H&M sales soar 9% in Q3 FY2018
Swedish fashion giant H&M (Hennes & Mauritz AB) has announced its quarterly report for the period 1 June 2018 – 31 August 2018. During the...
Category : News
Indian textile company Arvind Limited to invest Rs. 2.5K Cr, fetch Rs. 12K Cr in revenue
Arvind Limited, an India textile major engaged in the manufacturing of cotton shirting, denim, knits and bottomweight fabrics, is expecting INR 12,000 crore in revenue...
Garment products’ prices should be increased: Bangladesh
Bangladesh, the third-biggest garment exporter in the world, is once again pleading for the increased prices of it garment items. At the recently held Trade...
US retail company Sears shuttering stores quicker than ever as losses double
US retail company Sears Holdings Corp. has once again reported a drop in its business. The company’s net loss reached US $ 508 million in...
Bangladesh garment workers rebuff US $ 95 as minimum wage
Well well! garment manufacturers in Bangladesh agreed on BDT 8,000 (US $ 95) as minimum wage to the workers. To no surprise, readymade garment workers...
Online fashion retailer N Brown’s CEO steps down
English online fashion retailer, which has been witnessing a sluggish business for a while now, has announced the departure of its CEO Angela Spindler, who...
Clothing brand Vans eyes US $ 5 billion in retail business by 2023
American clothing and footwear label, Vans aims to touch US $ 5 billion in revenues by FY 2023 at 10-12 CAGR (Compound Annual Growth Rate)....
Austrian fibre maker Lenzing creates ‘Web Technology’ for sustainable production of nonwovens
Austrian fibre manufacturer Lenzing Group is taking a leap in developing sustainable nonwoven products as it launches a new technology concept, LENZING™ Web Technology with...
Tech giant Lectra launches Fashion PLM 4.0
France-based Lectra that offers hi-tech solutions to fashion firms world over has introduced the latest version of its PLM solution, ‘Lectra Fashion PLM 4.0’. The...
US retailer Target Corp. launches new women’s fashion brand Prologue
A few days back, leading fashion retailer JCPenney introduced its latest fashion brand Artesia for women. On the similar lines, Target Corp., leading offline retailer...