H&M planning to boost profits this FY

Related Keywords: China, clothing, Garments, H&M, India, Inditex, Mexico, Myntra, Pretax, profit, Sweden, Textile, Textiles, Thiland, Tmall, Zara

Sweden
H&M planning to boost profits this FY
Summary: 
The apparel retailer said that the composition of inventory has improved, implying it will become easier to sell the garments. Hennes & Mauritz AB surged after the struggling Swedish clothing retailer showed progress coping with a buildup of unsold garments, raising hopes that the worst may be over after a three-year slump

The apparel retailer said that the composition of inventory has improved, implying it will become easier to sell the garments.

Hennes & Mauritz AB surged after the struggling Swedish clothing retailer showed progress coping with a buildup of unsold garments, raising hopes that the worst may be over after a three-year slump in earnings.

Inventory dropped slightly as a proportion of sales, easing to 18.2% at the end of May from a record 18.9% as of last August, H&M said Thursday. CEO Karl-Johan Persson said H&M still aims to boost operating profit this year.

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France and Sweden have submitted a proposal to Echa to ban or restrict over 1,000 skin sensitisers in textiles, leather, furs and skins sold to consumers

Related Keywords: apparels, ban, chemical, clothing, fabrics, France, skin, Sweden, Textile

United Kingdom
France and Sweden have submitted a proposal to Echa to ban or restrict over 1,00
Summary: 
France, Sweden propose ban on over 1,000 allergens in textiles.The joint initiative includes all substances classified as skin sensitisers under the CLP Regulation

France, Sweden propose ban on over 1,000 allergens in textiles.

The joint initiative includes all substances classified as skin sensitisers under the CLP Regulation and 25 substances of the family of disperse dyes with sensitising properties.

Ahead of the proposal, the French Agency for Food, Environment and Occupational Health and Safety (Anses) conducted a study to identify substances present in certain articles. And the Swedish Chemicals Agency (Kemi) carried out an analysis of risk management options under REACH on skin sensitisers in textiles.

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Arville and Svegea finding new ways in innovation

Related Keywords: apperals, Arville Textiles, coating, fabric, Garments, Spain, Svegea, Sweden, technology, Textile, weaving

United Kingdom
Arville and Svegea finding new ways in innovation
Summary: 
Arville Textiles has recently taken delivery of a new wide-width bias cutting and winding line in order to meet the demand for advanced technical textiles that are employed in a range of components by the aerospace

Arville Textiles has recently taken delivery of a new wide-width bias cutting and winding line in order to meet the demand for advanced technical textiles that are employed in a range of components by the aerospace and automotive industries.

The line is being supplied by Svegea of Sweden, a member of TMAS, the Swedish textile machinery association.

Bespoke products

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Fashion giant H&M steps up

Related Keywords: fashion, garment, H&M, labour, suppliers, supply chain, sustainability, Sweden, Textile, waste

United Kingdom
Fashion giant H&M steps up
Summary: 
Fashion brand H&M has become the first major retailer to list individual supplier details for each garment on its website to increase transparency in an industry with high risks of slavery and labour abuses. The Sweden-based multinational’s move was hailed by workers

Fashion brand H&M has become the first major retailer to list individual supplier details for each garment on its website to increase transparency in an industry with high risks of slavery and labour abuses.

The Sweden-based multinational’s move was hailed by workers rights groups who said it was a step forward, but added that the data may not be particularly meaningful to shoppers without additional information to put it into context.

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A sell out show for ITMA 2019!

Related Keywords: 18thshowcase to be held in Barcelona, France, Germany, Interest in ITMA 2019 is extremely strong, Italy, ITMA exhibition, Netherlands, Spain, Sweden, Switzerland and the United Kingdom, The European Committee of Textile Machinery Manufacturers (CEMATEX) comprises national textile machinery associations from Belgium

Barcelona
Summary: 
Show owner expanding space to accommodate overwhelming response.18 April 2018 - Held every four years since 1951, ITMA has reinforced its reputation as the world’s leading textile and garment technology exhibition. Exhibition space for its 18thshowcase to be held in Barcelona has been fully booked by the application deadline of 6 April 2018.

Show owner expanding space to accommodate overwhelming response.18 April 2018 - Held every four years since 1951, ITMA has reinforced its reputation as the world’s leading textile and garment technology exhibition. Exhibition space for its 18thshowcase to be held in Barcelona has been fully booked by the application deadline of 6 April 2018.

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Sweden looking for joint project on smart textiles with Birla

Related Keywords: boost development of smart textiles, cellulosic fibre and pulp, developing textiles made, in discussion with Aditya Biral Group, investing heavily, Joint project, seeks to support a globally successful textile industry, Sustainable Raw Materials, Sweden, Swedish company Domsjo and the Birlas, the area of smart textiles, using VSF

Mumbai
Sweden looking for joint project on smart textiles with Birla
Summary: 
Sweden has been investing heavily in developing textiles made from sustainable raw materials as it seeks to support a globally successful textile industry, they are now in discussion with Aditya Biral Group for a joint project in the area of smart textiles.

Sweden has been investing heavily in developing textiles made from sustainable raw materials as it seeks to support a globally successful textile industry, they are now in discussion with Aditya Biral Group for a joint project in the area of smart textiles.

Swedish minister for enterprises & innovation and rural affairs Sven-Erik Bucht said that if the talks fructify a joint venture between Swedish company Domsjo and the Birlas along with the two governments will be inked.

http://www.indiaretailing.com/2017/11/16/fashion/sweden-may-rope-birlas-joint-project-smart-textiles/
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