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
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
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
For the second fiscal quarter ending September 30, 2014, net profit shot up 60%, while sales climbed 17%, both growths coming from a year ago periods, at Shoppers Stop Ltd (SSL). SSL reported a gross retail turnover of Rs. 942.76 crore ...
Flipkart, one of the leading online shopping destinations in India, has entered into a strategic partnership with Euronet India, a global leader in secure electronic transaction processing and payment solutions, to offer Flipkart’s ...
Ahead of the impending party season, a special womenswear brand, peppered with a swag South American flavour, has been launched in the UK. Titled as Ashanti Brazil, the e-commerce site, which is set to take the European fashion scene by ...
Tags: womenswear brand, Ashanti Brazil, Apparel
“We need to change how fashion is made and consumed” said the H&M CEO, Karl-Johan Persson, while speaking about the role played by his company in the sustainable fashion industry at the just held BSR conference, a forum which ...
Tags: transparency and transformation, social sustainability, Apparel
The American multinational clothing and accessories retailer Gap Inc. is set to open its first-ever Old Navy outlet in Shenzhen, a city located in the south of Southern China’s Guangdong Province, on November 8, 2014. In a bid to ...
Tags: clothing retailer, omni-channel, Apparel
Mombasa Apparels, a Kenya-based garment company, has opened a factory, set up at a cost of Sh2.2 billion, in Kenya’s coastal town of Mtwapa, Kilifi County. The new factory is expected to create 3,000 jobs and would manufacture ...
Tags: garment company, job creation, Apparel
Leading textile companies from Taiwan will be exhibiting a wide range of quality design and high performance textile & garment products at the Taiwan Textiles Fairs in South Asia 2014, in the Sri Lankan capital of Colombo on November 24-25, ...
Tags: garment products, Foreign Trade, Textile
VIDA, a new e-commerce platform that aims to connect shoppers directly with ethically produced apparels and accessories designed by artisans and designers from around the world, has been launched recently. With a primary aim to provide ...
The Indian discount fashion chain Brand Factory has introduced an Ethnic Wear Festival offering an eclectic range of over 2.5 lakh womenswear pieces. Slated to run from November 15 to 30, 2014, the festival offerings include a wide array ...
Tags: Ethnic Wear Festival, Apparel