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Published on 14:00 GMT

Lexin Delivers Strong Q1 2025 Results with Profit at a Three-Year High, Highlighting the Growing Strength of Its Multi-...

Shenzhen, China, May 22, 2025 (GLOBE NEWSWIRE) -- On May 22, LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading new-consumer digital technology service enabler in China, released its unaudited financial results for the first …

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Published on 13:36 GMT

Nike to raise prices for sports shoes and clothing in the US

Nike is set to raise prices on its athletic footwear and apparel in the US from the 1st of June, a few weeks after rival Adidas warned that US tariffs would force it to raise prices on its products. Nike did not explicitly state that it was raising prices …

Source: Baltic News Network - Neutral
Published on 10:25 GMT

Nike to raise prices as firms face tariffs uncertainty

Nike is set to raise prices on some trainers and clothing from 1 June, weeks after rival Adidas warned it would have to hike the cost of products due to US tariffs. The BBC understands Nike's decision was taken due to a number of internal and external …

Source: BBC - Public Broadcaster
Published on 13:19 GMT

Former boss of textile firm Sritex arrested for corruption

nvestigators from the Attorney General’s Office (AGO) have arrested Iwan Setiawan Lukminto, former president director of textile giant PT Sri Rejeki Isman (Sritex), for allegedly misappropriating funds received from several banks that caused nearly Rp 700 …

Source: The Jakarta Post - Neutral
Published on 07:34 GMT

Business : Malaysiaâ€™s Inflation Increased 1.4 Pct In April 2025 -- DOSM

KUALA LUMPUR, May 22 (Bernama) -- Malaysia’s headline inflation increased to 1.4 per cent in April 2025 with the consumer price index at 134.3 versus 132.4 the same month a year ago, according to the Statistics Department Malaysia (DOSM). In a statement …

Source: Bernama - Pro-Government
Published on 05:25 GMT

Nike hikes prices on sneakers and apparel, denies link to Trump’s tariffs

NEW YORK, May 22 — Athletic footwear and apparel giant Nike said yesterday it would raise prices on many items in the United States next month, but did not blame President Donald Trump’s tariffs for the move. “We regularly evaluate our business and make …

Source: Malay Mail - Neutral
Published on 04:15 GMT

Nike to raise US prices as firms face tariffs uncertainty

Nike is set to raise prices on some trainers and clothing in the US from early June, weeks after rival Adidas warned it would have to hike the cost of products due to tariffs. The sportswear giant did not name US tariffs explicitly as a reason for the …

Source: BBC - Public Broadcaster
Published on May 21, 2025

The fight against foreign diseases that could bring beef exports to a 'standstill'

In a Darwin agricultural centre, biosecurity officials and pastoralists are wargaming an emergency scenario — lumpy skin disease has just been detected on a remote territory cattle station and all of northern Australia is now at risk. Such a situation, or …

Source: ABC (Australian Broadcasting Corporation) - Neutral
Published on May 21, 2025

Mongolia and Indonesia Plan Visa-Free Travel

TEMPO.CO, Jakarta - Mongolian Foreign Minister Battsetseg Batmunkh has proposed a visa exemption agreement between Mongolia and Indonesia. This is a strategic move that aims to enhance bilateral relations between the two countries. This proposal was made …

Source: Tempo.co - Neutral
Published on May 21, 2025

Mountain Equipment Company’s Chris Speyer on Becoming an Owner and Go Forward Plans

Chris Speyer says his seven-year stint at REI, most recently as chief merchandising officer and senior vice president, has been the highlight of his professional career. But when he left to join Mountain Equipment Company (MEC) in his native Canada last …

Source: Shop Eat Surf - Neutral
Published on May 21, 2025

Indonesia’s Attorney-General’s Office arrests CEO of textile giant Sritex in corruption probe

Sritex was declared bankrupt at the end of 2024 after it struggled to service its debts.PHOTO: SRITEX JAKARTA – The president director of bankrupt Indonesian textile giant Sritex has been arrested as part of a corruption investigation, Indonesia's …

Source: The Straits Times - Pro-Government
Published on May 21, 2025

Attorney General's Office arrest CEO of textile giant Sritex

he president director of bankrupt textile giant Sritex has been arrested as part of a corruption investigation, the Attorney General's Office said on Wednesday. The AGO confirmed to Reuters that the arrest of Iwan Kurniawan Lukminto was due to alleged …

Source: The Jakarta Post - Neutral
Published on May 21, 2025

VF Corp misses quarterly revenue estimates as tariff uncertainty hits demand

-Apparel and footwear maker VF Corp on Wednesday missed fourth-quarter revenue estimates as a challenging macroeconomic environment dampened its consumer demand, sending its shares down about 11% in premarket trading. While the Denver, Colorado-based …

Source: Yahoo Finance - Center-left
Published on May 21, 2025

Timberland, Vans Parent VF Corp. Stock Sinks on Downbeat Sales Forecast

Jakub Porzycki / NurPhoto via Getty Images The North Face's parent company, VF Corp., reported fiscal fourth quarter results on Wednesday, May 21 VF Corp. shares tumbled in premarket trading Wednesday as the clothing maker's sales forecast was …

Source: Yahoo Finance - Center-left
Published on May 21, 2025

Indonesia’s Attorney General’s Office arrests CEO of textile giant Sritex

This is AI generated summarization, which may have errors. For context, always refer to the full article. Indonesia's Attorney General's Office arrests Iwan Kurniawan Lukminto due to alleged irregularities related to a bank loan provided to Sritex …

Source: Rappler - Neutral
Published on May 21, 2025

CEO of Indonesia’s textile giant Sritex arrested, local media reports

JAKARTA (Reuters) -The president director of Indonesian textile giant PT Sri Rejeki Isman, or Sritex, has been arrested, local media reported on Wednesday. The arrest of Iwan Kurniawan Lukminto was due to alleged corruption related to a bank loan given to …

Source: WIKY - Indiana - Pending
Published on May 21, 2025

CEO of Indonesia’s textile giant Sritex arrested over state bank loan scandal

JAKARTA, May 21 — The president director of bankrupt Indonesian textile giant Sritex has been arrested as part of a corruption investigation, local media reported today. The arrest of Iwan Kurniawan Lukminto was due to alleged irregularities related to a …

Source: Malay Mail - Neutral
Published on May 21, 2025

Will ASEAN’s New Industrial Era Bring Growth or Division?

Southeast Asia has undergone a remarkable economic transformation over the past few decades, becoming a key node in global manufacturing supply chains. Countries such as Indonesia, Thailand, Malaysia, Singapore, and the Philippines began their …

Source: The Diplomat - Neutral
Published on May 20, 2025

How Tariffs Impact Consumer Prices in the Clothing Industry

The United States has retained its position as the world’s largest economy by nominal GDP, second only to China in terms of purchasing power parity. With the US accounting for 26% of the global economy in nominal terms, it remains one of the biggest …

Source: The Clinton Courier - Mississippi - Pending

04 days 11:05:42

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Published on May 22, 2025 - 14:09 GMT

Elena Brovelli Showcases Textile Portal ‘Ligea’ at Milan Gala Supporting Women’s Health

Presented at Fondazione FIRA’s Milan Gala, Elena Brovelli’s textile Portal “Ligea” supports research on women’s autoimmune and rheumatological diseases. UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- Artist Elena Brovelli presented her …

Distribution channels: Culture, Society & Lifestyle, Textiles & Fabric Industry ...
Published on May 20, 2025 - 08:20 GMT

Pointcarré lance Design Maker V2, un logiciel révolutionnaire pour l'industrie textile

La société rennaise Pointcarré, avec le soutien de la Région Bretagne, propose un logiciel qui permet de transformer des dessins générés par IA en tissu. RENNES, ILLE ET VILAINE, FRANCE, May 20, 2025 /⁨EINPresswire.com⁩/ -- Une innovation majeure …

Distribution channels: Textiles & Fabric Industry ...

Published on May 20, 2025 - 17:15 GMT

Global Polyethylene Terephthalate (PET) Market Set for Steady Growth Through 2025-2035 Driven by Packaging Demand

The United States PET market, driven by beverage bottles, food packaging, and textiles, is projected to grow at a 3.4% CAGR from 2025 to 2035. NEWARK, DE, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- The global polyethylene terephthalate …

Distribution channels: Chemical Industry ...
Published on May 16, 2025 - 15:29 GMT

Natural Fiber Textile Development Workgroup to Meet May 22, 2025

The New York State Department of Agriculture and Markets 10B Airline Drive Albany, New York 12235 The Great New York State Fair 581 State Fair Boulevard Syracuse, New York 13209

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Published on May 22, 2025 - 05:58 GMT

In-Depth Analysis Of The Global Wool Market: Key Drivers, Trends, Growth Opportunities, And Forecast 2025-2034

The Business Research Company's In-Depth Analysis Of The Global Wool Market: Key Drivers, Trends, Growth Opportunities, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- The Business Research …

Distribution channels: Business & Economy, Companies ...
Published on May 22, 2025 - 05:59 GMT

In-Depth Analysis Of The Global Ceramic Membrane Market: Key Drivers, Trends, Growth, And Forecast 2025-2034

The Business Research Company's Ceramic Membrane Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- As highlighted in the report, the …

Distribution channels: Business & Economy, Chemical Industry ...
Published on May 22, 2025 - 11:04 GMT

DigiProd Pass signs MoU with BGMEA: Preparing Bangladesh’s Garment Supply Chain for EU Market Compliance

DigiProd Pass Ltd., Digital Architect, and BGMEA launch a pilot to implement blockchain-based Digital Product Passports in Bangladesh’s garment industry MANCHESTER, UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- DigiProd Pass Ltd. and …

Distribution channels: Textiles & Fabric Industry ...
Published on May 22, 2025 - 11:00 GMT

Roll Lifting Equipment Market to Hit $8.7 Billion by 2034 Amid Rising Demand in Construction, Manufacturing and ...

Luton, Bedfordshire, United Kingdom, May 22, 2025 (GLOBE NEWSWIRE) -- The global roll lifting equipment market is estimated to be valued at approximately $5.2 billion in 2024, with robust growth projected over the coming decade. By 2034, the market is …

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Textiles & Fabric Industry Press Releases

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Published on May 22, 2025 - 15:19 GMT

InventionHome® Product Developer Creates Support Device That Facilitates Comfort for Side Sleepers

PITTSBURGH, PA, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Andre T. of Clinton, MD is the creator of the Configurable Support Pillow Device, a specialized pillow with an L-shaped design to better accommodate side sleepers. With the …

Distribution channels: Companies, Consumer Goods ...
Published on May 22, 2025 - 14:33 GMT

MUTOH America Welcomes Noah Jones as New Marketing Manager

PHOENIX, AZ, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- MUTOH America, Inc., an industry leader in wide-format printers and cutting plotters, proudly announces the addition of Noah Jones as Marketing Manager, based at the company’s …

Distribution channels: Business & Economy, Companies ...
Published on May 22, 2025 - 14:09 GMT

Elena Brovelli Showcases Textile Portal ‘Ligea’ at Milan Gala Supporting Women’s Health

Presented at Fondazione FIRA’s Milan Gala, Elena Brovelli’s textile Portal “Ligea” supports research on women’s autoimmune and rheumatological diseases. UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- Artist Elena Brovelli presented her …

Distribution channels: Culture, Society & Lifestyle, Textiles & Fabric Industry ...
Published on May 22, 2025 - 13:00 GMT

Resource Depot Named Sustainable Business of the Year by Palm Beach North Chamber of Commerce

WEST PALM BEACH , FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Resource Depot, a non-profit creative reuse center dedicated to environmental sustainability and education, has been honored as the 2025 Sustainable Business of the Year by …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 22, 2025 - 11:04 GMT

DigiProd Pass signs MoU with BGMEA: Preparing Bangladesh’s Garment Supply Chain for EU Market Compliance

DigiProd Pass Ltd., Digital Architect, and BGMEA launch a pilot to implement blockchain-based Digital Product Passports in Bangladesh’s garment industry MANCHESTER, UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- DigiProd Pass Ltd. and …

Distribution channels: Textiles & Fabric Industry ...
Published on May 22, 2025 - 10:45 GMT

Lands' End Announces First Quarter 2025 Earnings Conference Call

DODGEVILLE, Wis., May 22, 2025 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Thursday, June 5, 2025, to discuss its first quarter 2025 financial results. A news release containing these …

Distribution channels: Culture, Society & Lifestyle, Textiles & Fabric Industry ...
Published on May 21, 2025 - 15:08 GMT

Stellar Cleaning Launches New Website, Brings Trusted Carpet and Upholstery Cleaning For Calgarians

Stellar Cleaning has launched its new website, making it easier than ever for Calgary residents to book reliable carpet and cleaning services online. CALGARY, ALBERTA, CANADA, May 21, 2025 /⁨EINPresswire.com⁩/ -- Stellar Cleaning has officially …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on May 21, 2025 - 10:00 GMT

GreenLab Appoints Dr. Cory Nykiforuk as Director of Manufacturing and Process Development

Dr. Nykiforuk has 24 years' experience in Ag/Biopharma Biotech, contributing to products in supplements, industrial enzymes, and more JONESBORO, AR, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- GreenLab, Inc. is pleased to announce …

Distribution channels: Energy Industry, Environment ...
Published on May 21, 2025 - 20:05 GMT

URBN Reports Record Q1 Sales and Income

PHILADELPHIA, May 21, 2025 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands including the Anthropologie, Free People, FP Movement, Urban …

Distribution channels: Business & Economy, Textiles & Fabric Industry ...
Published on May 20, 2025 - 18:00 GMT

Samuel Waxman Cancer Research Foundation Held 11th Annual Luncheon 2025

Luncheon Honored Susan Pernick and AKRIS Held a Live Fashion Presentation of their Spring/Summer 2025 collection NEW YORK, NY, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- The 11th Annual Waxman Luncheon, benefiting the Samuel Waxman …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 20, 2025 - 14:26 GMT

Snap-tite Hose Launches Grant Services Support Program for Fire Departments Nationwide

Program now offered to provide expert assistance to help fire departments nationwide secure critical funding for equipment and safety needs. ERIE, PA, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Snap-tite Hose, a leading manufacturer of …

Distribution channels: Business & Economy, Emergency Services ...
Published on May 20, 2025 - 08:20 GMT

Pointcarré lance Design Maker V2, un logiciel révolutionnaire pour l'industrie textile

La société rennaise Pointcarré, avec le soutien de la Région Bretagne, propose un logiciel qui permet de transformer des dessins générés par IA en tissu. RENNES, ILLE ET VILAINE, FRANCE, May 20, 2025 /⁨EINPresswire.com⁩/ -- Une innovation majeure …

Distribution channels: Textiles & Fabric Industry ...
Published on May 20, 2025 - 20:05 GMT

Stitch Fix Announces Date for Third Quarter 2025 Financial Results and Conference Call

SAN FRANCISCO, May 20, 2025 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that it will release financial results for its third quarter fiscal year 2025 ended May 3, 2025 after market close …

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Published on May 20, 2025 - 06:56 GMT

Countdown Begins for 2025 Los Angeles Kids Fashion Show: Empowering Young Dreamers on the Global Stage

Countdown Begins for 2025 Los Angeles Kids Fashion Show: Empowering Young Dreamers on the Global Stage LOS ANGELES , CA, UNITED STATES, May 19, 2025 /⁨EINPresswire.com⁩/ -- The runway lights are about to shine once more as the 2025 Los Angeles …

Distribution channels: Culture, Society & Lifestyle, International Organizations ...
Published on May 20, 2025 - 06:44 GMT

The Spout Packaging Global Market: Poised for Robust Growth, Trending Towards Eco-Friendly Designs

The Business Research Company's Spout Packaging Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 20, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest …

Distribution channels: Business & Economy, Companies ...
Published on May 19, 2025 - 23:45 GMT

Couture Pattern Museum Expands Educational Series with Solstiss, Stockman Masterclasses

Couture Pattern Museum Expands Haute Couture Educational Programming Digitally and In Person SANTA BARBARA, CA, UNITED STATES, May 19, 2025 /⁨EINPresswire.com⁩/ -- The Couture Pattern Museum in Santa Barbara, CA is expanding its educational …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 20, 2025 - 11:30 GMT

Victoria’s Secret & Co. Adopts Limited-Duration Shareholder Rights Plan

Board acted in response to substantial accumulation of stock by BBRC Protects long-term value for all shareholders REYNOLDSBURG, Ohio, May 20, 2025 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) today announced …

Distribution channels: Textiles & Fabric Industry ...
Published on May 19, 2025 - 18:00 GMT

Reistor Launches New Spring Collection Focused on Timeless Design and Responsible Fashion

Reistor is a women-led sustainable fashion brand creating timeless, eco-friendly clothing that blends style, comfort, and conscious living. CA, UNITED STATES, May 19, 2025 /⁨EINPresswire.com⁩/ -- Reistor, a sustainable fashion brand founded in …

Distribution channels: Culture, Society & Lifestyle, Textiles & Fabric Industry ...
Published on May 19, 2025 - 17:23 GMT

Turf Product Solutions Introduces Battery-Powered Turf Maintenance Tool Designed for Artificial Grass Care

Turf Product Solutions Introduces Battery-Powered Turf Maintenance Tool Designed for Artificial Grass Care CELINA, TX, UNITED STATES, May 19, 2025 /⁨EINPresswire.com⁩/ -- Turf Product Solutions, LLC announces the launch of the Turf Power Sweep, a …

Distribution channels: Amusement, Gaming & Casino, Building & Construction Industry ...
Published on May 19, 2025 - 16:41 GMT

InventionHome® Product Developer Creates Clip-On Pocket for Storing Small Items on Pocketless Clothing

PITTSBURGH, PA, UNITED STATES, May 19, 2025 /⁨EINPresswire.com⁩/ -- Amy O. of Sebring, OH is the creator of My Pocket, a new wearable accessory that brings convenience, security, and hands-free ease to everyday life. The independent pocket can be clipped …

Distribution channels: Companies, Consumer Goods ...