Minted, the online design marketplace that connects consumers with the world’s best stationery and artwork creators, is branching out in textiles. The e-commerce design startup has raised around US$ 38 million in a round led by ...
Tags: Minted, e-commerce design, Textile
The ongoing first edition of Texworld Istanbul has witnessed participation of 115 exhibitors from 10 countries. The three-day apparel fabric and accessories fair, which will end on November 6, has seen participation of exhibitors from ...
Tags: functional fabrics, blended fabrics, Textile
Women’s apparel company and NYSE listed, Ann Inc, which manages Ann Taylor and Loft brands, cut its sales outlook for the third and fourth fiscal quarters of 2014, as well as the full fiscal year. Struggling with weak traffic and a ...
In the third quarter ending September 30, 2014, higher sales volume of high margin ethane-based products, helped net profit at Petronas Chemicals climb 4.1 percent, from a year ago quarter. Net profit in the third quarter of 2014 rose to ...
Apparel retailer and NYSE listed, Kate Spade & Company reported a surge of 30% in fiscal third quarter ending October 4, 2014 revenues, from a year ago quarter. Kate Spade said net sales from continuing operations for the third quarter of ...
Tags: net sales, Apparel retailer
Iconic denim apparel marketer - Levi Strauss & Co has partnered with IFC, a member of the World Bank Group to provide financial incentives for garment suppliers in developing countries. This new supplier finance program, which was ...
Tags: denim apparel marketer, Global Trade Supplier Finance, Apparel
TXT Retail, one of the leading providers of integrated and collaborative end-to-end planning, PLM, and supply chain collaboration solutions for the luxury, fashion and consumer sectors, has launched TXT AgileFit, a new deployment approach ...
For the third quarter of fiscal year 2014, NYSE listed and clothing retailer, Gap expects diluted earnings per share (EPS) to be in the range of $0.78 to $0.79, up from $0.72 in same quarter of fiscal year 2013. “Third quarter of ...
The Antigua Group, Inc. a leading designer and marketer of lifestyle apparel and sportswear, has selected NGC Software’s extended fashion Product Lifecycle Management (PLM) solution and Supply Chain Management (SCM) system. The ...
Tags: sportswear, SCM solution, Textile
The garment industry in Ho Chi Minh City (HCMC), Vietnam, is in need of additional skilled workers in order to achieve the target to become a garment supply hub for the southern region and the nation’s fashion centre by 2020, ...
Tags: garment industry, Skilled Workers, Apparel
The United States Department of Labour (DoL) has found widespread violations by employers in paying wages to workers in the Southern California garment industry. In fiscal year 2014, DoL’s Wage and Hour Division conducted 221 ...
Tags: unpaid wage, minimum wage, Apparel
Italian producer of fibres and polyamides, RadiciGroup presented at the recently held ‘General Assembly of the Green Economy’, a conference attended by about 2,000 delegates. The conference was held during ECOMONDO, the 18th ...
Coats, one of the leading industrial thread and consumer textile crafts companies, has announced the opening of a global services business in Vietnam, on the eve of completing 25 years of operations in the country. The new dedicated ...
Tags: Coats Global Services, Textile
Ashland Inc, a manufacturer of specialty chemical solutions, said it has hired William Wulfsohn as its new CEO, who replaces James O'Brien, who retires at the end of December. Wulfsohn, 52, brings nearly 30 years of world-class chemicals ...
Tags: specialty alloys, powder metal stainless steels, Textile
In the first nine months of 2014, net income plummeted 21% year-on-year at adidas Group to € 630 million from € 796 million in the same period of 2013. Correspondingly, basic and diluted earnings plunged to € 3.01 per share ...
Tags: adidas Group, net income, Apparel