It ain't fashion, if it ain't sustainable
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TOP STORY
HSBC Downgrade / Nike Impact

28 April 2026

 7 minutes

The Sportswear Market Has Changed the Rules and the Biggest Players Are Exposed

Once a reliable proxy for global consumption growth, major sportswear labels now face a market in which scale and cultural recognition are no longer sufficient to guarantee investor confidence or competitive position.

The global sportswear market is entering a slower, more demanding phase. HSBC's decision to cut Nike from Buy to Hold, slashing its price target from US$90 to US$48, has focused investor attention on a sector where modest growth, rising tariff costs and intensifying competition are making inherited scale a less reliable advantage than it once was.

  • Subir Ghosh
 Analysis
Latest: Updates
Other Top Stories
Event Call / ITMA 2027 Feature
Textile start-ups face their decisive test after visibility, when early attention must become trials, funding, partnerships and adoption inside working production systems worldwide.

Start-Ups Cross the Valley Between Textile Visibility and Factory Adoption

  • Special Correspondent

27 April 2026
Fashion Footprint / Modavision Interview
Global fashion authority is shifting away from inherited capitals towards platforms that redistribute visibility, participation and cultural relevance across borders with greater openness today internationally.

Fashion Influence Is Moving Beyond the Capitals That Once Controlled It

  • Subir Ghosh

23 April 2026
 
ITMA 2027
Textiles Recycling Expo 2026
CIRCULARITY / RECYCLING / SECONDS / WASTE
Europe’s circular textile push is entering a harsher stage, where the test is no longer intent but whether strained systems can absorb waste, regulation and uneven market capacity.

Europe’s Textile Future Will Be Decided by Infrastructure, Not Intention

Textile circularity in Europe is entering a more demanding phase, as policy ambition collides with weak infrastructure and commercial uncertainty. At Antwerp’s SMART gathering, the discussion turns less on whether circular systems are needed than on whether reuse, sorting, recycling and trade can be made to function together under mounting regulatory and market pressure across the continent.

Special Correspondent
Global clothing debates often ignore the basic commercial truth that garments move because people actively choose to buy them.

Evidence Challenges Claims of Waste Hidden in Clothing Trade Flows

  • Special Correspondent
 Interview

16 April 2026
Textile recovery depends not only on what is collected but on whether the system receiving it has the capacity to distinguish value from waste at scale.

The Recycling System Was Not Built for What It Receives

  • Special Correspondent
 Report

3 April 2026
 
ITMA 2027
FLASHPOINT: CLIMATE
Climate Action / Ethiopia Project
Ethiopia's garment sector is entering a new phase, where climate resilience, cleaner production and worker advancement are becoming central to industrial strategy.

Climate Resilience and Workplace Safety Drive New ILO-Japan Programme for Ethiopian Garment Factories

  • Staff Writer
 Update

1 April 2026

Climate resilience, productivity and workplace safety are being advanced across Ethiopia's leather, textile and garment sector through a new ILO-Japan joint initiative. The one-year programme targets 40 factories across five cities, integrating Japanese expertise, digitalised safety tools and a women's leadership development programme to drive sustainable and inclusive industrial growth.

Climate Action / Toolkit
The System Map visualises the textiles industry as an interconnected ecosystem shaped by flows of capital, incentives, innovation, regulation and demand, highlighting where decisions shift system-wide outcomes.

H&M Foundation Launches Open-Access Workshop Toolkit to Help Fashion Stakeholders Halve Emissions Every Decade

  • Staff Writer
 Update

30 March 2026

H&M Foundation has launched an open-access workshop toolkit enabling brands, suppliers, policymakers and investors to apply its System Map across the textiles industry. Developed with Accenture, the toolkit identifies leverage points to halve greenhouse gas emissions every decade until 2050, while supporting a just transition that avoids shifting costs onto the most vulnerable.

 
Saudi Fashion Tex 2026
COLUMNS
 
EXCLUSIVES
 
Intex Bangladesh
Intex Sri Lanka
Inmac Sri Lanka
FOCUS: COTTON
Farmers who contribute least to climate change often bear its heaviest consequences—a contradiction that data-driven standards are beginning to formally document and address.

Tanzanian Organic Cotton Carries One of the Lowest Climate Footprints in Global Production, LCA Finds

Organic cotton grown by smallholders in Tanzania under the Cotton made in Africa Organic standard has recorded one of the lowest environmental footprints in global cotton production, new research has confirmed. The findings, drawn from a comprehensive lifecycle analysis, showed that the absence of synthetic pesticides, artificial fertilisers, and irrigation kept emissions well below industry norms.

Staff Writer
 
SPOTLIGHT ARTICLES: MOST READ
 
 
SPOTLIGHT EDITIONS: SELECT 4
Cotton for Good 2024 7 Oct 2024
One Crop, One Fibre, Many Stories
 

Highlights: Sea Change

"Quote Unquote"

Mattias Wallander
Mattias Wallander
Chief Executive Officer
USAgain
The real hurdle isn't the map, but the fragmented municipal governance: complex, varying permit costs and restrictive zoning are barriers to expansion. If local governments can align on model ordinances and move away from restrictive industrial-only zoning, the 13% yearover- year growth seen in France may be possible in California.
MORE: California’s Textile EPR Ambition Hinges on Infrastructure and Local Regulation

"Quote Unquote"

Ripple Patel
Ripple Patel
Managing Director
Fiotex Cotspin Pvt Ltd
Cotton is a cash crop and has always given better profitability compared to others like peanuts. Before 2002, we had local varieties like Shankar-6. Yields were low, but returns were higher than other crops. In 2002–03, when BT cotton was introduced, it doubled yields from 250–300 kg per hectare to about 500 kg. Costs rose only 20–30%. Farmers prospered in those years.
MORE: Frayed Futures: India’s Cotton Crop Unspooling Fast
 
FOCUS: LEATHER
The fair's expansion into newly constructed exhibition halls at Chennai Trade Centre failed to address fundamental organisational issues, with similar product categories scattered across disparate locations forcing extended navigation.

IILF 2026 Exposes Gap Between Boardroom Sustainability and Tannery Floor Reality

Chennai's IILF 2026 exposed contradictions shaping India's leather industry: innovative chemical systems alongside organisational failures, Trump tariffs suppressing demand yet prices holding firm, and sustainability frameworks that never reach tannery workers. The 'Leather Carnival' demonstrated both the sector's professionalisation and its struggle to reconcile traditional identity with market realities.

Vasan Suri
Lineapelle 2025 demonstrated that the industry is ready to communicate in a different way. The collaboration between UNIC, Lineapelle, La Conceria, Is It Leather?, and voices like Volkan’s marks the beginning of a more open, consumer-connected era. But collaboration must extend to influencers, educators, and storytellers, people who can speak the language of the next generation of consumers.

The Power of Storytelling, Community and Leather’s Next Chapter

  • Blake Garavaglia
 Commentary

14 October 2025
 
 
ATTENTION: DENIM
 
COMPANY NEWS / PRESS RELEASES
 
 
Young India Fashion Survey 2025