Alfie Patterson

Uniqlo owner Fast Retailing has continued its strong momentum in its third-quarter financial results. Consolidated revenue for the first nine months of the fiscal year totalled 3,065,182 million yen ($18.87 billion), a 17.1% year-on-year increase. Revenue increased substantially across all regions, especially Asia. Fast Retailing Co., Ltd. shares rose 49.6% to ¥85,170 between 5 January and 9 July 2026.

The Circular & Biobased Textiles Innovation Hub last week hosted a webinar linked to its bioeconomy strategy, titled ‘Innovation trends in partner sectors: fibres and chemicals’. Presented by Tilla Kross and moderated by Lutz Walter of Textile ETP, the session brought together six speakers to discuss innovation trends in fibres and chemicals as part of the ongoing work with the Circular & Biobased Textiles Innovation Hub to develop a bioeconomy innovation strategy for textiles.

Cotton Incorporated’s June Executive Cotton Update says cotton prices have risen sharply in June. Inflation in the US is running well above the Fed’s 2% target, with core Personal Consumption Expenditures (PCE) at 3.3% in April and headline Consumer Price Index (CPI) at 4.2% in May. This means import costs are higher and retail price pressure remains for garments. Demand forecasts for apparel are also complicated, as real wage growth has slipped behind inflation, reducing disposable income growth.