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Market Buzz& Industry News

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Doubts over BGMEA Bangladesh factory safety platform plans

09/07/2017

Bangladesh's apparel makers are pressing ahead with establishing a separate factory inspection and remediation body, which would operate after existing international health and safety initiatives expire in 2018.

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Hirdaramani IT arm taps smart data to manage quality

09/07/2017

A new quality management tool that uses powerful data analytics to minimise defects in apparel manufacturing has been developed by the technology arm of Sri Lankan clothing major Hirdaramani Group, and field-tested for over a year in its factories.

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NAFTA negotiations continue but no signs of major progress

09/07/2017

The second round of renegotiations for the North American Free Trade Agreement concluded this week with optimism from those involved of striking a deal but little in the way of major progress, it seems.

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Canada Goose urged to ban use of fur

09/07/2017

Outdoor apparel specialist Canada Goose is under the spotlight once again over the processes it uses to produce its apparel as actress Pamela Anderson calls on the brand's employees to push for a ban on the use of fur in it coats.

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How to encourage online browsers into buying

09/07/2017

UK brands lose out on around GBP3.4bn (US$4.4bn) in sales each year on items left in virtual shopping baskets, according to new research, which suggests investing in easy-to-use options across all online platforms, particularly mobile, is key to encouraging online browsers into buying.

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New Browzwear fabric analyser speeds 3D visualisation

09/07/2017

3D fashion design and development software specialist Browzwear has developed a new fabric analyser tool to give faster and more accurate digital fabric simulations.

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H&M Indonesia turning plastic waste into clothes

09/07/2017

Swedish fashion retailer Hennes & Mauritz (H&M) has partnered with the Indonesian arm of French consumer giant Danone, bottled water brand Aqua, and one of its most sustainable suppliers, to turn plastic waste into clothes.

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Gap to close 200 stores and shift focus to value

09/07/2017

Apparel retailer Gap Inc is to close 200 underperforming Gap and Banana Republic stores over the next three years as it looks to invest in other areas of the business to drive growth and capitalise on the value segment that shoppers are veering towards.

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Amazon coy on closure of Paris Sunday brand

09/07/2017

Online retail giant Amazon has refused to be drawn on press speculation it is to cease production and sale of its private label brand Paris Sunday, just months after it launched.

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Destination Maternity CEO steps down

09/07/2017

Anthony Romano, president and CEO of Destination Maternity, is to step down from the company today (7 September) as part of a mutual agreement with its board following the termination of its merger with France's Orchestra Prémaman.

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US Q2 in brief - Vince Holding, Destination Maternity, G-III Apparel Group

07/12/2017

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.

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Weaker spending affects US retail sales forecast

09/07/2017

Weaker than expected spending in the first quarter, coupled with decelerating inflation, has contributed to an adjustment in the forecast of US retails sales, which are now expected to grow between 3.2% and 3.8% rather than the 3.7% to 4.2% forecast earlier this year.

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Reebok recognises importance of social channels

09/07/2017

Global fitness brand Reebok is to make its social lifestyle content shoppable for the first time, as it looks to accommodate the growing number of consumers who discover products and shop online through social channels.

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JD.com invests in supply chain, trials first fully-automated sorting centre

09/07/2017

Chinese e-commerce company JD.com is testing its first fully-automated sorting centre, operated exclusively by robots and machinery, as part of plans to fulfil its promise of same- and next-day delivery to most of the country's population.

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China develops world's first 3D printed basketball boot

09/07/2017

Chinese sports brand Peak has unveiled what it claims is the world's first wearable 3D printed basketball boot.

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How the global apparel sourcing landscape is changing

09/05/2017

As usual MAGIC, one of the largest fashion trade shows in the United States held 13-16 August in Las Vegas, was crowded and hot. The event attracted over 81,000 attendees, including vendors, buyers, service providers and educational institutions coming from over 40 countries and regions. Dr Sheng Lu, assistant professor at the Department of Fashion and Apparel Studies at the University of Delaw...

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Hudson's Bay restructuring effort "proceeding as expected"

09/06/2017

Canadian retailer Hudson's Bay Company (HBC) says it is optimistic about the remainder of the year, despite widening its net losses in the second quarter, as its restructuring efforts, designed to generate more than CAD350m (US$282.6m) in savings, is "proceeding as expected".

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Call for GOTS to investigate GMO India cotton claims

09/06/2017

German organic fashion brand Cotonea is calling on the Global Organic Textile Standard International Working Group to investigate claims its GOTS-certified cotton from India contains Genetically Modified Organisms (GMO).

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ZDHC accepts first certification standards

09/06/2017

Chemical products with the Eco Passport by Oeko-Tex programme and the ToxServices Full Materials Disclosure programme have become the first accepted certification standards with the Zero Discharge of Hazardous Chemicals (ZDHC) Foundation.

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Micro plastic fibres from clothing found in tap water

09/06/2017

Microscopic plastic fibres, thought to be shed by clothes and flushed into water systems through washing, are finding their way into tap water globally, a new study has found.

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