Cherokee Global Brands a global marketer of style-focused lifestyle brands has acquired casual lifestyle brand Everyday California from owners and founders Michael Samer and Christopher Lynch, it said in a statement. “We are very ...
Tags: casual lifestyle, Apparel
Although the Chinese government has pledged to use internet technology to upgrade manufacturing industry, there is a huge gap between the desire of the authorities and reality in the textile industry, the China Daily said a quoting a report ...
Tags: Textiles Sector, textile industry
Leading industry body, Confederation of Indian Industry (CII) expects the retail market in India will touch $1.2 trillion by 2020 and $2.1 trillion by 2025 from the present level of $550 billion, generating 10-12 million jobs in the next ...
Tags: retail market, Apparel
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
Union textiles minister Santosh Kumar Gangwar said that Prime Minister Narendra Modi has given special attention to the ministry of textiles, with special focus on the north eastern region. The apparel and garment making centres were being ...
For the first fiscal quarter ended May 2, 2015 gross margin at US apparel retailer JC Penney expanded 330 basis points to 36.4 per cent of sales, compared to 33.1 per cent in the same quarter of last fiscal. JC Penney reported net ...
A delegation of the European Union trade office of generalised system of preferences (GSP) programme reviewed the benefits of GSP plus facility to Pakistan and the progress made so far on implementation of social standards related to labour ...
Tags: GSP Benefits, Textile exports
South African retail heavyweight Christo Wiese through his private equity vehicle Brait SE has acquired 90 per cent stake in UK fast fashion apparel retailer New Look. Brait SE has acquired the stake for £780 million, primarily ...
Tags: Brait, Apparel Retailer, Apparel
Perry Ellis has entered into a license agreement in Australia and New Zealand with South Pacific Apparel, Ltd., for men's sportswear like polos, t-shirts, casual shirts, denim and pants under the Farah vintage brand. The new collection ...
Tags: Perry Ellis, men's sportswear, polos
Seven fashion and retail trade organisations in the US and Africa, including the United States Fashion Industry Association (USFIA), have called for immediate renewal of the African Growth & Opportunity Act (AGOA), which is scheduled to ...
Tags: Fashion Industry, Apparel
Apparel Export Promotion Council chairman Virender Uppal has said there has been a vacuum in a policy support in the readymade garment (RMG) manufacturing export industry, according to a statement by AEPC. Uppal has requested the ...
Tags: Apparel Export, Apparel
Small brands with turnovers of Rs 10 crore to Rs 25 crore and mid brands with turnovers of Rs 25 crore to Rs 100 crore were affected by low sentiments, reveals the Clothing Manufacturers’ Association of India (CMAI’s) Apparel ...
Tags: Clothing Manufacturers, Apparel
Driven by Printwear and Branded Apparel sales, consolidated net sales at clothing retailer Gildan Activewear soared 15.9 per cent year over year in the first fiscal quarter ended April 5, 2015. Consolidated net sales in the first ...
Tags: Gildan Activewear, Printwear, underwear
Cotton Council International (CCI), which works in conjunction with the National Cotton Council to promote US cotton exports, is all set to launch its 25-year old flagship brand COTTON USA in India. Under COTTON USA brand, CCI ...
Tags: Cotton Council International, US cotton exports, cotton
America’s National Council of Textile Organisations (NCTO) has commended the US Senate for passing two important pieces of trade legislation H.R. 1295 and H.R. 644, addressing trade preference programmes and customs enforcement. As ...