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Market Buzz& Industry News

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How to cut costs in a fashion business - Who decides and where?

08/19/2019

No one enjoys implementing cost cuts. They are an admission that the business has got out of control. But many of us have had to do it at some time or another, writes Malcolm Newbery, who explains some of the methods and tools used to decide - and then take - unpleasant actions.

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Fast Retailing engages robot startups to boost warehouse efficiencies

11/13/2019

Japan's Fast Retailing Group, the owner of brands including Uniqlo and Gu, has employed two robotic startups to help improve efficiency in warehousing and distribution.

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India approves mega leather, footwear cluster

11/13/2019

India's Government is said to have given its final approval for the setting up of the Mega Leather, Footwear and Accessories Cluster (MLFAC) in Kolkata.

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Applied DNA completes leather DNA tagging in Asia

11/12/2019

Applied DNA Sciences, Inc has announced the successful DNA tagging of leather at one of the world's largest tanneries based in Asia.

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Sympatex unmixed polyester laminates can help close the loop

11/13/2019

Functional fabric specialist Sympatex Technologies has developed a selection of new, unmixed polyester laminates as part of its goal to offer completely non-toxic, recycled and recyclable functional textiles by 2020.

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Miami sourcing show agenda takes shape

11/13/2019

Tariffs, sustainable supply chain, and near sourcing are all topics set for discussion at next year's Apparel Textile Sourcing Miami (ATSM) event with the agenda starting to take shape. 

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AGT fashion signatories commit to Transparency Pledge

11/13/2019

Several fashion companies participating in the Dutch Agreement on Sustainable Garments and Textile (AGT) have signed a Transparency Pledge committing to additional disclosures.

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ThredUp adopts AI to improve personalisation

11/13/2019

Peer-to-peer-marketplace ThredUp has partnered with product attribute platform Lily AI to tag its clothing to help improve customer personalisation.

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Textile Exchange takes on blockchain for transparency

11/13/2019

Non-profit industry group Textile Exchange has set out a number of initiatives aimed at increasing transparency and sustainability in the supply chain, including the use of blockchain technology.

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Michael Buckley to return to True Religion as CEO

11/13/2019

US upscale denim brand True Religion Apparel has announced its former president, Michael Buckley, is to return to the company as CEO, effective immediately.

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Tefron deploys ERP system for growth

11/13/2019

Israeli lingerie and sportswear manufacturer Tefron has invested in a new enterprise resource planning (ERP) solution to help manage its growth.

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China eyes stronger textile and apparel ties in Southeast Asia

11/09/2019

China's state textile planners are strengthening ties with Mekong River countries within Southeast Asia in the textile and apparel sectors. The move contradicts assumptions that the Chinese government wants to oppose the exodus of domestic producers to this region.

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Bangladesh buyers urged to conduct responsible purchasing practices

11/12/2019

Stakeholders of Bangladesh's denim industry are being urged to analyse and conduct responsible business practices when dealing with the country's vendors.

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New Look narrows H1 loss but sales continue to fall

11/12/2019

New Look narrowed its losses in the first half of the year but like-for-like sales continued to decline, with the retailer blaming the fall on ongoing consumer uncertainty and seasonal volatility.

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Bangladesh RMG exports slip in Q1

11/12/2019

The export of readymade garments (RMG) from Bangladesh during the first quarter of the fiscal year fell 6.67% to US$10.5bn.

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Mexican gov urged on apparel circularity framework

11/12/2019

The Mexican government is being urged to execute policies that can help the apparel industry transition to a circular economy.

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Gerry Weber hires supply chain & product directors

11/12/2019

German womenswear retailer Gerry Weber International has bolstered its management team with the appointment of two new directors covering supply chain management and product planning. 

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Tiger of Sweden names Linda Dauriz CEO

11/12/2019

Stockholm-based fashion house Tiger of Sweden has named Hugo Boss executive, Linda Dauriz, as its new CEO.

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Vietnam misses key targets of textile-garment plan

10/23/2019

Eleven years after Vietnam's Ministry of Industry and Trade approved its textile and garment industry development strategy for 2010-2020, the availability of domestically-made textile inputs remains a major problem that continues to hinder clothing manufacturers in the country.

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Adidas to cease production at US & German Speedfactories

11/11/2019

Sportswear giant Adidas has announced production at its Speedfactories in both Germany and the US will be discontinued next year amid plans to deploy Speedfactory technologies at two of its Asian suppliers by the end of 2019.

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