Thailand based chemicals, fibres and woollen yarns conglomerate Indorama Ventures Group Ltd (IVL) is to acquire the assets of Portugal's Artlant, strengthening its position in the European Purified Terephthalic Acid (PTA) market.
Tu, the clothing division at UK supermarket group Sainsbury's, "significantly" outperformed the market in the first half as group sales climbed by almost 7%, the retailer said in a trading update today (9 November).
As part of its project to improve education opportunities for young people in some of its supplier countries, Hong Kong-based fashion brand Esprit has opened a 'Yes Center' school in South-Punjab, Pakistan, and revealed plans to open an additional four facilities.
Bangladesh textiles and apparels major DBL 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.
Criticism has been levelled at footwear and garment factories in eastern and south-eastern Europe supplying brands and retailers such as Benetton, Esprit and Vera Moda - with new research suggesting endemic poverty wages and stark working conditions remain ongoing problems.
Superdry brand owner SuperGroup 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.
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.
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.
French luxury goods group Kering 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.