GAP REPORTED ITS Q1 2021 Results
A portfolio of purpose-led, lifestyle brands including Old Navy, Gap, Banana Republic, and Athleta, and the largest specialty apparel company in the U.S., reported first...
Tag : apparelnews
Arvind posts net profit of Rs 53.34 crore for March quarter
Leading textile manufacturer Arvind Ltd reported a consolidated net profit of Rs 53.34 crore for the fourth quarter ended March 2021. The company had posted...
C&A TO START PRODUCTION UNIT FOR SUSTAINABLE GARMENTS IN GERMANY
To produce the next generation of sustainable fashion an innovative project that incorporates the latest technology, perfect combination of digitalisation processes with maximum standards for...
Mothercare forecasts profit despite 40% sales drop
Mothercare has predicted that it will see a profit this year despite a 40% drop in sales. The maternity care retailer reported a “small” EBITDA...
M&S TO CLOSE STORES AS LOSSES WIDENS
M&S posts £201mn loss after lockdowns affect store sales. Marks & Spencer has announced plans to reduce its store estate after it plunged to a...
Puma use 90% sustainable materials by 2025
Sportswear and equipment manufacturer Puma has set itself the goal of manufacturing 90% of its products from more sustainable materials by 2025. The German business...
Deepika Rana’s Takes Over as Chief Operating Officer at Li & Fung
With over 30 years of experience in supply chain management at country, regional and global levels, Deepika has built a strong track record around its...
WHAT LIES AHEAD FOR FASHION BRANDS?
H&M, Next and Boohoo Shares Strategies for Coming Months The CEO of Hennes & Mauritz (HMb.ST) said that the fashion retailer was, convinced it would...
Kust launches sustainable swimwear collection using Fish Nets
Polish underwear label Kust has launched a sustainable swimwear collection made using recycled materials. The premium menswear brand has made the collection using Econyl, a...
Superdry Reports Growth in Q4
Superdry returned to growth in Q4 even though it reported a 21% drop in full-year revenue as Covid-19 continued to impact the business. The British...