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Sustainability and craftsmanship are key to surviving difficult market conditions in the European fabric market ...more...
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Wednesday, August 21, 2019
New Look registers ranges with the Vegan Trademark  (2019-08-21)
  UK fashion retailer New Look has become the first high-street fashion retailer to register ranges with The Vegan Society's Vegan Trademark, amid a commitment to change its components and reduce reliance on animal-derived ingredients.
ISA TanTec starts work on its second tannery in Vietnam  (2019-08-21)
  Leather supplier ISA TanTec has started construction work on its second tannery in Vietnam.
Why vegan fashion materials require careful scrutiny  (2019-08-21)
  With fashion retailers from Topshop to New Look and Asos launching new vegan clothing and footwear lines, firms are also being advised to be aware of the difficulties in entering this complex market.
Monsoon Accessorize CEO steps down  (2019-08-21)
  Paul Allen, CEO of UK-based fashion and accessories retailer Monsoon Accessorize, is to step down from his role just weeks after the company's creditors approved its company voluntary arrangement (CVA) proposals.
Big C resumes business with 169 apparel suppliers  (2019-08-21)
  Vietnam's Big C supermarket chain has reportedly completed the review of its 200-strong apparel supplier portfolio and will continue to work with 169 of them.
Tailored Brands sells corporate wear business in $62m deal  (2019-08-21)
  US fashion group Tailored Brands - operator of the Men's Wearhouse, Jos A Bank, and Joseph Abboud brands - has sold its corporate apparel business for US$62m in cash to a group led by the unit's existing UK executive team.
Abercrombie & Fitch sets new supply chain sustainability goals  (2019-08-21)
  Retailer Abercrombie & Fitch has set new sustainability targets  - including a 30% water reduction in denim production by 2022 - after joining the United Nations Global Compact initiative.
3D vision technology automates gluing in shoe production  (2019-08-20)
  A 3D vision technology developed for facial recognition in smartphones is now being used by an international footwear manufacturer to automate the gluing process, helping to reduce costs and waste and improve production efficiency. 
Egypt invests US$1.2bn to promote cotton sector  (2019-08-20)
  The Egyptian Government is ramping up efforts to develop the country's textile industry, including a EGP21bn (US$1.2bn) investment to promote the added value of Egyptian cotton.
Li & Fung completes US$300m sale of LF Logistics stake  (2019-08-20)
  Sourcing giant Li & Fung has completed a deal to sell a 21.7% stake in its logistics business for US$300m to Singapore-headquartered investment company Temasek.
House of Fraser administration extended  (2019-08-20)
  Creditors in House of Fraser have approved another 12 months of administration for the UK department store retailer, just weeks after owner Sports Direct said it might have made a "different decision" regarding the acquisition of the chain last year had it had the gift of hindsight.
Augusta Sportswear Brands picks PLM to boost speed to market  (2019-08-20)
  Performance and athletic apparel maker Augusta Sportswear Brands has invested in a new product lifecycle management (PLM) solution to help accelerate its speed-to-market capabilities.
Chinese fabric maker "mulls" Philippines investment  (2019-08-20)
  Chinese yarn and garment fabric maker, Texhong Textile Group, is considering investing in a production facility in the Philippines, according to Trade and Industry Secretary Ramon Lopez.
Indonesia eyes US garment export growth  (2019-08-19)
  Indonesia is looking at ways it can boost its textile and garment shipments to the US - already its main export market - and increase imports of American cotton.
Plus-size retailer Avenue files for bankruptcy protection  (2019-08-19)
  Women's plus-size apparel and footwear retailer Avenue Stores has filed for Chapter 11 bankruptcy protection and is to close its remaining 222 stores as it transitions into an e-commerce-only platform.

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