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Thursday, November 26, 2015
Global news roundup  (2015-11-25)
  The following is a round-up of apparel and footwear news from the world's local media. 
US retailer profit under pressure from Holiday promotions  (2015-11-25)
  US retailers are selling around 21% fewer items at full price this year in the run-up to Black Friday, compared to the same time last year, as many find themselves trapped in the cycle of promotions and markdowns. 
CPSC reviewing information collection on sleepwear  (2015-11-25)
  The US Consumer Product Safety Commission (CPSC) is seeking comments on plans to extend the collection of information on children's sleepwear flammability standards - a burden estimated to cost manufacturers and importers a total of 207,000 hours a year.
EU and Philippines to begin free trade talks  (2015-11-24)
  The European Union (EU) and the Philippines are to start talks on a free-trade agreement, in an attempt to boost trade and investment.
World Bank urged to stop Uzbekistan loans over cotton labour  (2015-11-25)
  Groups including those representing global apparel retailers and importers, are urging the World Bank to suspend loans to Uzbekistan over concerns about the use of forced labour in this autumn's cotton harvest.
Golden Lady creates a new man-made fibre  (2015-11-23)
  Italian hosiery, underwear and swimwear specialist Golden Lady has collaborated in a EUR5m (US$5.3m) research project that will see it introduce a new man-made fibre to the market.
Global trade law firm expands Asia-Pacific presence  (2015-11-25)
  International trade law firm Sandler, Travis & Rosenberg has named attorney Sally Peng to head its expanding Asia-Pacific practice.
Chinese retailer Hotwind matches inventory to demand  (2015-11-25)
  Chinese fashion retailer Hotwind is matching inventory levels to demand at more than 500 stores across the country through an investment in JDA Allocation software.
Billabong shares fall as margins under pressure  (2015-11-25)
  Billabong saw its share price plummet this week after it revealed sales and margins in its new financial year have come under pressure from the weaker dollar and subdued trading in North America. 
Lectra promotes Gros to director for Northern Europe  (2015-11-25)
  Lectra has promoted Jean-Patrice Gros as director of Lectra Northern Europe, tasked with developing the technology company's relationships with brands, retailers and manufacturers.
Wolverine appoints Kennedy to new head of apparel role  (2015-11-25)
  Wolverine Worldwide is continuing its recruitment spree with the appointment of Fossil executive Tom Kennedy as president of apparel and accessories - one of the company's key strategic growth areas. 
China and ASEAN upgrade FTA  (2015-11-24)
  Economic Ministers from the ten ASEAN member states and China have agreed on an upgrade to the ASEAN China Free Trade Area (ACFTA) - the world's largest in terms of the total population of its signatories.
BCBG Max Azria signs VoyageOne for China expansion  (2015-11-24)
  Fashion retailer BCBG Max Azria Group has set its sights on expanding its presence in China as it partners with e-commerce solutions firm VoyageOne. 
Decathlon extends RFID source tagging to millions of products  (2015-11-24)
  Global sports and leisure goods retailer Decathlon is to roll-out radio frequency identification (RFID) solutions in more than 400 stores globally and further extend its RFID source tagging programme for millions of products in all its stores around the world.
Mixed feedback on cotton harvest labour in Uzbekistan  (2015-11-24)
  Monitoring of workers during the 2015 cotton harvest in Uzbekistan has offered a mixed assessment, with no systematic use of child labour found but "serious concerns" raised over the risk of forced labour.