. His successor has not been announced.
  “Working at Off-White has been an honor and a profound creative education,” Kamara said in a press statement. “The teams I have worked alongside, the collections we produced, the shows we dreamt and the conversations we sparked — I will carry all of it with me, and I
  
  Read more

• The Doux Is Bringing Textured Hair-Care Education to Roblox

  31-08-2026 16:00 via fashionista.com
  What can diverse hair representation look like in the gaming world? That’s the question The Doux Co-Founder Maya Smith set out to answer when she launched My Salon Empire, a tycoon-style hair salon game now available on Roblox (an online platform that allows users to create avatars and build virtual worlds). 
  The free game invites Roblox players to manage their own hair salon and serve clients, including completing consultations, shampooing and styling hair (with branded The Doux prod
  
  Read more

• The Met Cancels Its Spring 2027 John Galliano Exhibit

  31-08-2026 15:53 via fashionista.com
  Exactly a month ago, The Metropolitan Museum of Art revealed that its Spring 2027 Costume Institute exhibition would spotlight controversial designer John Galliano and his four-decade career. The long-rumored news exploded across the fashion industry, inspiring a torrent of think pieces and online backlash. On Monday, The Met announced that it is canceling the “John Galliano: Horizons” exhibit, originally scheduled to open in May 2027.The Met and Galliano released a joint press relea
  
  Read more

• US' GapStudio unveils Zac Posen-designed Fall 2026 collection

  31-08-2026 12:40 via fibre2fashion.com
  
  GapStudio has introduced Fall 2026, a 20-piece Zac Posen range centred on denim, khaki, shirting, T-shirts, utility and workwear.It reworks American casualwear with sculptural silhouettes, engineered seams, controlled volume, elongated fits and a focused palette.Esther McGregor and Alton Mason front the campaign; a denim look adapts Leon Thomas’ GapStudio outfit from the 2026 GRAMMY Awards.
  
  Read more

• India exports textiles from 548 districts; why do just 10 matter most?

  31-08-2026 12:40 via fibre2fashion.com
  
  India’s textile, apparel and handicraft exports span 548 districts, but the top ten generate 45.57 per cent of FY2025–26 value.TexPro shows the US takes 26.4 per cent of export value, 30.5 per cent of apparel exports and 47.4 per cent of home textiles.Apparel exports fell 10.52 per cent in April–July 2026, while textile exports rose 5.38 per cent, leaving risk clustered.
  
  Read more

• Germany's Leipzig signs intent for Vietnam business hub

  31-08-2026 12:40 via fibre2fashion.com
  
  Leipzig hosted the signing of a letter of intent recently to create a German–Vietnam Hub linking companies, investors and institutions.The planned advisory system is aimed at economic co-operation, investment and knowledge transfer between the two countries.For sourcing teams, the initiative points to new Germany-Vietnam channels for market entry, skills and business dialogue.
  
  Read more

• Gap's profit rises, but sales tell a different story

  31-08-2026 12:40 via fibre2fashion.com
  
  Gap says lower-than-feared Section 301 US tariffs give it about $15 million of incremental net tariff relief for fiscal 2026, mainly in the fourth quarter.
  The apparel maker now expects adjusted profit of $2.35-$2.45, up 10 per cent to 15 per cent versus last year.
  Old Navy’s Q2 net sales fell 4 per cent to $2.1 billion, while Gap brand sales rose 9 per cent to $844 million.
  
  Read more

• EU's €3 duty: Winners, losers and the HS code hack

  31-08-2026 12:40 via fibre2fashion.com
  
  EU’s €3 customs duty on items under €150 has not caused a big decrease in apparel volumes into Europe, ePost Global says.
  ePost is encouraging merchants to shift from DDU to DDP, as paid-duty shipments clear customs and are delivered without collection from consumers.
  HS six grouping can reduce line-item duties, while DDU users face refused shipments and a €2 handling fee from November 1.
  
  Read more

• Bangladesh RMG net exports hit $24.22 bn: Why import $9 bn in fabric?

  31-08-2026 12:40 via fibre2fashion.com
  
  Bangladesh Bank puts FY26 net RMG exports at $24.22 billion, up 4.31 per cent, even as gross apparel exports fell 0.96 per cent to $38.97 billion.
  TexPro shows textile-input imports down 2.68 per cent to $14.72 billion, with yarn accounting for most of the decline.
  Fabric imports stayed at $9.01 billion, with China supplying 78.36 per cent.
  
  Read more

• India’s PTA, polyester melt prices ease; China feedstocks swing

  31-08-2026 12:40 via fibre2fashion.com
  
  Indian PTA prices decline by ₹1.50 per kg to ₹93.90, while MEG holds at ₹69.70 and polyester melt falls to ₹104.44 from the previous week’s highs.POY prices rise by ₹2 per kg across deniers and lustres as producers pass on earlier PTA and melt cost increases.CFR China PTA and MEG fluctuate sharply, with MEG losing $65 per tonne from its August 25 peak by August 28.
  
  Read more

• China may grow at 4% or more over 1-2 years: S&P Report

  31-08-2026 12:40 via fibre2fashion.com
  
  China will likely continue to grow at 4 per cent or more over one to two years, staying resilient to the energy crisis and trade frictions, S&P Global Ratings said.
  It affirmed its 'A+' long-term and 'A-1' short-term foreign and local currency sovereign credit ratings on China.
  The outlook on the long-term rating is stable.
  The renminbi’s rising use will bolster external financial resilience, it noted.
  
  Read more

• €11 bn recycling bill is closing in on Europe’s $63 bn textile trade

  31-08-2026 12:40 via fibre2fashion.com
  
  Europe is less than 20 months from a textile EPR deadline, but recycling remains far from economic scale.
  BCG/ReHubs says 15 per cent textile-to-textile recycling by 2035 needs €8-11 billion Capex and €5-6.5 billion annual OPEX.TexPro shows nearly $62.7 billion of apparel and home textiles entered the EU27 from non-EU suppliers in January-May 2026.
  
  Read more

• RMG sector faces stiffer competition, rising costs: Bangladesh Bank

  29-08-2026 19:57 via fibre2fashion.com
  
  Bangladesh’s RMG exports rose by 11 per cent YoY to $10.10 billion during Q4 FY26, the Bangladesh Bank’s quarterly review of the sector said.The central bank cautioned that the sector faces rising production costs and stiffer competition from rival exporting countries amid persistent global economic uncertainty and geopolitical tensions.The near-term outlook for the sector is moderately positive.
  
  Read more

• Euro area M3 growth rises to 3.4% in July 2026

  29-08-2026 19:57 via fibre2fashion.com
  
  Euro area broad money M3 grew 3.4 per cent in July 2026, after 3.3 per cent in June, with the three-month average at 3.2 per cent.
  Adjusted loans to non-financial corporations rose 4.4 per cent, signalling credit conditions relevant to suppliers and buyers.
  Household loan growth edged to 3.1 per cent, while M1 eased to 3.1 per cent from 3.5 per cent.
  
  Read more

• Philippines growth forecast falls as exports offer support

  29-08-2026 19:57 via fibre2fashion.com
  
  AMRO sees Philippine growth easing to 3.4 per cent in 2026, with inflation rising to 5.4 per cent as demand weakens.
  Exports and remittances offer support, but apparel sourcing teams face peso pressure, higher energy import bills and softer demand.
  Risks include energy prices, extreme weather and delayed public investment; policy is set to stay data-dependent on inflation.
  
  Read more

• Higher LNG prices, supply shortages compound Bangladesh gas crisis

  29-08-2026 19:57 via fibre2fashion.com
  
  The deepening gas and electricity crises in Bangladesh have been compounded by a sharp rise in global LNG prices and supply shortages coinciding with high power demand.Industrial production has been severely hit, with 70 per cent of the production capacity of gas-dependent factories staying unutilised, pressuring the export sector.The energy crunch is no longer confined to power-intensive industries.
  
  Read more

• France's industrial producer prices accelerate 4.3% in July

  29-08-2026 19:57 via fibre2fashion.com
  
  French industrial producer prices rose 1.3 per cent month on month and 4.3 per cent year on year in July 2026, extending June’s acceleration.
  Home-market prices rebounded while foreign-market prices slowed monthly but rose faster annually, affecting export pricing signals.
  Import prices of industrial products increased 0.8 per cent over a month and 6.6 per cent over a year.
  
  Read more

Follow @NewslockFashion on Twitter!