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Stain protective apparel: preserving aesthetics, durability, functionality and sustainability ...more...
 
Textiles News Headlines
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Sunday, January 21, 2018
World Bank warns of risks to global economic growth  (2018-01-11)
  Global economic growth is expected to edge up to 3.1% in 2018 thanks to a rebound in investment, manufacturing activity and trade, a new report shows - but adds there are risks to long-term growth.
Sears outlines return to profitability plan  (2018-01-11)
  Embattled retailer Sears Holdings has identified US$200m in additional cost savings it can make this year and secured more financing as part of a new plan it says will enhance liquidity and accelerate its return to profitability.
New guidelines to prevent Cambodia factory faintings  (2018-01-11)
  Cambodia's labour ministry has outlined new guidelines to prevent factory workers in the country's apparel and footwear industries from fainting at work.
House of Fraser offloads brands amid "disappointing" Christmas  (2018-01-11)
  House of Fraser has posted "disappointing" Christmas sales and finalised the terms of the sale of the brand names no longer used in the UK to Guangzhou Sunrise Trading Limited for a cash consideration of GBP30m (US$40.5m).
John Lewis warns on FY profit despite Christmas sales hike  (2018-01-11)
  Despite a sales rise in the Christmas trading period, the John Lewis Partnership has issued a profit warning for the full year as the pressure on margin seen in the first half has intensified.
Egyptian Cotton rebrands to boost demand  (2018-01-11)
  The Cotton Egypt Association (CEA) has launched a new brand identity and digital platform in a bid to rid the supply chain of falsely labelled Egyptian Cotton goods and increase consumer demand and retailer confidence in the raw material. 
Clothing review boosts Tesco Christmas trade  (2018-01-11)
  UK supermarket retailer Tesco posted its eighth consecutive quarter of positive sales growth, with its clothing sector performing well throughout the Christmas period as its F&F ranges continue to prove popular with customers.
Adidas to support Fashion for Good on sustainability  (2018-01-11)
  Fashion for Good, a global initiative trying to make fashion more sustainable, is partnering with German sportswear giant Adidas in a move it hopes will accelerate and scale sustainable innovation in the apparel industry.
Researchers modify bacteria for sustainable indigo dye  (2018-01-11)
  Researchers at the University of California have developed a more sustainable method of producing indigo dye - used primarily in blue denim - using lab-grown bacteria.
UK retail insolvencies rise for first time in five years  (2018-01-11)
  The number of UK retailers going into administration increased for the first time in five years during 2017 as falling consumer confidence and a drop in consumer spending start to bite.
M&S Q3 clothing sales slide on tough October  (2018-01-11)
  Marks & Spencer has revealed a mixed third quarter, with unseasonal weather blamed for a fall in like-for-like sales in its clothing division but a pick-up in its Christmas trading performance.
Primark teaching tools explore gobal supply chain  (2018-01-11)
  Value fashion retailer Primark has produced free curriculum-based teaching resources for UK secondary schools to help raise awareness of ethical issues.
Armani, Primark and Walmart urged to disclose factory lists  (2018-01-11)
  Armani, Primark, Urban Outfitters, Forever 21 and Walmart have come under fire from a trio of human rights groups who are urging major garment brands and retailers to publicly disclose the factories that produce their clothes.
Boohoo raises FY guidance on "record" sales  (2018-01-11)
  Online fashion retailer Boohoo has once again upped its full-year revenue guidance on the back of record sales in the four months to December across all of its brands.
US grounds $54K in counterfeit Air Jordans  (2018-01-11)
  Nearly $55,000 in counterfeit pairs of Nike Air Jordans sneakers that arrived as air cargo near Washington Dulles International Airport have been intercepted by US Customs and Border Protection (CBP) officers.

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