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Friday, October 24, 2014
Private equity firm Palladin invests in Harrys of London  (2014-10-23)
  Private equity firm Palladin Consumer Retail Partners has acquired a majority stake in luxury men's footwear and accessories business Harrys of London in a move that is expected to launch the brand into its next growth phase.
China and US MoU strengthens apparel trade ties  (2014-10-23)
  The American Apparel & Footwear Association (AAFA) and the China Chamber of Commerce for Import and Export of Textiles and Apparel (CCCT) have signed an MoU designed to address industry issues of concern from product safety, to labelling and retail.
Inspection finds structural issues at collapsed factory  (2014-10-23)
  An initial risk inspection on a Cambodia clothing factory which collapsed earlier this week injuring eight people, found it had structural issues.
Unifi to grow texturing capacity in CAFTA region  (2014-10-23)
  Yarn manufacturer Unifi has revealed plans to increase its texturing capacity in the US and Central America next year to meet growing demand for synthetic yarns in the CAFTA region.
Carter's Q3 earnings and sales climb  (2014-10-23)
  Children's wear company Carter's has revealed an increase in third-quarter sales and earnings, which met the group's expectations.
Under Armour ups guidance as Q3 profit climbs  (2014-10-23)
  Performance apparel, footwear and accessories brand Under Armour has upped its full-year guidance as it revealed an increase in third-quarter earnings and sales.
Reebok fined in Australia over EasyTone claims  (2014-10-23)
  Sports giant Reebok has been penalised by an Australian court over its EasyTone shoe range, which it claimed boosts muscle tone of calves, thighs and buttocks more than traditional walking shoes would.
UK clothing sales fall in warm September  (2014-10-23)
  The latest evidence that unseasonably mild weather in the UK is having an adverse impact on retailers came today (23 October) as new figures showed a drop in clothing sales during September.
Barker named interim leader of Outdoor Industry Association  (2014-10-23)
  Industry veteran Steve Barker has been appointed to run the Outdoor Industry Association (OIA) on an interim basis, while a search for a permanent leader is underway.
Wholesale sales boost Rocky Brands Q3 profit  (2014-10-23)
  An increase in wholesale sales has resulted in a 6.9% third-quarter net profit growth for US apparel and footwear company Rocky Brands.
Stronger reform needed in Bangladesh apparel sector  (2014-10-23)
  Stronger attention is needed to reform Bangladesh's apparel industry if exports are to grow, a report has found.
RNB Retail and Brands moves to Q4 profit  (2014-10-23)
  Scandinavian retail business RNB Retail and Brands has moved to a profit and booked an increase in sales in its fourth-quarter.
US apparel prices decline in September  (2014-10-23)
  Apparel prices in the US dropped in September, for a second consecutive month, according to new figures.
Tesco chairman resigns as H1 profits plunge 92%  (2014-10-23)
  Tesco chairman Sir Richard Broadbent has stepped down in light of the accounting error that has resulted in a 92% decline in first-half profit for the troubled UK retail giant.
Debenhams FY profits tumble on discounting  (2014-10-23)
  UK department store retailer Debenhams saw its profits tumble in last fiscal due to the impact of sales on last year's warm winter weather and heavy discounting during its crucial Christmas period.