Business

TJX exceeds Q2 sales forecasts with 4 percent comp sales growth

US off-price retailer The TJX Companies (TJX) has reported net sales of 15.18 billion dollars for the second quarter ended August 1, 2026, representing a 5 percent increase compared to the same period in the prior year. Consolidated comparable sales, or comp sales, grew 4 percent, exceeding company forecasts. Net income for the quarter reached...

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Sourcing at the gateway to South America: Colombia’s textile nearshoring advantage

Colombia’s textile and garment sector is a critical pillar of its industrial economy. Combining over a century of manufacturing heritage with modern technical capabilities, the country has carved out a distinct niche in value-added fashion and specialty apparel. Its strategic proximity to North America and favourable trade mechanisms make...

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Business

Textiles: Does India want to make Bangladesh an extension of its industrial base?

Diplomats discuss tariffs and cross-border fluidity. Textile manufacturers, however, are watching how these barriers actually change their costs, market opportunities and production choices. By dispatching a delegation to Dhaka led by the Confederation of Indian Industry (CII), New Delhi is not just there to discuss market access for its...

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Arc'teryx and Salomon drive Amer Sports' Q2 revenue and profitability

For the second quarter ended June 30, 2026, Amer Sports has delivered results that significantly exceeded expectations and has once again raised its targets for 2026. Behind the 32 percent revenue growth, the group is benefiting primarily from a shift in mix, strong direct-to-consumer progression and spectacular expansion across Asia. A few...

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