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The denim industry makes a major foray into sustainability, reports Textiles Intelligence ...more...
Cotton prices forecast to fall in 2019/20 and 2020/21 as supplies hit record levels and outstrip demand ...more...
Retailers and brands invest in "bricks and mortar" stores in a fightback against online shopping ...more...
Global shapewear market set for resurgence as celebrity endorsements of brands, a selfie culture and social media spur demand ...more...
International hosiery market set for transformation as sourcing shifts towards emerging low cost producers in Asia ...more...
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Sunday, February 23, 2020
Half-year earnings slip at Woolworths on womenswear weakness  (2020-02-20)
  South African retailer Woolworths has reported a 17.7% fall in half-year profits on the back of weakness in womenswear sales.
Clothing exempt from US tariff hike on EU goods  (2020-02-20)
  Clothing from the EU will not face increased tariffs, the US has confirmed.
Global goods trade seen weakening in 2020  (2020-02-19)
  Global trade in goods is likely to remain weak in early 2020, according to the WTO Goods Trade Barometer, with the coronavirus outbreak expected to dampen trade prospects further.
New immigration rules concern UK fashion industry  (2020-02-19)
  The UK Home Office has launched a new points-based immigration system aimed at ending the reliance on cheap, low-skilled labour coming into the country - a move that could limit the growth of the fashion sector, an industry trade body has warned. 
Goods barometer signals further weakening of trade  (2020-02-19)
  Global trade in goods is likely to remain weak in early 2020, according to the WTO Goods Trade Barometer, with the coronavirus outbreak expected to dampen trade prospects further.
Adidas tops sustainable cotton sourcing ranking  (2020-02-19)
  German sportswear giant Adidas has topped the 2020 Sustainable Cotton Ranking, with H&M taking the third spot in the assessment of companies that use a significant amount of cotton.
VF Corp offers notes to fund sustainability projects  (2020-02-19)
  Apparel giant VF Corp is offering EUR500m (US$540m) in unsecured notes to investors, with plans to use the proceeds to fund a number of sustainability projects.
EU targets textile re-use, recycling in "Green Deal"  (2020-02-19)
  Textile reuse and recycling will be a priority under a new plan from the EU, which aims to halve waste by 2030.
Cambodia EBA withdrawal a "dramatic setback" for footwear  (2020-02-19)
  Cambodia's footwear industry has expressed "disappointment" over the EU's decision to partially suspend the Everything But Arms (EBA) trade benefit, describing the decision as a "dramatic setback" for the sector.
Nike in senior leadership reshuffle  (2020-02-19)
  US sporting goods giant Nike has announced a series of senior leadership changes, including the appointment of chief financial officer (CFO), Andy Campion, as COO. 
New USTR office to monitor China 'Phase One' implementation  (2020-02-19)
  The Office of the United States Trade Representative (USTR) has announced the formation of a new Bilateral Evaluation and Dispute Resolution Office to monitor China's implementation of its commitments under the 'Phase One' agreement and work with China's corresponding organisation to address disputes that arise over implementation matters. 
Kingpins Transformers becomes Transformers Foundation  (2020-02-19)
  Denim trade show Kingpins Transformers has transitioned into Transformers Foundation, a non-profit entity focused on actively addressing and facilitating change in key areas of the denim supply chain.
Puma warns Coronavirus likely to impact Q1 numbers  (2020-02-19)
  Puma has warned its first-quarter results will likely be affected by the impact of the coronavirus outbreak in China but remains optimistic about hitting its full-year targets.
Turkey optimistic on FY exports despite 2019 target miss  (2020-02-18)
  Turkey is reportedly aiming to export US$19bn worth of garments in 2020, after missing the target in 2019.
Amann thread receives gold Cradle-to-Cradle certification  (2020-02-18)
  Thread manufacturer Amann Group has received gold-level certification for its Amann Lifecycle TN technological cycle thread from the Cradle to Cradle Products Innovation Institute.

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