Madrid-based fashion tradeshow Momad has postponed its next edition to February 2021, with Ifema and the organising committee aiming to hold the event in a “strengthened economic environment”.

​German sports giant Adidas said on Thursday it expects to bounce back to profitability in the third quarter after it plunged to a big loss in the second quarter when most of its stores were closed due to lockdowns.

​Lifestyle fashion brand Joules reported its preliminary annual results on Thursday and despite the numbers including its toughest trading period ever that resulted in a pre-tax loss, seemed upbeat.

The value of the world textile trade decreased by 2.4 per cent year-on-year to $305 billion, while apparel trade dropped 0.4 per cent.

Retail sales volumes in the eurozone rebounded in June to levels seen in February before lockdowns, official estimates showed on Wednesday, completing a recovery that began in May after record drops in March and April.

Fashion giant Inditex has pledged to maintain workers' rights throughout its supply chains and the stability of payments to suppliers, as the garment industry wrestled with a plunge in orders during the COVID-19 crisis.

​US-based fashion retailer Express Inc said on Tuesday that it has seen a “second consecutive month of positive e-commerce demand coupled with the apparent stabilisation in store sales and traffic”.

A fresh wave of COVID-19 may worsen the situation of Vietnam’s textile and footwear industries, still reeling from the impact of the first.

Chico’s FAS Canada, a subsidiary of US women's clothing and accessories retailer Chico’s FAS, has filed for bankruptcy in Ontario, saying it plans to permanently close all 10 of its stores in the country.

VF Corporation has appointed Winnie Ma as president, Greater China. She will report to Kevin Bailey, executive vice president & group president, APAC and Emerging Brands.

German sportswear firm Adidas on Tuesday said its supervisory board had extended the contract of Chief Executive Kasper Rorsted.

​The weather played less of a part than usual in sales at Fast Retailing’s Uniqlo chain during July with the company saying on Tuesday that its Japanese  sales (including online) rose 4.7% year-on-year during the month.

​Spanish fashion retail giant Mango said that sales in some main European markets are recovering fast and are “very close to the sales levels in the first semester of 2019," which was a year of record sales.

​Men’s Wearhouse owner Tailored Brands has filed for bankruptcy, adding to a list of bricks-and-mortar retailers that have succumbed to the economic fallout from the Covid-19 crisis.

Vans is bringing out a line of ready-to-wear, shoes, and accessories evoking one of the most famous families on the planet. No, not the Kardashians… the Simpsons.

HanesBrands, a US-based global marketer of branded everyday basic apparel, reported only a 1.3% decline in its net sales to $1.73bn during Q2, and net income for the quarter rose to $161.8m from $149.5m.