Wrangler and Beyond Retro have launched a new upcycled denim collection, part of Wrangler Reborn, featuring uniquely redesigned jeans, shorts, jackets, and shirts made from discarded Wrangler denim, priced between $90 and $180, as part of their sustainability efforts.

Walmart will pay $2.5 million to settle a class-action lawsuit over unpaid time for mandatory COVID-19 screenings, affecting about 81,000 Arizona employees.

ICE cotton rebounded to 68.90 cents per pound, supported by rising crude oil prices and short covering, despite weak market fundamentals and low trading volumes.

India's leading economic index rose by 0.1% in June 2024, while the coincident economic index fell by 2%, with GDP projected to grow by 6.9% for the year.

India's cotton sowing area has decreased to 102.046 lakh hectares as of July 18, 2024, falling short of the ministry's target and showing reductions in major states like Gujarat and Maharashtra.

In Q2 2024, the $550 Cloudlilt Loewe II sneaker was the top product, with Loewe leading the brands list due to high-profile events and releases, while retro sneakers also gained popularity.

From August 4-10, Target will host its first Denim Take Back Event, allowing customers to recycle used denim of any brand at Target stores for a 20% discount on new denim purchases and supporting sustainability by converting recycled items into new products.

US real GDP grew at an annual rate of 2.8% in Q2 2024, according to advance estimates by the Bureau of Economic Analysis, following a 1.4% increase in Q1 2024. The rise was driven by higher consumer spending, private inventory investment, and non-residential fixed investment, with imports also increasing, particularly in capital goods.

The USDA reported that US Upland cotton net sales for the 2024-25 season increased by 16% from the previous week but fell by 11% compared to the prior 4-week average. For the current season, both Upland and Pima cotton saw cancellations and no new sales, with key buyers including Mexico, Vietnam, Turkey, India, and China.

Fashion for Good and Textile Exchange have launched a two-year, multi-stakeholder initiative to harmonise data and system capabilities in the reverse supply chain. A key objective is to deliver recommendations for the development of new and existing standards, including the Global Recycled Standard (GRS) and Recycled Claim Standard (RCS).

The Better Cotton Council's new leadership, including co-chairs from Solidaridad and Louis Dreyfus Company, and members from Marks & Spencer and J.Crew, aims to boost sustainability and traceability in the cotton industry.

The latest data shows a mixed economic outlook for the US, with the Leading Economic Index falling by 0.2% in June 2024, while the Coincident Economic Index rose by 0.3% and the Lagging Economic Index increased by 0.1%.