News
Woes continue for J Crew Group
NEW YORK – US apparel retailer J Crew Group has announced a sobering set of financial results for the third
VF Corp backs foam dyeing technology
TEXAS – US denim brands Wrangler and Lee have put their financial weight behind a new foam dyeing process which claims
Europe’s sweatshops uncovered in report on garment production
AMSTERDAM – Bringing garment manufacture closer to home is not necessarily the solution to reducing poor working conditions for employees
China expands footprint in Ethiopian textile sector
ADDIS ABABA – One of China’s largest textile manufacturers, Wuxi Cotton Mill, has become the latest inward investor to head
News
VF Corp buys natural fibre specialist Icebreaker
GREENSBORO – US-based apparel and lifestyle retail brand VF Corporation has purchased New Zealand-based Icebreaker as it looks to increase
Fair play?
Aggressive tax avoidance schemes might make financial sense but for a growing number of consumers, they’re simply not cricket. When
News
A cry for help?
ISTANBUL — Customers shopping at Zara, the fast fashion retailer owned by the world’s largest apparel company, Inditex, recently found
Further growth for Cambodia garment exports
PHNOM PENH – Cambodia’s heavily export-orientated garment industry continues to show signs of upturn despite ongoing challenges around social compliance
Amazon threat looms large for retailers
Amazon’s continued encroachment into the apparel retail space will step up a gear in 2018, with traditional department stores facing
Time to re-visit pre-pack administrations?
30th April 2020
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LONDON – Taking a conscious decision to leave suppliers unpaid is a form of ‘financial Darwinism’ claims a leading UK insolvency and restructuring partner. Vernon
Time running out for Bangladesh workers
30th April 2020
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DHAKA – The government of Bangladesh has said laid-off garment workers will receive just 60 per cent of their salaries for the month of April.
