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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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Saturday, February 22, 2020
SupplyCompass launches full-service platform  (2020-02-21)
  Online sourcing startup SupplyCompass has launched a new full-service platform to help fashion brands to design, develop and produce collections more quickly and efficiently.
Lower sales and strategy charge hit Gildan Activewear  (2020-02-21)
  Gildan Activewear has reported a drop in fourth-quarter and full-year profit after being hit by falling sales and a charge related to a shift in strategy aimed at simplifying its product portfolio and reducing complexity in manufacturing and distribution.
Gap partners with ThredUp in resale drive  (2020-02-21)
  US specialty apparel retailer Gap Inc is stepping into the secondhand apparel market through a new partnership with online resale store ThredUp.
Stahl leather products get Level 3 ZDHC Gateway certification  (2020-02-21)
  Leather chemicals and coatings company Stahl has achieved the highest level of ZDHC Gateway compliance for its wet-end and leather finishing products.
Top stories this week on just-style...  (2020-02-21)
  Top stories this week on just-style include a look at how China's clothing and textile makers are struggling to get back on track amid the continuing novel coronavirus (Covid-19) epidemic; why blockchain can help fashion brands enhance transparency; and Cambodia has urged the European Commission to reconsider its decision to partially suspend the Everything But Arms (EBA) trade benefit.
Laudes Foundation backs new Textile Tracker tool  (2020-02-21)
  A grant from the recently launched Laudes Foundation will help non-profit financial think tank Planet Tracker to undertake a detailed analysis of the textile industry and identify potential financial risks for investors.
Coronavirus puts question mark over Phase One trade deal  (2020-02-20)
  The novel coronavirus (Covid-19) outbreak is slowing economic activity in China and raising concerns about potential US supply chain vulnerabilities in a range of sectors, including strategic raw materials, a new report has warned - and also casts a question mark over the Phase One trade deal between the two countries.
India 10-month apparel and textile exports slip to $29.3bn  (2020-02-20)
  India's textile and apparel industry exported US$29.3bn worth of goods in the first ten months of its fiscal year, new figures show, marking a decline on the prior-year period.
Adidas China sales tumble 85% due to coronavirus  (2020-02-20)
  Sportswear firm Adidas says its sales in Greater China have slumped 85% since Chinese New Year amid the coronavirus outbreak, with a significant number of stores closed and a reduction in footfall at its locations that do remain open.
Authentic Brands Group among new owners of Forever 21  (2020-02-20)
  Forever 21 is to be acquired by Authentic Brands Group (ABG), Simon Property Group, and Brookfield Property Partners, with the trio forging a strategic partnership to purchase the US teen fashion retailer.
Laura Ashley agrees loan deal as H1 sales slide  (2020-02-20)
  Shares in Laura Ashley were up over 16% this morning (20 February) after the UK clothing and home retailer revealed it has secured a loan agreement that will allow it to meet its immediate funding needs.
Canopy sets out new vision for viscose sourcing  (2020-02-20)
  Not-for-profit environmental organisation Canopy has launched a 'Next Generation Vision' for viscose to support the investment in, creation, trial, and purchase of rayon and viscose products made from low- impact alternative fibres.
L Brands sells majority stake in Victoria's Secret  (2020-02-20)
  Private equity firm Sycamore Partners has taken a majority stake in Victoria's Secret, in a deal current owner, L Brands, says will deliver long-term value to shareholders.
New YKK zipper closes using magnetic force  (2020-02-20)
  Fastener manufacturer YKK has developed a new zipper that closes using magnetic force to facilitate quick clothing changes.
Sasha Radovich named executive director of Fashion Positive   (2020-02-20)
  Circular fashion movement Fashion Positive has named former Gap Inc senior manager, Sasha Radovich, as its new executive director.

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