Fashion
Germany’s wholesale prices edge up 0.5% annually, slip monthly
The year-over-year (YoY) rise was mainly driven by higher prices for food, beverages and tobacco (3.5 per cent), particularly coffee, tea, cocoa and spices (16 per cent), sugar, confectionery and bakery products (15 per cent), meat and meat products (9.4 per cent), live animals (8.4 per cent) and dairy, eggs, fats and oils (7.3 per cent). Non-ferrous ores, metals and semi-finished products also saw a significant 17.6 per cent annual rise, Destasis said in a press release.
On a monthly basis, prices fell for coffee, tea, cocoa and spices (-6.2 per cent), live animals (-2.4 per cent), non-ferrous metals (-1.5 per cent), and dairy products (-0.4 per cent). Mineral oil products, however, rose 2 per cent from June despite a 5.7 per cent annual drop.
Germany’s wholesale prices in July 2025 rose 0.5 per cent year-on-year but dipped 0.1 per cent from June, as per Destatis.
Gains were led by food, beverages and tobacco, non-ferrous metals, and bakery products.
Monthly falls occurred in coffee, live animals, and dairy, while mineral oil products rose.
Waste, scrap, iron, steel, and computers saw notable annual price declines.
Waste and scrap (-9 per cent YoY), iron and steel (-5.6 per cent YoY) and computers (-4.8 per cent YoY) continued to record notable annual declines.
Fibre2Fashion News Desk (SG)
Fashion
US’ Old Navy launches little navy, a new newborn essentials collection
“We designed this collection with parents in mind. Shopping for a newborn, as a gift or for your own, should feel joyful and easy. Everything is intended to be mixed together and matched — it’s fun, it’s emotional, and the value is incredible.”. – Sarah Holme, Head of Design & Product Development for Old Navy.
Old Navy has introduced Little Navy, a new collection of newborn essentials designed to simplify early-stage shopping and gifting.
The range includes layettes, hats, booties and mix-and-match basics in soft, seasonless colours and cosy fabrics.
Sized for babies up to 24 months, the line focuses on comfort, versatility, emotional appeal and strong value for modern parents.
Little Navy goes beyond onesies, offering layettes, hats, booties, and more, all in one convenient collection and no extra searching required. It features a soft, seasonless color palette, cozy fabrics, and versatile styles made for newborns and babies up to 24 months, with sizing that allows Little Navy to grow with baby.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
Fashion
Bangladesh’s BGMEA seeks policy reforms, release of pending incentives
They said bank audit procedures have stalled numerous applications. Around Tk 57 billion in incentives for the textile and apparel sector remain unsettled in fiscal 2025-26, creating acute liquidity pressure and affecting exports.
Bangladesh trade body BGMEA representatives recently met Finance Minister Amir Khasru Mahmud Chowdhury and urged him to release pending cash incentives without waiting for quarterly release schedules and simplify the disbursement process.
They said bank audit procedures have stalled numerous applications.
They also raised concerns over loan rescheduling and working capital.
The authorities were requested to disburse incentives upon application submission instead of waiting for quarterly release schedules, according to a release from the trade body.
BGMEA vice president Mohammad Shihab Uddoja Chowdhury raised concerns over loan rescheduling and working capital. He said banks often reschedule loans to maintain non-performing loan ratios, but fail to provide the working capital factories need to resume operations.
He proposed that banks pair rescheduling with working capital support to create a win-win outcome, allowing factories to operate and repay loans. The finance minister agreed with the proposal.
BGMEA leaders also called for business facilitation and lower operational costs to help Bangladesh remain competitive in the global market. They sought policy support to remove obstacles in customs, ports and other administrative layers and to ensure an investment-friendly environment.
Fibre2Fashion News Desk (DS)
Fashion
Bangladesh’s CPD calls for reforms in biz & tax climate, trade deals
Bangladesh think tank Centre for Policy Dialogue has called for major reforms in business environment, tax collection, trade deals and FDI management, cautioning that the country’s post-election economic transition may be at risk without evidence-based decisions and strong accountability.
A CPD study identified ‘leaking revenue’ as the weakest area across all decision-making indicators.
Source link
-
Politics1 week agoPakistan carries out precision strikes on seven militant hideouts in Afghanistan
-
Tech1 week agoThese Cheap Noise-Cancelling Sony Headphones Are Even Cheaper Right Now
-
Business6 days agoHouseholds set for lower energy bills amid price cap shake-up
-
Entertainment1 week agoTalking minerals and megawatts
-
Business6 days agoLucid widely misses earnings expectations, forecasts continued EV growth in 2026
-
Sports1 week agoSouth Africa thrash India by 76 runs in T20 World Cup Super 8 – SUCH TV
-
Business1 week agoHaryana Govt bars IDFC First Bank, AU Small Finance Bank over alleged Rs 590 crore fraud
-
Sports7 days agoTop 50 USMNT players of 2026, ranked by club form: USMNT Player Performance Index returns
