Fashion
The pros and cons of India’s revised GST
The tax is by design largely a pass-through on imports for registered businesses.
A flat 5 per cent rate on synthetic fibres and yarns will correct years of distortion.
The structural drivers of imports remain untouched.
Faster refunds give domestic weavers and knitters the ability to quote more aggressively.
Competitiveness gains, not import curbs, will be the true outcome.
Source link
Across FY26–FY28, Tapestry expects adjusted free cash flow of $4 billion. The company reaffirmed its previously issued FY26 outlook, provided with its fourth-quarter results in August, which remains unchanged.
Tapestry, Inc has outlined its long-term growth strategy, projecting mid-single-digit annual revenue growth, operating margin expansion above 22 per cent, and low double-digit EPS growth in FY27–FY28.
It expects $4 billion in free cash flow across FY26–FY28, all returned to shareholders via dividends and buybacks.
Coach targets $10 billion revenue, while Kate Spade to return to profitability in FY27.
By brand, Coach is expected to achieve a three-year mid-single-digit revenue CAGR, with margins expanding to the mid-30 per cent range. The company also set an ambition for Coach to reach $10 billion in revenue. Kate Spade is forecast to return to profitable topline growth in FY27, accelerating to mid-single-digit revenue growth and a high single-digit margin in FY28, Tapestry said in a press release.
“Our focused strategies and consistent execution position us to generate compounding growth. We expect to deliver durable mid-single digit revenue gains annually, expand our operating margins, and achieve double-digit earnings per share growth in fiscal years 2027 and 2028,” said Scott Roe, chief financial officer (CFO) and chief operating officer (COO) of Tapestry, Inc.
The company also planned to return $4 billion to shareholders by fiscal 2028, representing 100 per cent of its adjusted free cash flow over FY26–FY28. The company expects to maintain an annual dividend of $1.60 per share in FY26, with future increases aligned to earnings growth and a payout ratio of about 30 per cent. It also aims to repurchase roughly $3 billion in stock under a newly authorised buyback programme.
Tapestry unveiled these long-term financial targets in its 2025 Investor Day along with the ‘Amplify’ growth strategy, aiming to deliver durable, profitable growth and strong shareholder returns over the next three years.
It said that the growth strategy will be built around four key pillars: Building emotional connections with consumers by focusing on Gen Z to drive brand love and lifetime value; fuelling fashion innovation and product excellence with leadership in handbags and leathergoods and expanding into footwear; delivering compelling experiences to sustain North American growth while accelerating momentum in Greater China and Europe; and igniting the power of its people by fostering a forward-looking, consumer-obsessed culture.
“Tapestry is a consumer-obsessed, data-driven organisation, driving meaningful durable growth. From this strong foundation, we are introducing our Amplify plan, building on our proven strategies to bring our iconic brands to new generations of consumers. We are confident that our strengths are structural, and that our innovation, creativity, and brand-building capabilities will deliver significant value for our customers, employees, and shareholders for years to come,” said Joanne Crevoiserat, chief executive officer (CEO) at Tapestry, Inc.
Fibre2Fashion News Desk (SG)
Translated by
Nazia BIBI KEENOO
Published
September 22, 2025
Textile Exchange‘s annual report indicates that global fibre production is expected to remain on an upward trajectory in 2024, with synthetic fibres steadily widening the gap with natural materials, while cellulosic (wood-pulp-based) fibres are expected to hold steady. The share of recycled fibres has not increased either, except in the wool market.
In 2024, the volume of fibre produced worldwide rose by 6.5% to 132 million tonnes. Synthetic fibres accounted for 69% of this total, up nine points on the 2020 level, with polyester alone accounting for 59%.
Having already reached a 57% share in 2023, polyester continued to gain ground, reaching a total of 78 million tonnes in 2024. Production of recycled polyester increased from 8.9 to 9.3 million tonnes. Polyamide (nylon), the second most-produced synthetic fibre, accounts for just 5% of global fibre production.
Whereas cotton accounted for 20% of fibre production in 2023, it fell to 19% in 2024, with 24.1 million tonnes of virgin cotton. Textile Exchange notes, however, that 34% of cotton produced is now certified to sustainability standards, compared with 28% the previous year. The share of recycled cotton remains stable at 1%, at 300,000 tonnes.
Other plant-based fibres account for 6.9 million tonnes of production. This market is dominated by jute (54%), followed by cotton fibre (26%), flax (5%), and hemp (5%). These two bast fibres, flax and hemp, thus account for 0.3% and 0.2%, respectively, of global fibre production.
Cellulosics, the third major fibre family (obtained through the chemical transformation of plant-based raw materials), maintained their market share, with viscose, acetate, lyocell, modal and cupro accounting for 6% of global fibre production, at 8.4 million tonnes (+6.4%). However, over the past year, the market share of recycled cellulosics has increased, rising from 0.7% to 1.1%, or 90,000 tonnes.
Nearly 70% of this sector’s production is now covered by the FSC (Forest Stewardship Council) and PEFC (Programme for the Endorsement of Forest Certification) forest certification programmes.
Animal fibres still account for only 1% of global fibre production, of which wool captures 0.9%, with 1.98 million tonnes of virgin wool. Within this market, the share of recycled wool has risen from 6% to 7%, with 83,000 tonnes. Cashmere (0.02%), mohair (0.004%) and alpaca (0.005%) have maintained their market shares in global fibre production.
Still within animal-derived materials, global down production rose from 626,000 to 659,000 tonnes, with ducks accounting for nearly 90%. The share of recycled down in this market is only 1%.
Although it is not a fibre, Textile Exchange does not overlook leather. Around 13.8 million tonnes were produced last year, from approximately 1.6 million animals. Global production last year comprised 9.4 million tonnes of sheep skins and 2.2 million tonnes of sheepskins. These figures are in addition to 11.5 million tonnes of goat skins and 800,000 tonnes of buffalo skins.
Excluding fibres, the report estimates global rubber production at 15 million tonnes in 2024. The share of production carried out under the FSC and PEFC forest certification programmes rose over the year from 2.9% to 3.2%.
This article is an automatic translation.
Click here to read the original article.
Copyright © 2025 FashionNetwork.com All rights reserved.
Baggy is no longer just a trend; it’s a shift in how people want to wear their denim. The Levi’s brand embraces this with a modern take on loose fits that feel effortless yet intentional. From relaxed jeans to oversized layers, these silhouettes make a statement without trying too hard. This season, baggy is about redefining comfort, confidence and personal style on one’s own terms.
Levi’s unveils ‘Easy in Levi’s’, fronted by Alia Bhatt and Diljit Dosanjh, celebrating a cultural shift towards loose, effortless denim.
The campaign highlights new silhouettes like Baggy Dad Barrel, XL Straight, 578 Baggy, and Extra Baggy, combining ease, movement, and confidence, redefining personal style with modern, oversized fits that reflect freedom, creativity, and self-expression.
Alia Bhatt brings her signature authenticity and global style sensibility to her first campaign for the Levi’s brand. Leading the women’s denim narrative, she wears the Baggy Dad Barrel, a fresh take on a cult favorite with its sculpted ease, curved outseam, and slouchy attitude. Also featured is the XL Straight, a clean, 90s-inspired silhouette with a strong, minimal presence that feels both nostalgic and current. These two fits join the brand’s much loved ’94 Baggy and High Loose that lean into the loose and relaxed trend with a flattering silhouette.
Diljit Dosanjh returns with his unmistakable flair, continuing to champion freedom of movement and individuality through denim. He takes on the 578 Baggy, a laid-back fit with relaxed proportions and stacked detail as well as the Extra Baggy, an exaggerated silhouette that blends expression and ease in equal measure. Rooted in the streetwear aesthetic and embraced by a new generation, the Extra Baggy redefines comfort and confidence, offering room to move while making a bold style statement. With its oversized proportions and effortless drape, it embodies the cultural shift towards fluidity, creativity, and personal freedom in fashion today.
With Alia Bhatt and Diljit Dosanjh at the helm, Easy in Levi’s captures a cultural shift that embraces silhouettes designed for individuality and ease. It’s about comfort that doesn’t compromise on personal style. The rise of baggy signals a move toward self-expression that prioritizes ease over restriction, confidence over conformity. Today’s denim wearers aren’t looking to fit in, they’re dressing to stand out, to move freely, and to feel like their most authentic selves. Baggy fits embody that energy: relaxed, self-assured, and unapologetically bold. It continues to be a silhouette that doesn’t just follow trends but leads a cultural reset in how one wears their denim.
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)
WIRED Roundup: The Right Embraces Cancel Culture
VaTech proposes adding $229M for athletics
US lawmakers hold rare talks with Chinese defence minister
-
Tech1 week agoHow to Switch to Google Fi
-
Tech1 week agoThe Top 11 Protein Powders, According to My Stomach
-
Tech1 week agoThe Hypershell Pro X Exoskeleton Made My Hikes Feel Easier—Then I Checked My Stats
-
Fashion1 week agoUK retailer ASOS & ITF sign deal to protect transport workers’ rights
-
Tech1 week agoThe MOTIF Hand: A tool advancing the capabilities of previous robot hand technology
-
Tech7 days agoHow AI Is Upending Politics, Tech, the Media, and More
-
Fashion1 week agoGHG emissions hit record high in 2024 despite declines in EU, Japan
-
Fashion6 days agoIndia’s new GST makes artisan-made ethnic wear costlier