Fashion
UK’s Sosandar Q3 FY26 revenue rises 10% to $18.09 mn
The company continued to see strong momentum in its own website, where revenue rose 27 per cent year on year (YoY), supported by higher site traffic, improved conversion rates and increased order volumes from both new and existing customers. The gross margin improved to 66 per cent, compared with 64.7 per cent in the same period of FY25, driven by an improved intake margin, Sosandar said in a press release.
Sosandar plc has posted a 10 per cent rise in Q3 FY26 revenue to £13.4 million (~$18.09 million), driven by a 27 per cent surge in own-site sales and improved margins.
Gross margin rose to 66 per cent, while net cash reached £9.7 million (~$13.10 million).
Trading remained in line with expectations, with full-year revenue forecast at £43.6 million (~$58.86 million).
The company said its partnership with Marks & Spencer (M&S) continues to trade with stock levels below the prior year following a cyber incident, with stock levels expected to normalise by Spring 2026. Performance through physical stores was also encouraging, with sales ahead of the prior year.
The group ended the period with strong net cash of £9.7 million (~$13.1 million) as of January 9, 2026, compared with £9.5 million on November 22, 2025, after returning £0.8 million to shareholders through market purchases of the company’s shares.
Q3 performance was in line with management expectations and remains on track to meet market expectations for the full fiscal. The current market forecasts for full fiscal ending March 31, 2026, are revenues of £43.6 million (~$58.86 million) and profit before tax of £0.4 million.
Strong H1 momentum carried into the second half (H2), lifting Q3 revenue by 10 per cent YoY to £13.4 million from £12.2 million. This was driven mainly by Sosandar’s own site, the cornerstone of its brand, where revenue surged 27 per cent on the back of higher traffic, stronger conversion and rising order volumes.
“We are pleased to see the positive momentum has continued into the second half of the financial year, with continued revenue growth and improved margins. The foundations have been laid for sustained profitable and cash-generative growth and we are excited for what 2026 will bring,” said Ali Hall and Julie Lavington, joint-CEOs of Sosandar plc.
Fibre2Fashion News Desk (SG)
Fashion
North India cotton yarn prices rise as mills gain pricing power
The Delhi cotton yarn market witnessed price rise of ****;*–* per kg over the past couple of days. Mills are raising cotton yarn prices to pass on increase in cotton prices. However, consumer industry feels that spinning mills are increasing cotton yarn prices disproportionately. A trader from Delhi market told Fibre*Fashion, “Spinning mills have booked their production for the next **–** days in the export market. Therefore, they face minimal pressure to sell cotton yarn in the domestic market and are quoting higher prices for the local consumer industry.”
In Delhi, ** count combed knitting yarn was traded at ****;***–***(~$*.**–*.**) per kg (GST extra), ** count combed at ****;***–*** (~$*.**–*.**) per kg, ** count carded at ****;***–*** (~$*.**–*.**) per kg, and ** count carded at ****;***–*** (~$*.**–*.**) per kg today, according to market sources.
Fashion
Finalise Bangladesh’s textile-RMG circular economy strategy: Experts
The call came at a national consultation in Dhaka on the draft Bangladesh National Strategy on Circular Economy for the sector.
Bangladesh government officials, industry leaders and sustainability experts recently called for finalising a national circular economy strategy for the textile and RMG sector as that is essential to protect competitiveness in the global apparel market.
They emphasised the need to embed circular practices across the entire value chain while improving transparency and building institutional capacity.
The event was organised by the United Nations Industrial Development Organisation (UNIDO) and the country’s Ministry of Commerce, in collaboration with Chatham House, under the Switch to Circular Economy Value Chains (SWITCH2CE) project, co-funded by the European Union (EU) and Finland.
SWITCH2CE project partner Chatham House worked with two leading national research organisations in Bangladesh to conduct two policy level research, and lessons from the pilot projects outlined future steps to foster a national circular textile strategy for Bangladesh, a release from SWITCH2CE said.
Through SWITCH2CE, technical support has been provided by Chatham House and a diverse network of partners, including international brands, research institutions, and financing organisations, working alongside local industry actors and technology providers.
Participants emphasised the need to embed circular practices across the entire value chain—from design and production to waste recycling—while improving transparency and building institutional capacity.
They emphasised policy recommendations to formalise and scale circular approaches across the entire value chain—from design and production to textile waste recycling—while improving traceability and building institutional and financial capacity.
Discussions also addressed challenges in blended fiber recycling, transparent supply chains, and the need for coordinated efforts to build a sustainable textile ecosystem by adopting a national circular strategy.
Fibre2Fashion News Desk (DS)
Fashion
UNCTAD, Maritime and Port Authority of Singapore launch partnership
Singapore, one of the world’s most connected and efficient port hubs, offers a platform for testing and deploying innovations in areas such as cleaner fuels and digital technologies. UNCTAD complements this with global reach, policy expertise and hands-on support to developing countries.
UNCTAD and the Maritime and Port Authority of Singapore have launched a partnership to support the transition toward more sustainable, resilient and inclusive maritime transport systems.
They will promote adoption of alternative fuels and digital solutions across ports and shipping networks.
Efforts will focus on approaches that can be adapted to different national contexts.
Under the agreement, the partners will promote adoption of alternative fuels and digital solutions across ports and shipping networks. Efforts will focus on approaches that can be adapted to different national contexts, alongside knowledge-sharing in sustainable finance, digital innovation and workforce development.
“This partnership brings together Singapore’s operational excellence and UNCTAD’s global development expertise,” said Pedro Manuel Moreno, acting secretary general of UNCTAD.
“It will help accelerate a maritime transition that is not only greener and more efficient, but also resilient and inclusive—while contributing to global discussions at the UN Global Supply Chain Forum 2026,” he noted.
As pressure mounts to decarbonise ports, they face a complex balancing act: reducing emissions while keeping trade flowing efficiently and competitively, according to the UNCTAD, which recently said that challenge is turning more urgent as global supply chains navigate renewed uncertainty.
Recent tensions affecting key maritime chokepoints, including the Strait of Hormuz, have highlighted the risks of continued reliance on fossil fuels in global shipping. Volatility in energy markets and disruptions to shipping routes are reinforcing the case for alternative fuels and more resilient port infrastructure, UNCTAD said in a release.
A central priority of the partnership is ensuring that the maritime transition is inclusive.
Developing countries, many of which depend heavily on maritime trade, often face constraints in financing, technology and skills. The initiative will support these countries through training, advisory services and institutional strengthening.
Building on UNCTAD’s long-standing work with port communities, the partnership aims at improving port performance, strengthening connectivity and enhancing preparedness for disruptions.
The initiative will also contribute to preparations for the 2nd UN Global Supply Chain Forum taking place in late 2026, where policymakers, industry leaders and international organizations will address the future of trade logistics and resilience.
Fibre2Fashion News Desk (DS)
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