Latest Textiles And Apparel News

Merino & Co. entered FY2027 with A$1.404 million in cash after a A$1.010 million capital raising, giving the company more room to develop its botanical dye project and expand fulfilment. The stronger balance sheet came alongside a A$164,000 operating cash outflow and fully drawn NAB loan facilities.

Merchant House International has completed the sale of its American Merchant, Inc. assets, generating significant profits and setting the stage for winding up operations and voluntary delisting from the ASX.