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2020-06-01 11:25:01
ELG’s Q1 results impacted by the lockdown
"We are all facing a lively and unprecedented scenario on account of the COVID-19 outbreak, which began in Wuhan, China, and in the first quarter of 2020 affected nearly the whole world. The imposed
2020-05-11 12:49:48
Cotton demand comes down during pandamic
The rapid spread of COVID-19 has severely impacted the global cotton supply chain. An unexpected reduction in cotton mill use data is observed across all of the major cotton spinning countries,
2020-05-06 09:49:01
World is paying a high price for cheap clothes
When shoppers entered H&M's flagship store in central London last summer, the first thing they would have seen was a dark blue, flowery minidress hanging front and center. On sale for just £4
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
2020-03-16 07:19:26
Brands counting the cost of coronavirus
Major German sports groups Puma and Adidas have spoken of the early effect on their businesses of the coronavirus outbreak. They have focused on China, although the virus is now a pandemic and is
2020-03-02 08:19:58
Columbia Sportswear outlines potential impacts of coronavirus
In an update on how the coronavirus has impacted their business, Columbia Sportswear said there will be near-term effects but that China remains one of the company's strongest long-term
2020-02-14 07:02:11
Ralph Lauren gives update on impact of Coronavirus
In response to continuing developments related to the coronavirus outbreak in China, Ralph Lauren Corporation is following the guidance of local authorities and global health organizations as it
2020-01-31 09:03:36
The Indian textile industry looks forward to new financial allocation in Union Budget
Indian textiles industry is expecting the Union Budget 2020-21 to be more focused with new financial allocations to strengthen the sector, especially the MSME segment. Union finance minister Nirmala
2020-01-06 07:27:56
Adidas reimagines sport unveiling its all-new women's collection
Adidas kicks off 2020 by inviting the world to reimagine sport, challenging old stereotypes and celebrating movement of all kinds. Inspired by the belief that sport has evolved, the brand’s new
2019-12-16 06:56:04
Indonesia's textile industry may get an edge in sustainability through viscose
Said to be the second-largest polluter in the world, right behind the oil industry, the harmful impacts of the fashion industry, which is valued at around $2.4 trillion and employs more than 75
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