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2020-03-30 10:21:16
Lululemon's net revenue increased in Q4
In A Nutshell: Like most of its peers, Lululemon declined to provide financial guidance, given how the coronavirus pandemic has clouded the economic outlook. The company said it will provide updates
2019-12-30 07:50:56
Pioneering sustainable clothing, fashion designers aims at horseradish, nettles
Innovative fashion designers are turning to such things as horseradish and nettles to make sustainable clothing and accessories to the delight of a growing number of buyers. While more consumers
2019-09-16 16:40:00
Increasing revenue and shrinking profits for Chinese garments
China's garment industry saw revenue expansion and dropping profits in the first seven months of the year, according to the Ministry of Industry and Information Technology (MIIT). In the
2019-09-09 10:10:00
US profits hurt by cheap foreign polyester
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India. Unifi, which
2019-07-03 12:00:00
Netherland based fashion brand launches its Asia programme in partnership with Intellecap
Innovative startups from India with disruptive sustainability solutions applicable to the fashion supply chain will now have the opportunity to be part of a Asia innovation programme launched by
2019-07-01 11:50:00
H&M planning to boost profits this FY
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
2019-06-25 14:55:00
Goverment lets the fashion industry to thrash our planet
The proposals from Parliament’s Environmental Audit Committee to begin to address the thoroughly outsized contribution of the fashion industry to the trashing of our planet were modest. If they
2018-02-19 17:39:00
Kraftsamla launched at Magnetic Maharashtra
Consulate General of Sweden and Swedish Chamber of Commerce together with Swedish companies launch today at Magnetic Maharashtra the “Kraftsamla†pilot project- aimed to skill and train
2017-09-04 10:00:00
Textile companies to see revival in profit margins in second quarter
Profit margins of textile companies after remaining under pressure in the first quarter of the current financial year due to traders’ destocking ahead of the GST implementation effective July
2016-05-05 13:00:00
Handful tickets left for Planet Textiles 2016 event
Planet Textiles 2016 event on sustainability, which is co-organised by MCL News & Media, The Sustainable Apparel Coalition and Messe Frankfurt and is generously sponsored by Leadership partner,
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