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Sunday, December 15, 2019
Technology underpins Inditex 9-month profit jump  (2019-12-12)
  Inditex, owner of the Zara and Bershka brands and one of the world's largest fashion retailers, has recorded a 12% jump in net profit for the first nine months to EUR2.72bn (US$3bn).
Lululemon Q3 net income leaps 33%  (2019-12-12)
  Canadian athleisure brand Lululemon Athetica has updated its full-year outlook after recording a 33.4% jump in profits for the third quarter.
Tanzania rejoins ICAC to develop cotton potential  (2019-12-12)
  Tanzania has rejoined the International Cotton Advisory Council (ICAC) in a move that could help develop the "untapped potential" of its cotton sector.
M&S names Paul Babbs as new supply chain boss  (2019-12-12)
  UK retailer Marks & Spencer has confirmed the appointment of former Adidas executive Paul Babbs as its new chief supply chain officer.
Largest hemp fibre processing facility planned in US  (2019-12-11)
  The largest industrial hemp processing facility for textile-grade fibre is being planned in the United States to take advantage of the massive growth forecast for the industrial hemp industry.
Ascena books Q1 profit despite sales slide  (2019-12-11)
  Ascena Retail Group, owner of the Ann Taylor, Loft and Lane Bryant chains, has reported a mixed first quarter as profit surged but net sales dropped by 3% amid the wind down of its Dressbarn business.
PLM to drive transparency and growth at Naadam  (2019-12-11)
  Ethical cashmere brand NAADAM has invested in a new Product Lifecycle Management (PLM) solution to help drive transparency, improve vendor collaboration and sustain growth.
Browzwear adds YKK fasteners to 3D design tools  (2019-12-11)
  Browzwear, a specialist in 3D design and development software for the apparel industry, is to integrate YKK Corp fasteners into its digital platform.
Founder rescues online retailer Koovs from collapse  (2019-12-11)
  India-based online fashion retailer Koovs Plc has been rescued from administration by its founder, the media entrepreneur and politician Lord Waheed Alli.
M&S Founders Factory invests in three fashion start-ups  (2019-12-11)
  UK retailer M&S has started working with six fast-growth start-ups selected from 100 new businesses as part of its Founders Factory joint venture.
US apparel groups hail deal on USMCA trade pact  (2019-12-11)
  After two years of talks, a deal has finally been struck on the revised terms of the United States Mexico Canada (USMCA) trade agreement, with US apparel and textile industry groups urging swift Congressional and presidential approval.
Reclassification of women's shirts flags growing trend  (2019-12-11)
  Alarm bells have been raised over another proposal to reclassify some fashion items imported into the United States - with the latest plans relating to women's shirts.
Fashion industry pilot to produce first circular polybag  (2019-12-10)
  A new pilot project aims to reduce the use and impact of virgin polybags in the fashion industry by developing a fully circular solution based on recycled content.
Delta Galil secures patent for bra fastener accessory   (2019-12-10)
  Israeli apparel major Delta Galil Industries has been granted a US patent for a new bra fastener that can be used on bras of all kinds and is especially suited to sports bras.
Topshop Topman CEO steps down  (2019-12-10)
  The CEO of Arcadia Group's Topman and Topshop brands, Paul Price, has resigned after two years at the helm.

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