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Textiles Intelligence
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Wednesday, August 27, 2014
US: Dillard's CFO Freeman to step down  (2014-08-27)
  Department store retailer Dillard's has announced its chief financial officer James Freeman is to step down.
FRANCE: Auchan donates US$1.5m to Rana Plaza fund  (2014-08-27)
  Supermarket giant Auchan Group is to contribute US$1.5m to the Rana Plaza Donor's Trust Fund - but maintains that it had no business relationship with anyone based in the collapsed building.
GUATEMALA: US looking into labour law reforms  (2014-08-27)
  The US has allowed a dispute settlement process related to labour enforcement in Guatemala to remain suspended for four weeks while it reviews fresh reforms made by the country's government.
US: Necessity drives men's shoe purchasing, says study  (2014-08-27)
  Necessity is the main motivation behind men buying shoes in the US, according to a new study, but attitudes are beginning to evolve as men increasingly embrace fashion and newness in footwear.
BANGLADESH: Workers in "constructive" employer talks  (2014-08-27)
  A project is underway in Bangladesh designed to increase union membership and promote a constructive dialogue with employers.
PAKISTAN: Joint programme to promote factory compliance  (2014-08-26)
  The Pakistan Textile Exporters Association (PTEA) and the International Labour Organization (ILO) are joining forces to improve labour standards in the country's textile and garment industry.
CAMBODIA: Garment makers condemn strike protests  (2014-08-27)
  The Garment Manufacturers Association in Cambodia (GMAC) has condemned strike action taken by garment workers, claiming that it contravenes labour laws.
US: Gap to upgrade and expand Hudson Valley DC  (2014-08-27)
  US apparel giant Gap Inc is to invest US$69m upgrading and expanding its Hudson Valley distribution centre.
US: Gap to upgrade and invest in Hudson Valley DC  (2014-08-27)
  US apparel giant Gap Inc is to invest US$69m upgrading and expanding its Hudson Valley distribution centre.
US: Ann Inc defends position as investor urges a sale  (2014-08-26)
  Ann Inc has moved to defend its position after a letter from an investor urged the women's apparel group to sell itself, claiming the company is "deeply undervalued".
AUSTRALIA: Pacific Brands divests workwear unit amid FY loss  (2014-08-26)
  Pacific Brands has moved to a net loss in its full-year and announced the divestment of its workwear business in a deal worth AUD18m.
RUSSIA: Threatens ban on western apparel and textile imports  (2014-08-26)
  Officials at Russia's industry ministry have said that, should additional US and European Union sanctions be imposed, Russia may retaliate with a complete ban on imports of clothing and textiles from the EU and the US.
CAMBODIA: Mass garment factory faintings soar in first-half  (2014-08-26)
  Mass worker faintings in Cambodia's garment factories have soared despite preventive measures, with 896 workers having fainted at work in the first half of this year alone, midst three deaths, officials have revealed.
CHINA: Weiqiao H1 hit by lower sales volumes  (2014-08-26)
  Lower sales volumes of yarn and grey fabric resulted in a double-digit first-half profit decline for China's largest cotton textile producer Weiqiao Textile Company.
US: Lower costs narrow New York & Co's Q2 loss  (2014-08-26)
  Specialty apparel chain New York & Co has managed to narrow its loss during the second quarter, thanks to lower costs and sales growth.

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