Adidas has officially ended its use of kangaroo leather, following sustained advocacy by the Centre for a Humane Economy.
CEO Bjørn Gulden confirmed the decision, marking a major step for animal welfare.
The move follows years of global campaigning, with kangaroo kills in Australia dropping from 2 million to 1.3 million.
Advocates call it a milestone in ethical sourcing and corporate responsibility.

Nike on Wednesday said it would raise prices next week, charging up to $10 more for shoes currently costing more than $150, while keeping prices stable for products under $100. It is the biggest sportswear company by sales and market cap.

French shoppers could face higher costs on Shein purchases due to European Union’s proposed €2 handling fee on low-cost imports and a French bill penalising fast fashion. Shein warns prices may rise by €12 by 2030. The measures aim to address environmental impact and curb customs exemptions for cheap goods.

Canada Goose Inc has reported FY25 revenue of $1.35 billion, up 1.1 per cent YoY, with DTC sales rising 5.1 per cent and wholesale down 16.5 per cent.
Net income rose to $94.8 million, and gross margin improved to 69.9 per cent.
In Q4, revenue climbed 7.4 per cent to $384.6 million, with net income at $27.1 million.
CEO Dani Reiss highlighted strong retail execution and momentum heading into FY26.

India has become a key market for natural diamonds, surpassing China. De Beers focuses on India due to the growing preference for natural diamonds over lab-grown ones. The Indian market is expected to double by 2030. De Beers plans increased marketing investments and partnerships in India. While the US market leans towards lab-grown diamonds, India values natural diamonds as heirlooms.

Japan’s clothing and accessories imports rose by 5.2 per cent to 317.5 billion yen in the latest data, making up 3.4 per cent of total imports.
Imports and exports of textile yarn and fabric saw slight increases, while textile machinery exports rose by 3.4 per cent.
In fiscal 2024-25, clothing imports reached 3.76 trillion yen, fabric exports rose 6 per cent, but machinery exports fell 12.6 per cent.

VF Corporation has reported revenue of $9.5 billion in FY25, down 4 per cent YoY, with adjusted operating income of $556 million, marking a strong recovery from a prior loss.
Net debt was cut by $1.8 billion, reducing leverage to 4.1x.
The North Face and Timberland grew, while Vans and Dickies declined.
VF expects Q1 FY26 revenue to dip 3-5 per cent.

Dior, owned by LVMH, has settled an Italian antitrust investigation regarding misleading statements about supplier working conditions by committing to remedies, including a €2 million payment for labor exploitation initiatives. The investigation stemmed from concerns about discrepancies between the brand’s ethical claims and the reality of underpaid workers in its supply chain.

The footwear retailer will increase prices on apparel and equipment for adults between $2 and $10, while those priced between $100 and $150 will see a $5 hike, it said.

India is poised to strengthen its textile and apparel exports to Oman through the upcoming CEPA, potentially gaining cost advantage as tariffs drop to zero.
Despite past disadvantages compared to GCC rivals, India ranks among Oman’s top three suppliers.
The shift from proximity-based to cost- and value-driven sourcing may reduce exports from competitors like the UAE, China, Turkiye and Bangladesh.