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Russia

Biden Ratchets Up Tensions With Russia and China

President Joe Biden has announced new sanctions against Russia and others aiding in its offensive against…

Is Fashion Funding War In Ukraine?

A new report suggests how fashion's "growing reliance" on "climate-wrecking fossil fuels" funds "Putin's…

Gap Explains Why Russia Shipments Continued After Ban

Reuters found more than $5 million in merchandise was sent to Moscow between March and July.

Zara Owner Offloads Russian Business

It's official: Inditex is out of Russia. But maybe not for good.

Adidas Reports $307 Million in Lost Sales

The athleticwear and footwear giant grew currency-neutral sales 4 percent to $5.73 billion, even as China…

H&M CEO on Russia Exit: ‘Impossible’ to Operate Through Ukraine War

The retailer is temporarily reopening physical stores in Russia for a limited time to clear through inventory.

In “Dynamic” Market, Levi Strauss Sees Revenue Rise

Levi Strauss reaffirmed expectations for fiscal 2022, with net revenue growth of 11 percent to 13 percent to…

H&M Firing on All Cylinders

As transportation and raw materials costs rise and inflation looms, the retailer plans to continue raising…

Nike to Fully Exit Russian Market in ‘Coming Months’

"NIKE, Inc. has made the decision to leave the Russian marketplace," the company said in a statement.

Nike Cuts Ties With Russian Franchisees

Nike had decided to not renew its franchise agreements with Inventive Retail Group and Yar LLC, the Russian…

No End to Pressures ‘Reshaping Global Supply Chains,’ UBS Analyst Says

Last year's supply chain reshuffling resulted in market share changes in Asian economies' trade activity.

Maersk Eats $718 Million in Russia Exit

The company completed its last call to a Russian port Monday and is working on selling off its terminal and…

Why Fashion Must Prepare for ‘Deglobalized’ World

Experts are scrambling to decode a volatile climate and the stark economic realities for firms struggling…

The Polo. The Fleece. The Tee: The Sartorial Statement Behind Crisis Clothing

Adopting a "crisis uniform" isn't an accident. Just ask Chris Christie, Andrew Cuomo or Volodymyr Zelensky.

Amid Economic Challenges, Sri Lanka’s Garment Industry Soldiers On

Resilience, creativity and talent will be critical to surmounting Sri Lanka's challenges, its apex apparel…