Fashion
ICE cotton futures ease as harvest progress matches 5-year average
ICE’s most active December 2025 contract settled at 66.22 cents per pound (0.453 kg), down 0.07 cent. The contract hit an intraday low of 66.11 cents, its weakest level since September 8. Other contracts closed between 62 points lower and 4 points higher.
ICE cotton futures slipped after touching a two-week low, with December 2025 settling at 66.22 cents per pound.
Improved US harvest progress, now at 12 per cent, and weak grain markets pressured sentiment, partly offset by a softer US dollar.
Analysts said demand remains steady, but traders stay cautious ahead of peak harvest.
Brazil’s September exports fell 13.61 per cent year-on-year.
A weaker US dollar, which ended a three-day winning streak against the euro and Swiss franc, lent some support to cotton. However, falling crude oil prices exerted downward pressure, as lower polyester production costs weighed on sentiment.
Total trading volume stood at 32,669 contracts, compared with 27,722 on Friday. Average daily volume for the week was 32,928 contracts. CFTC data showed speculators cut net short positions by 9,139 contracts, leaving 65,507 contracts short as of September 16. ICE-certified deliverable cotton stocks were unchanged at 15,474 bales as of September 19.
US harvest progress reached 12 per cent, up from 9 per cent last week and matching the five-year average, though slightly behind 13 per cent last year. USDA’s weekly crop progress report pegged cotton quality at 47 per cent, down from 52 per cent last week but above 37 per cent a year earlier.
Analysts said demand expectations remain decent, but traders are cautious ahead of the main harvest.
Brazil’s Secex reported exports of 104,616.47 tons in the first three weeks of September, averaging 6,974.43 tons per day, down 13.61 per cent from last year’s 8,073.20 tons per day.
US stock markets saw all three major indices hit record highs for the third consecutive day, supported by an interest rate cut and expectations of further easing in 2025. Wheat futures hit a new contract low on uncertainty over Chinese demand, while CBOT soybean futures fell to a six-week low amid a weak US export outlook.
Currently, ICE cotton for December 2025 is trading at 66.16 cents per pound (down 0.06 cent), cash cotton at 64.22 cents (down 0.07 cent), the October 2025 contract at 64.32 cents (down 0.62 cent), the March 2026 contract at 68.08 cents (down 0.10 cent), the May 2026 contract at 69.49 cents (down 0.08 cent) and the July 2026 contract at 70.59 cents (down 0.01 cent). A few contracts remained at their previous closing levels, with no trading recorded today.
Fibre2Fashion News Desk (KUL)
Standout pieces include a black embellished velvet kimono-style jacket with matching trousers, a black open-back sleeveless satin top with velvet tie at the neck and sheer balloon trousers with velvet side panels, a range of decadent draped dresses and tops, and a sharp double-breasted black tuxedo with a black waterfall bandeau top.
H&M’s Holiday 2025 collection celebrates opulence with a high-fashion edge, featuring velvet, satin, faux fur and leather across dramatic silhouettes, statement knits and sharp tailoring.
With rich hues and bold textures, the range for women, men and kids embodies elevated festive glamour.
Launches in select stores and online from November 6, 2025.
“There’s a real party mood this holiday season, but in a more lavish, sensual way. Everything feels elevated – luxe fabrics like velvet, satin, faux fur and leather, elaborate draping, slim suits and hyper-textured knits. The look is powerful and exquisite at the same time. Each piece from the collection is worthy of a moment,” says Eliana Masgalos Duarte, Womenswear Design Director at H&M.
The colour palette is rich and restrained with black, white, grey, browns, burgundy and mossy greens. Textures are key, from luxe velvet, lurex and sequins in new techniques to faux fur, shearling, leather, and brushed knits, loop knits and tassels.
For accessories, faux fur reigns supreme, from bags and shoes to hats, while jewellery is big and bold.
For the Holiday 2025 menswear, there’s a similar confidence and opulence, though more relaxed in silhouette. Sartorial ease comes in the form of hairy textures, subtle sheen and velvet touch denim. Key pieces include a statement parka, a washed shearling jacket, cosy heritage knits and boxy pinstripe suits with drapey shirts. The blend of timeless craftsmanship and modern versatility makes the collection smart and stylish.
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)
“Dave’s leadership, financial discipline, and unwavering commitment have been instrumental in shaping Under Armour’s success and resilience over more than two decades,” said Kevin Plank, Under Armour President and CEO. “As we enter a crucial time for the brand, we are deeply thankful for his many contributions and his partnership in ensuring a smooth transition. Reza brings a global perspective, strong financial expertise, and a strategic mindset that align perfectly with our goals for Under Armour’s next chapter. His leadership will be essential as we strengthen our foundation, drive growth, and unlock the full potential of our brand for athletes and shareholders around the world.”
Under Armour has appointed Reza Taleghani as EVP and CFO, effective February 2026, succeeding long-time CFO David Bergman, who will stay through Q1 FY2027 for transition.
Taleghani joins from Samsonite, where he led major financial and operational improvements.
He brings over 25 years of global finance experience to support Under Armour’s next growth phase.
“I am honored to join Under Armour at such a significant and energizing moment in its growth,” said Reza Taleghani. “This is an iconic company with a strong foundation, a passionate team, and an unwavering focus on performance and innovation. I look forward to working closely with Kevin and the leadership team to advance our strategic priorities, improve financial results, and create long-term value for our teammates, athletes, and shareholders.”
Reza Taleghani – Background
Mr. Taleghani has more than twenty-five years of global financial and operational leadership experience. He joins Under Armour from Samsonite Group S.A., where he has served as EVP and CFO since 2018, overseeing global finance, accounting, investor relations, treasury, internal audit, and mergers and acquisitions. During his tenure, he led major financial and operational transformations, resulting in record gross margins and EBITDA margins.
Before joining Samsonite, Mr. Taleghani served as President and CFO at Brightstar Corp., a SoftBank portfolio company, where he led its device protection and financial services divisions and managed key international acquisitions. He spent over 15 years at J.P. Morgan, holding senior roles in investment banking, commercial banking and asset management, and served as President and CEO of Sterling Airlines A/S in Copenhagen. Mr. Taleghani earned a JD/MBA from Villanova University and dual bachelor’s degrees from Brown University.
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)
Adidas has launched the 2026 home kits for 22 partner national teams ahead of FIFA World Cup 26, blending historic identity with modern design.
Each jersey reflects cultural heritage and is engineered for performance, featuring CLIMACOOL+ ventilation, body-mapped stretch fabrics and new lenticular crests for a bold, future-focused look.
Source link
Sweden’s H&M unveils opulent holiday 2025 partywear collection
The AI revolution has a power problem
Giants’ Dart suffers concussion in loss to Bears
-
Tech1 week agoGear News of the Week: Withings Launches Its Pee Scanner, and Samsung Shows Off a Trifold Phone
-
Sports1 week agoTudor’s Juve exit means McKennie must prove himself all over again
-
Business1 week agoAndy Jassy Reveals Real Reason Behind Amazon 14,000 Job Cuts — And It’s Not AI
-
Politics1 week agoPolitical violence kills almost 300 since Hasina’s fall: rights group
-
Politics1 week agoIran vows to rebuild nuclear sites ‘stronger than before’
-
Tech1 week agoStep Away From Screens With the Best Family Board Games
-
Sports1 week agoPakistani runners make their mark at Istanbul Marathon
-
Entertainment1 week agoPresident Zardari to attend Second World Summit for Social Development in Doha