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Friday, December 14, 2018
Van de Velde names Marleen Vaesen as CEO  (2018-12-13)
  Leading lingerie manufacturer and retailer Van de Velde has named Marleen Vaesen as CEO, succeeding Erwin Van Laethem who will leave the company by mutual agreement after two years at the helm.
Marquee Brands acquires outdoor specialist Dakine  (2018-12-13)
  Marquee Brands, owner of labels such as BCBG Max Azria, Ben Sherman and Body Glove, has added to its line-up with the acquisition of outdoor sports and lifestyle brand Dakine.
Bonmarche shares tumble on FY profit warning  (2018-12-13)
  Bonmarché has warned it could swing to a full-year loss as "extremely poor" Black Friday sales and the uncertainty surrounding Brexit makes for current trading conditions that CEO Helen Connolly said are unprecedented in the retailer's experience and "significantly worse" than during the recession of 2008/9.
House of Fraser buy weighs on Sports Direct profits  (2018-12-13)
  Sports Direct International's plan to rescue House of Fraser appears to have weighed heavily on the group's first-half profits.
Under Armour outlook update leaves analysts divided  (2018-12-13)
  US sportswear brand Under Armour has updated its outlook for the full year of 2018 with narrower losses predicted. However, an announcement that it is expecting slow revenue growth in North Amerca in the years to 2023 sent shares in the company tumbling.
Bangladesh garment factories shut as strikes break out  (2018-12-13)
  Garment production in as many as 50 factories in Bangladesh has been suspended as workers embark on a strike over wages.
Online fit and size project aims to reduce garment returns  (2018-12-12)
  A research project is underway in Germany to develop a software solution to improve size and fit predictions in online shopping - and reduce the amount of clothing that is unnecessarily returned and recycled.
Vaude honoured for sustainable business management  (2018-12-12)
  German outdoor clothing company Vaude has been honoured for its sustainable business management in a move CEO Antje von Dewitz says serves to encourage other companies to join efforts in the face of major global challenges.
Lack of discounting boosts Inditex profit and sales  (2018-12-12)
  Spanish clothing giant Inditex has maintained its sales and margin guidance for the full year amid increases in both earnings and revenues in the first nine months as the group continues to roll out its global, fully integrated store and online platform.
Superdry to shake up supply chain as H1 profits plunge  (2018-12-12)
  Superdry Plc. has pointed to "unseasonably warm weather" and a "lack of innovation in some core categories" for a failure to deliver on profits during the first half of 2019 but has promised it is addressing the issues, with its structure and supply chain set to undergo scrutiny in the coming months.
Bangladesh Alliance releases final factory safety report  (2018-12-12)
  The Alliance for Bangladesh Worker Safety released its fifth and final annual report on factory safety improvements during its tenure - claiming a 93% remediation rate across factories affiliated with the programme and close to 1.6m workers trained to protect themselves in case of a fire emergency.
Dry weather hits Australia cotton and wool production  (2018-12-12)
  Dry weather conditions are expected to impact wool and cotton output in Australia for the 2018-19 period, a report from the Australian government has revealed.
EU-Japan trade agreement on track for 2019 start  (2018-12-12)
  The trade agreement between the European Union (EU) and Japan is on track to enter into force in February 2019 after being approved by the European Parliament.
Major apparel brands still failing to tackle worker exploitation  (2018-12-12)
  Clothing and footwear companies are failing to tackle the exploitation of workers in their supply chains, according to a new benchmark report that measures companies' efforts to address forced labour.
What's in store at next Fashion SVP event?  (2018-12-11)
  UK apparel sourcing event Fashion SVP returns to London in the New Year with speakers including Jo Byrne, head of buying at fashion retailer New Look.