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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
2020-05-22 09:06:45
Green light for Indian manufacturers to export PPE
The decision in India to enable garment manufacturers to export non-surgical masks around the world was heralded by native stakeholders, which endeavors revenue rise by up to US$1 billion within the
2020-05-20 11:19:55
VF’s active segment up by 4% in fiscal 2020
According to its results for Q4 and fiscal year 2020, VF Corp saw a 2% increase in revenue for the full fiscal year 2020, reaching a total of $10.5 billion. Revenue in the active segment increased 4
2020-05-08 13:04:37
Lenzing’s performance impacted by the unpredictable market
In a historically difficult market environment with increased pressure on prices and volumes resulting from the COVID-19 crisis, the Lenzing Group reports that it has held its ground well in the
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
2020-04-15 13:46:58
Polygiene have a positive first quarter
Polygiene, maker of antimicrobial textile technology, has reported positive sales growth in the first quarter of 2020, despite production stops across Asia and other challenges related to the
2020-03-30 12:02:19
Stimulus measure critically needed for NCC
The U.S. cotton industry commends Congress and the Administration for reaching agreement today on a broad-based economic relief/stimulus package for individuals and businesses, including the
2020-03-30 10:29:18
Anta looking forward to ‘high-quality growth’
Chinese sports group Anta has reported revenues of almost $4.8 billion for 2019. It said this figure represented an increase of more than 40% compared to the previous year. The Anta brand brought
2020-03-27 11:27:42
Senate’s $2 trillion war chest welcomed by AAFA
The American Apparel and Footwear Association (AAFA) has welcomed Senate approval of a US$2 trillion war chest which will ease the hardship felt by businesses across the country since the outbreak of
2020-03-27 10:21:53
Nike sales top expectations despite coronavirus
Nike Inc. topped Wall Street’s expectations for third-quarter earnings and revenue, despite the coronavirus pandemic that roiled China right as Lunar New Year kicked off. In a Nutshell:
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