Adidas & Reebok Part Ways
Adidas has decided to begin the formal divestiture process for Reebok as part of its new five-year strategy, details of which will be unveiled on...
Tag : fashionindustrynews
ARCADIA’S FLAGSHIP BRANDS TOPSHOP & TOPMAN VALUE DROPS BEFORE BUYOUT
Topshop, Miss Selfridge and Dorothy Perkins are reportedly now worth about half their £800 million value, following the parent company Arcadia’s administration. Arcadia’s retailers were...
Lululemon See Rise in Sale
Sees Good Demand for Workout Apparels, Women’s wear Lululemon reported third-quarter sales of $1.1 billion, up 22% from a year ago, beating analysts’ estimates as...
MANISH ARORA STOPS OPERATIONS
Famous fashion designer Manish Arora’s namesake fashion brand has reportedly been knocked down by bad business deals, unpaid wages, lawsuits and vendor disputes that began...
US CHINA RELATION UNLIKLEY TO IMPROVE BIDEN SAYS WILL NOT REMOVE TARIFFS
President-elect Joe Biden said he won’t immediately remove the elevated tariffs that the Trump administration imposed on China. Biden intends to first review the existing...
THE MOST FASHION CENTRIC BRAND LAYS OF 60 EMPLOYEES IN INDIA…
Find out here…. Fast fashion retailer H&M has restructured its business and laid off around 60 employees in its India sourcing entity. The good news...
HOHENSTEIN ISSUES GUIDELINES FOR TESTING COMMUNITY MASKS
Testing and research partner Hohenstein will now test community masks according to the first European guideline for, the CEN Workshop Agreement. Hohenstein had already taken...
GAP INC REPORTS FLAT SALES IN Q3
Online Business Saves the Show for Brand Gap Inc, a US-based specialty apparel company, has reported its financial results for the third quarter (Q3) of...
Lockdown 2.0 Begin in Europe Will Apparel & Fashion Industry Survive or Succumb???
The impact of coronavirus (COVID-19) was felt hard across apparel, and fashion industries. In Europe’s clothing sector, compared to the same period in 2019, production...
Raymond launches anti-viral range of fabrics for suiting and shirting
Virasafe’ offers all-day protection from viruses and Germs due to the built in Silver Technology effective on a large range of microbes. The fabric finish...