Net sales at women’s apparel retailer, Christopher & Banks slipped 6.35 per cent year on year for the thirteen week period ended November 1, 2014, a reflection of its store rationalisation program. Net sales for the third quarter of ...
Non-cash impairment charges of $684.0 million pushed apparel retailer, J Crew Group to post a massive loss in the third fiscal quarter of 2014 as against net income in the prior year quarter. Net loss at the apparel retailer totalled to ...
NYSE listed clothing retailer, Delta Apparel said its net sales dropped 6.23 per cent from the previous fiscal year for the fiscal year ended September 27, 2014. Net sales slipped $452.9 million for fiscal 2104 as against $483.0 million ...
Tags: strategic initiatives, Apparel
Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
The Secretary, Ministry of Textiles, Government of India, SK Panda recently visited Gurgaon’s leading fashion institute, the Institute of Apparel Management (IAM). During his visit, Panda actively interacted with the faculty and ...
Tags: Fashion School, institute, Apparel
The Swedish multinational retail-clothing company H&M is prepping up to come up with another periodic instalment from its environment-friendly fashion series Conscious Exclusive Collection. In its constant endeavour to promote ...
Despite an 8.4 per cent hike in sales, £19.8 million rise in costs hit underlying pretax profits by 31.6 per cent at Super Group, a marketer of apparel in the first fiscal half ended October 25, 2014. Super Group which markets the ...
Tags: underlying pretax profits, business acquisitions, Apparel
For its fiscal third quarter ended November 1, 2014, net loss at The Wet Seal, a leading specialty retailer to young women nearly tripled from the year ago quarter. In the third quarter of 2014 net loss nearly tripled to $36.0 million or ...
Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA) has compiled ‘Global Buyers Information Directory’ in order to help the readymade garment (RMG) sector in expanding its market. The research and development ...
Tags: readymade garment, Textile
Stating that the new power tariff rate announced last week by Tamil Nadu Electricity Regulatory Commission (TNERC) would seriously affect the competitiveness of the textile mills in Tamil Nadu across the value chain, the Southern India ...
Tags: tariff hike, power factor, Textile
Advanced textiles producer and NYSE-listed – Albany International has announced that the Company’s Board of Directors has approved a quarterly dividend for holders of the Company’s common shares in the amount of $0.16 per ...
Tags: currency revaluation, Textile
Ningbo PEACEBIRD, a Chinese fast-fashion company, has chosen the fashion PLM solution by Lectra, one of the leading integrated technology solutions providers for fabrics and technical textile companies, based in France, to support its ...
Tags: Fashion Firm, technical textile, Textile
Cardia Bioplastics has expanded its patent portfolio with 19 granted patents apart from 42 more pending registrations for its bioplastics technology. The company has also secured seven new Cardia Compostable, Biohybrid and PPC-starch ...
Packaging solutions provider Clondalkin Pharma and Healthcare has installed its first mass carton serialisation capability at its Cherry Orchard facility in Dublin, Ireland. The Atlantic Zeiser Digiline 300 machine has enabled ...
Tags: trace technology, serialisation standards, Agriculture
American food processing company Archer Daniels Midland Company (ADM) is planning to set up a new information technology and support centre in Erlanger, Kentucky, in a move to expand IT support and infrastructure. Expected to be opened ...
Tags: IT support, infrastructure, Agriculture