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Textiles News Headlines
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Wednesday, June 20, 2018
Sports Direct divests all interest in Finish Line  (2018-06-20)
  UK high street sportswear chain Sports Direct has divested all interest in US-based athleticwear chain Finish Line - and says it has an 8.6% stake in Iconix Brand Group.
Bonmarche FY profit up despite "challenging" trading conditions  (2018-06-20)
  UK value women's wear retailer Bonmarché has booked a rise in annual profits thanks to a surge in online revenue but sales at its bricks and mortar locations were branded "disappointing" in the period.
Clo Insulation moves beyond outdoor apparel   (2018-06-20)
  Clo Insulation, a developer of highly breathable insulation for garments, is expanding its Vivo product line beyond outdoor performance wear.
Amazon launches latest US delivery initiative  (2018-06-20)
  Online behemoth Amazon has launched its newest last mile delivery initiative in the US, sending out another strong indicator that shoppers are increasingly gravitating towards omnichannel services.
KappAhl CEO steps down over "different views"  (2018-06-20)
  Danny Feltmann has stepped down as CEO of Swedish fashion chain KappAhl over differing opinions with the company's board regarding its development.
Trump claims Canadians smuggle shoes to avoid tariffs  (2018-06-20)
  The US footwear industry's business and trade association has issued a strongly worded response to President Donald Trump's allegation that Canadians are smuggling shoes across the border to avoid paying tariffs.
Rhone selects cloud PLM and SCM platforms  (2018-06-20)
  Men's activewear and lifestyle brand Rhone is turning to cloud-based product lifecycle management (PLM) and supply chain management (SCM) solutions to help expand its line with more efficiency and speed as the company continues its exponential growth.
Jack & Jones deploys organic acid bleaching agent  (2018-06-19)
  Denim brand Jack & Jones has partnered with textile chemicals specialist CHT Group to replace the use of potentially hazardous potassium permanganate bleaches in the manufacture of its jeans with a new agent based on organic acids.
Trade finance support helping grow global business  (2018-06-19)
  Trade finance facilitation programmes supported around US$22bn in trade transactions in 2016, with this figure expected to increase by more than 50% by the end of the year according to new estimates.
Eileen Fisher sets out sustainability roadmap  (2018-06-19)
  US-based women's wear brand Eileen Fisher has developed a new roadmap that it says will help reach its sustainable design goals by 2020.
Guess launches wardrobe recycling programme  (2018-06-19)
  Fashion retailer Guess Inc has partnered with I:Collect, a global solutions provider and innovator for the collection, certified sorting, reuse and recycling of used apparel and footwear, to develop a wardrobe recycling programme.
Sustainability charter gains momentum across Europe  (2018-06-19)
  The Outdoor Industries Association (OIA) and Outdoor Sports Valley (OSV) have become the latest national associations to adopt the European Outdoor Group (EOG) Sustainability Charter.
Debenhams in third profit warning amid difficult Q3  (2018-06-19)
  Shares in Debenhams tumbled by 12% in early trading this morning (19 June) as the British department store group said it expects to miss full-year profit forecasts in what will be the retailer's third profit warning this year.
Gore Fabrics hits key PFCEC-free milestone  (2018-06-19)
  The fabrics division of WL Gore & Associates has reached a key milestone in delivering against its ambitious PFC goals with the launch of a Durable Water Repellent (DWR) treatment, free of PFCs of Environmental Concern (PFCEC), that has been used on a new line of outdoor jackets. 
Trump threatens China with new $200bn import tariffs  (2018-06-19)
  The US has escalated its trade threats to China after President Trump said he is considering tariffs on an additional $200bn of Chinese goods if China "refuses to change its practices."

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