Australian Wool Network (AWN) has moved forward in the wool textile value chain from brokerage to wool-made apparel retail by acquiring Victorian knitwear manufacturer and retailer, Hysport. “The acquisition will allow AWN to move ...
Tags: seamless technology, wool-made apparel retail, Textile
U.S. chain-store sales rose 2.2 percent year on year for the week that ended on December 27 and included the final shopping days before Christmas, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. ...
Jack Wolfskin has reached an agreement to buy out its Chinese distributor and licensee over the next two years to clear the way for a new subsidiary it will establish in the People's Republic of China, or PRC. In exchange for a two-year ...
Tags: Jack Wolfskin, Chinese Distributor
The textile industry of the Southern Indian state of Tamil Nadu aspires to climb up the textile value chain and realise its true potential for which it is depending upon the central government, said an official of a trade body. D Prabhu, ...
All of the eight Northeastern states in India, which missed the fruits of industrial revolution, are all set to have one garment manufacturing unit in each of their capitals. Entrepreneurs hailing from these eight states and with a ...
Sri Lankan apparel sector trade body, Joint Apparel Association Forum (JAAF) has shortlisted key logistics service providers who have played a major role in import and export areas of the apparel sector. JAAF has recognized them as ...
Tags: apparel sector, apparel import
Chennai based apparel retailer, Indian Terrain Fashions Ltd said it proposes to raise Rs 75 crore through issue of securities or qualified institutions placements (QIP’s). In a filing with BSE, the retailer which retails the Indian ...
Tags: apparel, Terrain Fashions
Overall, retail sales during the Black Friday to Christmas Eve period excluding automotive sales increased 5.5 percent in 2014, according to Mastercard Spendingpulse’s initial view on the 2014 U.S. holiday shopping season. The ...
United Textile Co. Ltd from Taiwan laid the foundation stone for a $100 million apparel factory in An Giang province. The plant located in Xuan To Industrial Park in Tinh Bien District is to be set up in two phases. The first phase of ...
Tags: foundation stone, apparel factory, Apparel
Following Germany based Rocket Internet receiving fiscal and anti-trust approvals for its Global Fashion Group (GFG) concept, Indian online fashion retailer; Jabong.com would also be boarding GFG. Rocket Internet is a major investor in ...
Tags: eCommerce, marketplaces and financial technology, Apparel
The new government, under Prime Minister, Narendra Modi has laid emphasis on an economic vision based on increasing production, export and generating employment. Particular attention will be given to generate productive employment ...
Kishore Biyani led, Future Retail said it’s proposed Rs 1600 crore rights issue will open on January 15, 2015 and close on January 29, 2015. Future Retail said in a BSE filing that the issue will open on January 15, 2015 and close ...
Tags: pre-determined price, ratio, Apparel
One of India’s largest e-commerce retailer, Flipkart, , has raised $700 million in fresh investment from existing as well as a clutch of new investors. The new investors include, Greenoaks Capital, T Rowe Price Associates, Qatar ...
Gross margin expansion and a lower average share count drove diluted earnings per share growth by 25 per cent year on year at Nike for its second fiscal quarter ended November 30, 2014. In the second quarter of fiscal 2015, net income ...
Tags: product type, geography, key category, Apparel
“Degradable natural fibres have an advantage over synthetics when it comes to the environment. Having said that, there are developments in the pipeline to aid the environmental sustainability of synthetics,” the head of a full ...
Tags: synthetics, wool, cashmere, alpaca, Textile