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Textile and apparel industry leaders undertake ambitious projects to reduce environmental impact ...more...
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Saturday, January 19, 2019
EU probes Nike tax treatment in the Netherlands  (2019-01-16)
  The European Commission is launching a probe into whether US activewear firm Nike has received preferential tax treatment in the Netherlands giving it an unfair advantage over its competitors.
More than 1000 jobs to go in latest M&S store closures  (2019-01-16)
  Clothing, homewares and food retailer M&S plans to close another 17 stores with the loss of more than 1,000 jobs, as part of a review of its portfolio aimed at returning the group to profitability.
New Lenzing centre in Indonesia to speed fibre innovation  (2019-01-16)
  Fibre manufacturer Lenzing has opened a new research and development facility in Indonesia, bringing its state-of-the-art fibre testing and full fibre-to-fashion innovation capabilities to Asia.
Label specialist ITL sets up operations in Ethiopia  (2019-01-16)
  Apparel label business ITL Intelligent Label Solutions has become the latest firm to set up premises in Ethiopia's Hawassa Industrial Park in a move it claims makes it the first global apparel label manufacturer to establish a factory in the country.
New US$1bn global alliance aims to end plastic waste  (2019-01-16)
  Dow, a subsidary of DowDuPont, is among a alliance of global companies that have today (16 January) launched a new organisation to advance solutions to eliminate plastic waste in the environment, especially in the ocean.
US eyes duty-free apparel access in EU trade deal  (2019-01-16)
  The Office of the US Trade Representative (USTR) has released its negotiating objectives in 24 areas for a potential trade deal with the European Union, including plans to secure duty-free access for US textile and apparel products and improve competitive opportunities for the sector's exports.
Pakistan's TCS to pioneer Smart Indigo production  (2019-01-16)
  Pakistan-based textile colour management company Technical Color Solution (TCS) has partnered with French textile machinery supplier Sedo Engineering to produce pre-reduced liquid indigo dyes using an electrochemical process.
Apparel industry concern as Brexit deal shot down by MPs  (2019-01-16)
  Apparel industry trade bodies are warning a No Deal Brexit must be avoided at all costs after a proposed UK-EU Brexit deal was overwhelmingly rejected by British lawmakers last night.
Gymboree Group prepares for second bankruptcy filing?  (2019-01-16)
  US children's apparel retailer Gymboree Group is said to be preparing to file for bankruptcy protection as soon as this week, in a move that would be its second bankruptcy filing in less than two years.
Sustainability top of mind for Gen Z consumers   (2019-01-15)
  Sustainability is driving demand and customer loyalty, according to a new survey, with more than two-thirds of respondents saying they consider sustainability when making a purchase and are willing to pay extra for more eco-friendly products.
Varner shortens supplier lead times with PLM  (2019-01-15)
  Scandinavian fashion retailer Varner is streamlining product development and adapting more quickly to trends thanks to its investment in a new product lifecycle management (PLM) tool.
Gerry Weber adjusts FY results to report wider loss   (2019-01-15)
  Struggling German fashion retailer Gerry Weber has adjusted its preliminary results for the financial year 2017/18 to reflect a EUR44.2m (US$m)  impairment - the vast majority of which it says is related to its core Hallhuber brand.
JC Penney promotes Robbins as supply chain chief  (2019-01-15)
  US retail giant JC Penney has made a number of leadership changes, including the appointment of a chief transformation officer, less than a week after it announced the closure of three stores as part of an ongoing evaluation of its store portfolio under new CEO Jill Soltau.
Boohoo raises FY guidance on strong Q3  (2019-01-15)
  Online fashion retailer Boohoo has once again upped its full-year revenue guidance on the back of strong growth across all brands and regions in the four months to December.
New consolidation centre to boost Walmart supply chain  (2019-01-15)
  Walmart is to open a new high-tech consolidation centre this summer in a move aimed at making its supply chain more efficient - with automated technology enabling the business to handle three times more volume and help deliver the right product to the right store.

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