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%...
Tag : apparels
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...
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....
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...
LVMH ACQUIRES MAJORITY STAKE IN OFF-WHITE™
LVMH and Virgil Abloh announced that the luxury conglomerate will acquire a majority stake in Off-White LLC, the trademark owner of Off-White. Abloh has been...
Ralph Lauren Unveils Range with RL Cooling Tech
Ralph Lauren unveiled RL COOLING a state-of-the-art wearable technology which will be worn by Team USA’s flag bearer during the Olympic and Paralympic Opening Ceremony...
All products from China’s Xinjiang Banned in the US
The U.S. Senate passed legislation on Wednesday to ban the import of products from China's Xinjiang region, the latest effort in Washington to punish Beijing...