Levi Strauss reveals plan to hit US$10bn in sales by 2027

France's Fairbrics SAS, which specialises in net-positive synthetic fibres has raised more than EUR6.5m (US$7bn) to develop carbon-neutral fibres for the fashion industry.

Apparel brands that have withdrawn from the Russian market must brace for the impact on sales as it could become a long-term issue for those that did not resume trading by May 2022.