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Press Releases
Brexit--the exit of the UK from the EU--could benefit the UK textile and clothing industry ...more...
Advances in electric vehicles and self-drive cars will cause major disruption for suppliers of textiles to the automotive industry ...more...
Consumer demand for textile products made from synthetic fibres will grow faster than cotton to 2025 ...more...
Bangladesh could overtake China to become the EU's largest apparel supplier by 2020 ...more...
Stain protective apparel: preserving aesthetics, durability, functionality and sustainability ...more...
 
Textiles News Headlines
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Saturday, November 18, 2017
Indorama strengthens PTA position in Europe with Artlant buy  (2017-11-10)
  Thailand basedchemicals, fibres andwoollen yarns conglomerateIndorama Ventures Group Ltd (IVL) is to acquire the assets of Portugal's Artlant, strengthening its position in the European Purified Terephthalic Acid (PTA) market.
Shandong Ruyi buys controlling stake in Trinity  (2017-11-10)
  Chinese textile majorShandong Ruyi has bought a controlling stake in Hong Kong menswear group Trinity, the owner of bespoke suit maker Gieves & Hawkes.
US apparel sector welcomes formal introduction of tariff bill  (2017-11-10)
  The US apparel and footwear industry has welcomed the formal introduction of the Miscellaneous Tariff Bill (MTB), which will temporarily reduce or suspend duties on certain American imports.
Clothing "significantly" outperforms market in Sainsbury's H1  (2017-11-09)
  Tu, the clothing division atUK supermarket groupSainsbury's,"significantly" outperformed the marketin the first half as group sales climbed by almost 7%, the retailer said in a trading update today (9 November).
Sears to sell properties to fund pensions, warns on Q3 loss  (2017-11-09)
  US retail giantSearsHoldings Corp has announced the next series of steps - including the potential sale of a further 140 properties - as part of its efforts to return to profitability
Esprit grows education scheme in supplier countries  (2017-11-09)
  As part of its project to improve education opportunities for young people in some of its supplier countries, Hong Kong-basedfashion brandEsprit has opened a 'Yes Center' schoolin South-Punjab, Pakistan, and revealed plans to open an additional four facilities.
DBL Group to plough $1.2bn into economic zone  (2017-11-09)
  Bangladeshtextiles and apparels majorDBL Group is pressing ahead with a plan to build a dedicated industrial zone in Moulvibazar, within the north-east of the country, sinking as much as US$1.2bn into the project by 2021.
Retailers urged to tackle labour abuses in Europe factories  (2017-11-09)
  Criticism has beenlevelled at footwear and garment factories in eastern and south-eastern Europe supplyingbrands and retailers such as Benetton, Esprit and Vera Moda - with new research suggesting endemic poverty wages and stark working conditions remain ongoing problems.
SuperGroup H1 sales jump, but warns on margin  (2017-11-09)
  Superdrybrand ownerSuperGroup has booked a 25.2% jump in first-half half, benefitting from continued strong growth across all channels, and said it expects full-year earnings to be in line with market expectations.
Adidas Q3 driven by US and China growth  (2017-11-09)
  German sportswear group Adidas has booked another quarter of strong earnings and revenue growth thanks to expansion in the US and China, but saw its share price dip as growth slowed in Europe.
Gap pilots AI-powered robots for warehouse processing  (2017-11-09)
  US apparel giant Gap is one of a number of major apparel brands piloting machines with human-like intelligence in their warehouses though San Francisco-based robotics and artificial intelligence start-up Kindred.
US ramps up spotlight on North Korea forced labour imports  (2017-11-09)
  The US has stepped up its efforts to ensure its importers aren't breaching legislation by sourcing goods made by North Korean nationals under force, in a move that could see companies have their assets frozen.
Organic cotton guides aim to boost sourcing  (2017-11-09)
  French luxury goods groupKering and non-profit Textile Exchange have launched two guides on the organic cotton trade they say will provide a blueprint for companies sourcing organic cotton, and incorporating it into their supply chains.
JC Penney surpasses energy and greenhouse goals  (2017-11-08)
  US retail giantJCPenney increased its effort to audit supplier factories in the last year and has surpassed its energy and greenhouse gas emissions goals.
Rojk pledges 100% biodegradable fashion or no production   (2017-11-08)
  Swedish fashion brand Rjk has pledged to make all its products 100% biodegradable and natural by 2020 or it will stop producing them.

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