ADIDAS RAISES FULL-YEAR FORECAST, SEES 55% GROWTH
Germany-based sports brand Adidas has recorded positive second-quarter results driven by increase in all its market segments except Greater China. The company reported a 55%...
Author : PS NewsDesk
Levi Strauss Enters Activewear, Buys Beyond Yoga
American clothing company Levi Strauss has entered the activewear space by acquiring athletic and lifestyle apparel brand Beyond Yoga for an undisclosed amount. Beyond Yoga...
A NEW TECHNOLOGY PLATFORM TO BE ADOPTED BY FASHION WIGS
The UK Fashion and Textile Association (UKFT) is working with technology companies IBM, Tech Data, and the Future Fashion Factory to design, prototype and pilot...
The NBA opens its first Store in London
The National Basketball Association has opened its very first UK flagship store in Carnaby, London.'"q Launched in partnership with the sports brand Fanatics, the two-floor...
Centre Takes Series of Measures for Technology Upgradation and Modernisation in Textile Industry
With a view to catalyse technology up-gradation and modernisation in textile industry in the country to make it globally competitive, Ministry of Textiles is implementing...
Fast Retailing cuts its annual profit forecast
Uniqlo owner Fast Retailing has lowered its annual profit forecast as a result of additional Covid-19 related government restrictions in Japan and overseas denting footfall....
UK SEES DECLINE IN ONLINE SALES
Online retail sales fell at their highest rate in history last month despite overall spending remaining high amid fears the online boom could be coming...
Crocs have made a pandemic comeback
Crocs reported record sales of $640m in the three months to 30 June - nearly double the same period last year. And the trend shows...
TEXTILE MINISTER BUOYANT ABOUT 10X GROWTH
Piyush Goyal, the new textiles minister, has set an ambitious target of scaling up the industry’s capacity by 10 times, amid indications that the government...
V mart acquires Arvind fashion’s Unlimited
Arvind Lifestyle Brands, a wholly owned subsidiary of Arvind Fashions Limited (AFL), has signed definitive agreements for strategic sale of assets of its Unlimited retail business to V-Mart...