The Adidas Group announced that in mutual agreement with Vulcabr S.A. it will take control of the distribution and licence rights for the Reebok brand in Brazil and Argentina, when the current joint venture agreement concludes at the end of ...
Tags: Adidas, Reebok, Sporting Goods
Fabric and garment exports from the Southeast Asian nation of Vietnam grew at nearly 12 per cent year-on-year to US$ 3.249 billion in the first two months of 2015, according to the preliminary data released by the customs IT & statistics ...
Tags: Fabric Exports, Garment Exports
In this era of fast fashion, a visit to Texprocess 2015 will enable companies to reduce time to markets 3D as the fair will have many exhibitors from the CAD/CAM and PLM segments. Leading exhibitors of 3D CAD/CAM and PLM solutions ...
Although logistics division sales expanded by a massive 66 per cent, overall sales at Li & Fung rose marginally by just 1.4 per cent for the period ended December 31, 2014. Li & Fung said total sales grew 1.4 per cent to US $19,288 ...
Tags: Li&Fung Sales, Global Brands, Apparel
The Government of Zimbabwe has granted a one-year rebate to 52 clothing manufacturers which will allow them to import textile materials duty-free for use in garment making. The Ministry of Finance has granted a one-year reprieve ...
For the fourth quarter and fiscal year ended January 31, 2015, net sales at New York & Company, a specialty apparel chain with 504 retail stores slipped marginally year over year. In a press release, New York & Company said net sales ...
Tags: specialty apparel, apparel
E-tailing accounted for 76 per cent of the non-travel transactions in the technology driven India’s ecommerce market, says a latest report. The ‘Digital Commerce Report 2014’ released by the Internet and Mobile ...
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
L. L.Bean expects to open its first Ohio store in November 2015. The store will be located at Legacy Village, a popular lifestyle center in Lyndhurst, OH , just outside of Cleveland. The 16,000 square-foot store will employ approximately ...
Tags: shopping center, fly-fishing, Sporting Goods
Interbike will expand to fill a new exhibition hall recently completed at the Mandalay Bay Convention Center (MBCC) to accommodate several new amenities, including the addition of a new indoor test track, a new Product Innovation Zone, a ...
Tags: Interbike, MBCC, Sporting Goods
Majestic Athletic and Major League Baseball Properties have reached an extension of their contract that makes Majestic the official on-field uniform of MLB through 2019. Through the new agreement, Majestic will retain exclusive rights to ...
Tags: Majestic Athletic, markets, Sporting Goods
Online retail apparel sales in India are likely to reach annual turnover of US$ 35 billion by 2020, said Google India director (Ecommerce and Online) Nitin Bawankule, at an event in Mumbai. “By 2020, India is expected to ...
Continuing its slow and steady trend, readymade garment exports from Bangladesh grew 2.55 per cent year-on-year in the first eight months of the ongoing fiscal that commenced on 1 July, 2014, data from the Export Promotion Bureau showed. ...
Tags: Garment Exports, knitwear exports
Net sales for the fourth fiscal quarter ended January 31, 2015 at NYSE listed and off price apparel retailer, Burlington Stores lifted 11.3 per cent from a year earlier quarter. Burlington said its net sales increased 11.3 per cent ...
German apparel marketer Tom Tailor Group said, it plans to strengthen its long-term competitiveness through an accelerated verticalisation of the Group. Tom Tailor Group has in its portfolio brands like Tom Tailor, Tom Tailor Denim, Tom ...
Tags: Tom Tailor, apparel marketer, Apparel