Jangoulun Singsit, Retail Insight Network Journalist Profile

Articles

Indonesia may order additional French defence equipment

1 week ago | naval-technology.com | Jangoulun Singsit

France and Indonesia have signed a letter of intent (LOI) that could see new large-scale arms deliveries, France Armed Forces Minister Sébastien Lecornu revealed. The LOI relates to the potential procurement of French military equipment by Indonesia. It could lead to Indonesia planning to purchase additional Rafale fighter jets from Dassault Aviation, light frigates and Scorpène submarines from Naval Group, and Caesar artillery systems and ammunition from KNDS.
International Accord explores safety programme expansion

1 week ago | just-style.com | Jangoulun Singsit

The International Accord gathering, which took place in Amsterdam, Netherlands, attracted over 120 participants from various stakeholder groups such as brands, trade unions, and NGOs, and included representatives from the RMG Sustainability Council (RSC) and the Pakistan Accord Secretariat. International Accord executive director Joris Oldenziel opened the meeting by acknowledging the record number of signatories in its Bangladesh country programme despite global challenges.
Woolmark launches guide for sourcing wool denim fabrics

1 week ago | just-style.com | Jangoulun Singsit

Accessible both online and offline, Woolmark’s new denim sourcing tool has two volumes that explore seven distinct themes: A Revised Classic, Special Treatments, Denim Shirting, The Denim Suit, Signature Denim, Thread Rebels, and Denim-Inspired Knits and Jerseys. These categories highlight the integration of wool into denim fabrics, enhancing them to a level of premium performance and offering consumers new and appealing options.
Macy's adjusts annual outlook as Q1 FY25 net sales falls 5.1%

1 week ago | retail-insight-network.com | Jangoulun Singsit

US department store chain Macy’s reported a decline in total revenue to $4.79bn in the first quarter of fiscal 2025, compared to $5bn in the corresponding period of the previous year. During the 13 weeks to 3 May 2025, the retailer’s net sales fell 5.1% to $4.59bn, inclusive of store closures, with comparable sales decreasing 2% on an owned basis and 1.2% on an owned-plus-licensed-plus-marketplace basis.
Capri reports 15.4% revenue downturn in Q4 fiscal 2025

1 week ago | retail-insight-network.com | Jangoulun Singsit

Capri Holdings, which owns luxury brands such as Versace, Michael Kors and Jimmy Choo, has disclosed total revenue of $1.04bn in the fourth quarter (Q4) of fiscal 2025 (FY25) – a decrease of 15.4% from the same quarter of the previous year. Michael Kors experienced a 15.6% revenue drop over the quarter, while Jimmy Choo and Versace posted revenue drops of 2.9% and 21.2% respectively.
Shein accelerates net-zero commitment with SBTi validation

1 week ago | just-style.com | Jangoulun Singsit

Shein’s climate objectives are now in line with the SBTi Net-Zero Standard, adhering to the most recent climate science and the Paris Agreement’s goal to cap global warming at 1.5°C above pre-industrial levels. Shein has set a goal to achieve net-zero greenhouse gas (GHG) emissions throughout its value chain by 2050. The brand has set its emissions reduction goals for the years 2030 and 2050, using 2023 as its baseline year.
Zalando elevates supply chain standards with Fair Wear membership

1 week ago | just-style.com | Jangoulun Singsit

This affiliation will see Zalando concentrate on elevating work standards in the production of its own-brand products, aiming to set a new standard for ethical practices in the fashion sector. In addition to membership benefits, Zalando encourages other brands on its retail platform to improve their human rights due diligence practices.
EU T-REX project unveils roadmap for textile recycling scale-up

1 week ago | just-style.com | Jangoulun Singsit

Textile waste poses significant environmental challenges in Europe, with an estimated 6.95m tonnes produced annually within the EU. The majority of this waste is either landfilled or incinerated, with only a minimal portion currently being repurposed or recycled. To address this issue, the T-REX Project was initiated in June 2022.
Hanwha to boost South Korea missile defence with K-THAAD MFR

1 week ago | army-technology.com | Jangoulun Singsit

Hanwha Systems has entered into a contractual agreement with the Agency for Defense Development (ADD) of South Korea to build an advanced Multi-Function Radar (MFR) for the L-SAM-II system, also known as ‘South Korea’s K-THAAD’. The contract is valued at Won54.7bn ($40m). The L-SAM-II is the second phase of the country’s Long-Range Surface-to-Air Missile system.
EU unveils €150bn SAFE initiative

1 week ago | army-technology.com | Jangoulun Singsit

The European Council has enacted a regulation establishing the Security Action for Europe (SAFE), a new financial tool designed to back EU member states keen to invest in defence capabilities via collective procurement. SAFE is poised to underwrite significant and immediate investments within the European defence technological and industrial base (EDTIB), aiming to enhance production capacities to ensure timely availability of defence equipment and to mitigate current capability shortfalls.