Source: https://www.businessinsider.in H&M is increasingly losing out to fast-fashion competitors. Operating profit at H&M decreased 62% in the first quarter of 2018, following its biggest sales drop on record in the fourth quarter of 2017. The retailer is increasingly losing out… Read More ›
Source: http://agenda.ge Since 1992, Elselema has been producing all types of clothing, with a particular focus on uniforms, outdoor wear, as well as casuals and knitted products for men, women and children. It’s a family business which has grown to operate… Read More ›
Source: http://www.rfidjournal.com With radio frequency identification deployments tracking retailer inventory and out-of-stocks on display shelves, some in the RFID industry are wondering where the next level of benefit for the technology may come from in retail. The RFID Lab at the… Read More ›
Source: http://www.fibre2fashion.com Marks and Spencer Group plc (M&S), a leading British multi-national retailer, has announced that the company’s clothing and home managing director (MD), Jill McDonald, has appointed a new leadership team for renovating the clothing and home business. The company… Read More ›
Source: https://retail.economictimes.indiatimes.com Textile major Arvind is planning to produce 40 per cent of garments in-house, from 10 per cent at present, as it looks to notch up the turnover of its textile business to Rs 10,000 crore in the next five… Read More ›
Source: https://www.thehindubusinessline.com ‘Operating cost isjust one-third of competing tech’ Even as textile exporters of Tiruppur and Karur crib about how they were impacted by the introduction of zero liquid discharge (ZLD) norms, an Ahmedabad company has shown how the technology can… Read More ›
Source: https://asia.nikkei.com Itochu has increased its ownership of a Vietnam state-owned textile company with an eye toward turning the country into a textile export hub for Europe amid rising labor costs in China. The Japanese trading house spent about 5 billion… Read More ›
Source: http://www.thedailystar.net Noman Group, the first Bangladeshi textile and garment manufacturing company to cross the $1 billion mark in export, is set to invest Tk 500 crore over the next three years to manufacture a specialised fabric. Called the ‘Coolmax All… Read More ›
Source: http://www.dhakatribune.com According to BGAPMEA’s latest data, garment accessories and packaging products earned $6.7 billion in the last fiscal year, of which over $1 billion came from direct exports Bangladeshi garments accessories and packaging manufacturers have made a massive new investment… Read More ›