Iran Unveils First Genetically Modified Cotton

article 14

By   3 days ago

Tehran, Iran – PressTV reports that Iran has unveiled the first sample of genetically modified cotton, which has been produced through indigenous technology by Iranian specialists. The unveiling took place during the First International and 9th National Biotechnology Congress of Iran,

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FESPA Print Census Tells Global Story of Optimism and Growth

FESPA

By   3 days ago

Surrey, United Kingdom – Neil Felton hails ‘tremendous insight’ as major research project exposes six overarching trends driving the global wide format and specialty print community. The research project is the most far-reaching global industry survey ever conducted by the organization. More than 1200 respondents worldwide fully completed the extensive survey

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USDA Report: Global Cotton Production to Decline in 2015/16

USDA

By   3 days ago

Washington DC, United States – USDA’s initial projection for the 2015/16 global cotton crop is 111.3 million bales, 7 percent (8 million bales) below the 2014/15 estimate; area reductions in many countries are expected to account for the bulk of the 2015/16 production decrease. World cotton area is forecast 6 percent

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Vietam Clothing Firms Face Thorough Checks

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By   3 days ago

Hanoi, Vietnam – Vietnam News reports that Hundreds of vietnam garment and textile enterprises across 12 provinces and cities will be thoroughly inspected by the Ministry of Labour, Invalids and Social Affairs and experts from the International Labour Organisation (ILO). The inspections, to be conducted over the next five months, will look into factories’ working [...]

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Leatherworld Middle East 2015 Signs of on High Note Attracting 2,439 Trade Visitors from 44 Countries

article 20

By   3 days ago

Dubai, UAE – The curtains have come down on the inaugural edition of Leatherworld Middle East in Dubai, as UAE-based tanneries, manufacturers, designers, and distributors rubbed shoulders with European heavyweights looking to boost their footprint in the emerging regional leather market. A total of 2,439 visitors from 44 countries passed

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TechSci Research Reports US Textile Chemicals Market to Cross USD 2 Billion by 2020

Techsci Research

By   3 days ago

British Columbia, Canada – Use of textile chemicals during the manufacturing and processing of textile products enhances product quality and provides special properties to the fabric. Due to such properties, usage of these chemicals in textile manufacturing is increasing. According to recently published TechSci Research report “United States Textile Chemicals Market Forecast and Opportunities, 2020”,

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USDA Reports U.S. Cotton Crop Projected to Decline in 2015

USDA

By   3 days ago

Washington DC, United States – According to USDA’s initial projection for the 2015 crop, U.S. cotton production is forecast at 14.5 million bales, 11 percent below the final 2014 crop estimate. Based on the Prospective Plantings report, 2015 cotton area is expected at 9.55 million acres,

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SIWI: Unique Initiative for Clean Textile and Leather Production Expands

SIWI Logo

By   3 days ago

Stockholm, Sweden – Sweden Textile Water Initiative, one of Sweden’s largest public-private partnerships, will expand to new countries in Asia and Africa after a successful pilot project in India. Through the initiative, 28 Swedish textile and leather companies have cooperated with Stockholm International Water Institute (SIWI) to catalyse a shift towards sustainable production globally.

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Chemicals & Dyes View All →

FESPA Print Census Tells Global Story of Optimism and Growth

FESPA

By   3 days ago

Surrey, United Kingdom – Neil Felton hails ‘tremendous insight’ as major research project exposes six overarching trends driving the global wide format and specialty print community. The research project is the most far-reaching global industry survey ever conducted by the organization. More than 1200 respondents worldwide fully completed the extensive survey

Read More →

Huntsman Sustainability Redefined with New AVITERA® Black SE Dye

Huntsman_logo

By   3 days ago

Singapore – Until now, the hazardous substance p-chloroaniline (PCA) has been a potential impurity within reactive black dyes. Huntsman Textile Effects has developed a groundbreaking new reactive black dye AVITERA® Black SE to address this. Independent analytical test institutes confirm that this innovative dyestuff is free* from restricted arylamines, including PCA, to meet increasingly stringent [...]

Read More →

TechSci Research Reports US Textile Chemicals Market to Cross USD 2 Billion by 2020

Techsci Research

By   3 days ago

British Columbia, Canada – Use of textile chemicals during the manufacturing and processing of textile products enhances product quality and provides special properties to the fabric. Due to such properties, usage of these chemicals in textile manufacturing is increasing. According to recently published TechSci Research report “United States Textile Chemicals Market Forecast and Opportunities, 2020”,

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Virtuoso HD Product Decorating Systems Bring Next Generation of Sublimation Printing to FESPA 2015

Sawgrass

By   3 days ago

Sheffield, United Kingdom – Sawgrass will officially introduce the next generation of sublimation technology to European markets at FESPA 2015 in Cologne, 18 – 22 May. The new Virtuoso HD Product Decorating System is the first and only fully integrated, high definition product decorating solution on the market that has been created

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Mimaki CJV150 Series Receives Award for Best Print and Cut Solution 2015 During FESPA 2015

Mimaki_logo

By   3 days ago

Georgia, United States – Mimaki reported that it is honoured to be recognized at FESPA 2015 with a European Digital Press Association (EDP) Award for Best Print and Cut Solution. The Mimaki CJV150 Series brings simultaneous print/cut operations to an entry-level printer at a print speed of up to 56.2 square meters per hour. The [...]

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Iranian Researchers Present Simple, Fast, Economic Method to Leach Jeans

Iran Nanotechnology Intiative Council Logo

By   3 days ago

Tehran, Iran – Iranian researchers presented a simple, fast and economic method for leaching jeans by using nanotechnology. The final fabrics produced through this method have good color stability and they are antibacterial as well as having desirable softness and air diffusivity. In this research, clay nanosheets on montmorillonite modified with organic materials

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McLoone Prints One-Third of Flexible Labels Digitally on a DSI UV-Curable Inkjet Press from SPGPrints

spgprints-logo

By   3 days ago

Wisconsin,United States – McLoone, of La Crosse, Wisconsin, USA, an industrial label converter and nameplate maker, has boosted productivity, accelerated throughput, reduced material costs and increased profitability by migrating flexible label production from screen to digital with its SPGPrints DSI® UV-curable inkjet press.

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Datacolor AG Increase Consolidated Net Sales by 2% in Q1 2014/2015

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By   3 days ago

New Jersey,United States – In the first half of 2014/15, Datacolor AG increased consolidated net sales by 2% (in local currency terms 6%) to USD 34.4 million (H1 2013/14: USD 33.7 million). Operating earnings (EBIT) declined to USD 2.2 million (USD 2.5 million) mainly due to currency effects. Net profit for the period was USD [...]

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Yarn & Fibre View All →

Wool Producers can Learn about BWMB at the Royal Three Counties Show

British-Wool-Marketing-Board-Logo1

By   3 days ago

West Yorkshire, United Kingdom – Sheep farmers wanting to learn more about the wool process from farm to product can meet British Wool Marketing Board (BWMB) Board Members and staff at the Royal Three Counties Show next month. A strong sales season in 2014 and continuing demand from across the globe bodes well for this [...]

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Reiter: Premiere for Retech at Techtextil 2015

Rieter AG Logo

By   3 days ago

Winterthur, Switzerland – The Techtextil and Texprocess, the two leading international trade fairs, show the world’s biggest spectrum of materials, processes and technologies for the entire textile value chain. This year’s show attracted around 42’000 visitors from 116 countries, whereas attendance increased by about 6 per cent in comparison to the previous show in 2013.

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Re.Verso™ & Filatura C4 at Techtextil 2015

Filatura

By   3 days ago

Pistoia, Italy – Re.Verso™ opens the door to reveal a more complete and varied supply chain option, as well as a new product application through its latest selected partnership with the excellent Filatura C4 at Techtextil in Frankfurt, 4th -7 th May 2015. Thanks to a shared philosophy and dedication to sustainable manufacturing and business, [...]

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SSM Attended Three Exhibitions in Spring: Textile Asia,Indo InterTex and Techtextil

SSM Logo NEW

By   3 days ago

Horgen, Switzerland – SSM Schärer Schweiter Mettler AG participated at the following exhibitions in spring 2015: Textile Asia, Pakistan            28 – 30 March        Supporting agent AHS Textile

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Yarn Expo Autumn 2015 Returns in October to a New Venue

Yarn Expo Logo

By   9 days ago

Shanghai, China – Yarn Expo Autumn 2015 will take place for the first time in the National Exhibition and Convention Center (Shanghai), a bigger venue that is closer to China’s textile manufacturing hubs in surrounding provinces, from 13 – 15 October. The three-day event will be held in hall 4.1 of the venue where the [...]

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The Innovation Philosophy of Schlafhorst E³ – Triple Added Value for Textile Companies

Schlafhorst Logo

By   9 days ago

Ubach-Palenberg, Germany – E³ is the name of the new brand for Saurer’s aggressive innovation philosophy. It was unveiled for the first time at ITMA ASIA 2014 and offers textile manufacturers triple added value. E³ stands for Energy, Economy and Ergonomics and outlines a clear goal: the innovative products of Saurer increase the production and [...]

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Lenzing Group: Clear Earnings Improvement in Q1 of 2015

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By   10 days ago

Lenzing, Austria – The first quarter of 2015 for the Lenzing Group was characterized by satisfactory volume demand against the backdrop of still unsatisfactory selling prices. In spite of the ongoing difficult market environment, the upgraded product mix, slightly higher fiber sales volumes and the improved cost situation enabled Lenzing to achieve a clear improvement [...]

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DuPont and Reebok Collaborate on New Reebok CrossFit® Collection

dupont and reebok

By   10 days ago

Delaware, United States – DuPont Protection Technologies (DuPont) and Reebok International (Reebok) announced the signing of a multi-year trademark license agreement for the use

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Fabric View All →

Cone Denim Receives Oeko-Tex® Certification

Cone Denim logo

By   3 days ago

North Carolina, United States – Cone Denim®, a global leader in denim authenticity and innovation announced that its Cone Denim Jiaxing (CDJ) facility has received OEKO-TEX® Standard 100 certification on selected denim products.  Located in the Zhejiang Province, the CDJ facility is a state-of-the-art vertically integrated denim fabric operation known for its performance and premium [...]

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RevoLaze LLC Appoints Internationally Recognized Designer and Denim Finishing Expert as Global Ambassador

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By   3 days ago

Ohio, United States – RevoLaze LLC, the leader in high speed laser technology for the denim industry, announced a collaboration with JJ Medina, an internationally recognized designer and finish development expert. JJ will serve as RevoLaze’s global ambassador to initiate discussions with denim brands and manufacturers on adopting

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Intertextile Pavilion Shenzhen Benefits from Favourable Location in Southern China

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By   3 days ago

Shenzhen, China – The latest edition of Intertextile Pavilion at the Shenzhen International Trade Fair for Apparel Fabrics and Accessories will be held from 9 – 11 July 2015 at the Shenzhen Convention & Exhibition Center in halls 6, 7 and 9.

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Mermet USA Introduces Chroma™, a High-Performance Fabric for Superior Glare Control, Thermal Comfort and Visual Contact

Mermet

By   3 days ago

South Carolina, United States – Expanding its portfolio of high-performance Sun Control Textiles™, Mermet USA has introduced Chroma™, an innovative solar shade fabric with aluminum, high reflectance backing. Chroma’s two percent openness and unique construction of fiberglass

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C&A Foundation Announces Partnership with Ashoka to Support Innovation: Fabric of Change

CA-Foundation

By   3 days ago

Zug, Switzerland – C&A Foundation announced the launch of its global partnership with Ashoka, the world’s largest network of leading social entrepreneurs, to support innovations that have the power to transform the apparel industry. The three-year collaboration, called Fabric of Change: Innovating for a Sustainable Apparel Industry,

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Haniel Acquires Bekaert Textiles from Gamma Holding

HANIEL-LOGO

By   10 days ago

Duisburg, Germany – Franz Haniel & Cie. GmbH (Haniel) acquires Bekaert Textiles Holding II B.V. (Bekaert Textiles) from Gamma Holding, a holding Company owned by Gilde Buy Out Partners and Parcom Capital Management (Parcom). The company specializes in the production of mattress fabrics and generated

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Sunbrella® Fabrics and Architizer™ Announce Winners of Global “Future of Shade” Competition

Sunbrella Logo

By   10 days ago

North Carolina, United States – Sunbrella® fabrics, in partnership with Architizer™, announced the winners of the 2015 Future of Shade competition, an exploration of the possibilities of what fabric architecture can be. Winning Projects Created Solutions for Humanitarian, Wellness Garden

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Turkish Denim Makers Link Up with Retailers in Bangladesh

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By   10 days ago

Dhaka, Bangladesh – Denimco Textile, a Turkish denim maker, will open an office in Dhaka soon to sell the fabric to Bangladeshi exporters directly, as Bangladesh is a major exporter of denim products to Europe and US markets. “Everything is ready and we will open the office within one and a half months,” said Oguz [...]

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Technical Textiles / Nonwovens View All →

Raven Industries’ Engineered Films Division Launches New Geomembrane Product Line

Raven_Big-W

By   3 days ago

South Dakota, United States -  Raven Industries’ Engineered Films Division, an innovative manufacturer of specialty plastic film and sheeting, has announced the launch of a new flexible geomembrane product line designed to provide

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Prodrive Composites Develops New Manufacturing Process Drives Demand for Automotive Carbon

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By   3 days ago

Buckinghamshire, United Kingdom – Prodrive Composites has won projects worth more than £5 million on four new British sports cars.  The cars will be built in the UK by three different vehicle manufacturers and Prodrive will supply a range of composite components as a tier one supplier.

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Intertek Launches Non-Destructive Testing for Composite Manufacturers

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By   3 days ago

Massachusetts, United States -  Intertek , a leading provider of quality and safety services to a wide range of industries around the world, has announced its investment in expanded laboratory equipment to further enhance its advanced composites materials testing capabilities,

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INDA Announces Finalists for Prestigious World of Wipes Innovation Award

WOW-Logo

By   3 days ago

North Carolina, United States – INDA, the Association of the Nonwoven Fabrics Industry, announced the names of three finalists to compete for the prestigious World of Wipes Innovation Award®. The annual award recognizes the product that most expands the use of nonwovens and demonstrates creativity, novelty, uniqueness, and technical sophistication

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New REICOFIL Spunbond Pilot Plant for the Nonwovens Institute

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By   3 days ago

Troisdorf, Germany – Reifenhäuser Reicofil is supporting the Nonwovens Institute (NWI) of North Carolina State University, USA with a further cooperation: After the installation of a melt blown plant in 2011, Reicofil will now deliver an RF®4 BiCo spunbond line, which will be configured especially for trial purposes of the institute.

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DSM and Ascend form Global Strategic Alliance for Supply of Polyamide 66 Compounds

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By   3 days ago

Singapore – Royal DSM, the global Life Sciences and Material Sciences company, and Ascend Performance Materials Inc., the premium provider of high-quality chemicals, fibers and plastics, announced that they have formed a global strategic alliance for the supply of compounds

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Westmoreland Mechanical Testing & Research Announces New Composites Center of Excellence

WMT&R

By   3 days ago

Ohio, United States – Westmoreland Mechanical Testing & Research, Inc. (WMT&R) recently opened its new Composites Center of Excellence. The state-of-the-art facility significantly enhances WMT&R’s existing composites testing services. The Composites Center

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Scot Bader’s Launches Lightweight Composite Concourse Roof for Haramain High-Speed Railway Station Uses Crestabond® Primer-Less Structural Adhesive

Scott Bader Company Limited Logo

By   3 days ago

Northamptonshire, United Kingdom – The stylish, umbrella shaped concourse roof of the new railway station at Madinah uses a lightweight advanced composite solution to meet both the architectural design and natural light access requirements, alongside demanding build specifications.

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Weaving & Knitting View All →

SHIMA SEIKI to Exhibit at Meet the Manufcturer 2015

Shima Seiki Logo

By   3 days ago

Wakayama, Japan – Leading computerized knitting machine manufacturer SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its European subsidiary SHIMA SEIKI EUROPE, LTD., will participate in the Meet the Manufacturer 2015 exhibition in London, England this June.

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“Mayer Single China” Stays on Course for Success

Mayer & Cie Logo

By   10 days ago

Albstadt, Germany – The MSC 3.2 II, successor to the “Mayer Single China” (MSC for short), launched in 2012 and made by circular knitting machine manufacturer Mayer & Cie. CN (Mayer China), enjoys undiminished popularity in its target markets. On the market since late 2014, sales of the MSC 3.2 II, manufactured at the Chinese [...]

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Mayer & Cie. Ships 70,000th Knitting Machine

Mayer-Cie-Logo1

By   17 days ago

Albstadt, Germany – Knitting machine manufacturer Mayer & Cie. (MCT) of Albstadt, Germany, delivered in the last week of April the 70,000th circular knitting machine in the company’s 110-year history. It was an FV 2.0 double jersey machine and the customer was knitwear manufacturer Speidel GmbH. Speidel is using the machine at its knitting factory [...]

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SHIMA SEIKI to Participate in Techtextil North America

Shima Seiki Logo

By   17 days ago

Wakayama, Japan – Leading computerized knitting machine manufacturer SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its U.S. subsidiary SHIMA SEIKI U.S.A. INC., will participate in the Techtextil North America exhibition in Houston, Texas, U.S.A. this June. On display will be the company’s latest technological

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SHIMA SEIKI to Hold Private Show in Korea

Shima Seiki Logo

By   17 days ago

Wakayama, Japan – Leading Japanese computerized flat knitting machine manufacturer SHIMA SEIKI MFG., LTD., together with its Korean subsidiary SHIMA SEIKI KOREA INC., will hold a private exhibition in its office in Seoul, Korea later this month. SHIMA SEIKI will provide guests with the opportunity

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SHIMA SEIKI to Exhibit at Private Show in Italy

Shima Seiki Logo

By   17 days ago

Wakayama, Japan – SHIMA SEIKI ITALIA S.p.A., Italian subsidiary of leading Japanese computerized knitting machine manufacturer SHIMA SEIKI MFG., LTD., will hold a private exhibition at its office in Segrate, Milano later this month. The exhibition will be a showcase for the company’s latest selection of computerized

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Dornier Exhibits at Techtextil

Dornier logo

By   27 days ago

Lindau, Germany – Lindauer DORNIER will presents at this year‘s Techtextil machines for upmarket high-tech textiles for the protection of people and the environment such as functional textiles for solid matter, wet and air filtration as well as shading. Under the slogan “The Green Machine“ DORNIER broaches the issue of sustainable machine development for the [...]

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Mayer & Cie on Course for Growth

Mayer & Cie Logo

By   27 days ago

Albstadt, Germany – The long-established knitting machinery manufacturer from Albstadt, Germany, Mayer & Cie. is planning considerable investments in technology, facilities and personnel for the years 2015 and 2016. The largest individual share will go to the expansion and modernisation of MCT’s headquarters in Germany. Planned are investments of altogether about four million Euros

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Sustainable / Eco Textiles View All →

Cone Denim Receives Oeko-Tex® Certification

Cone Denim logo

By   3 days ago

North Carolina, United States – Cone Denim®, a global leader in denim authenticity and innovation announced that its Cone Denim Jiaxing (CDJ) facility has received OEKO-TEX® Standard 100 certification on selected denim products.  Located in the Zhejiang Province, the CDJ facility is a state-of-the-art vertically integrated denim fabric operation known for its performance and premium [...]

Read More →

Huntsman Sustainability Redefined with New AVITERA® Black SE Dye

Huntsman_logo

By   3 days ago

Singapore – Until now, the hazardous substance p-chloroaniline (PCA) has been a potential impurity within reactive black dyes. Huntsman Textile Effects has developed a groundbreaking new reactive black dye AVITERA® Black SE to address this. Independent analytical test institutes confirm that this innovative dyestuff is free* from restricted arylamines, including PCA, to meet increasingly stringent [...]

Read More →

European Outdoor Group Launches Programme of Sustainability Webinars

European-Outdoor-Group-logo

By   3 days ago

Zug, Switzerland – The EOG has announced the details of two events that will launch a programme of sustainability webinars, starting in the last week of May. The first, on Tuesday 26th May, will focus on the alignment of brands’ own restricted substances lists with REACH’s substances of concern evidence.  The second webinar, on Tuesday [...]

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Sustainability and Innovation Underscore Archroma’s New Offerings at Denim by Premiere Vision

Archroma-logo

By   3 days ago

Reinach, Switzerland – Archroma, a global leader in specialty chemicals, will showcase at the Denim Premiere Vision (DPV) show in Barcelona, May 27-28, how it is leveraging innovative chemistry to generate several new fashion-forward, eco-conscious colors and finishes. These advances add value for consumers, mills and brand owners alike. Make an impression with Optisul® C [...]

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SIWI: Unique Initiative for Clean Textile and Leather Production Expands

SIWI Logo

By   3 days ago

Stockholm, Sweden – Sweden Textile Water Initiative, one of Sweden’s largest public-private partnerships, will expand to new countries in Asia and Africa after a successful pilot project in India. Through the initiative, 28 Swedish textile and leather companies have cooperated with Stockholm International Water Institute (SIWI) to catalyse a shift towards sustainable production globally.

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Kering Open-Sources Environmental Profit and Loss Account Methodology to Catalyse Corporate Natural Capital Accounting

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By   3 days ago

Paris, France – Kering released the results of its pioneering Environmental Profit and Loss Account (E P&L), measuring its environmental footprint in its own operations and across the Group’s supply chains and valuing it in monetary terms.

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Sandler Publishes New Corporate Social Responsibility Report

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By   3 days ago

Saale, Germany – Taking responsibility and caring—for staff members, products, fellow citizens and the environment. This is the central thought within the concept of Corporate Social Responsibility. For Sandler AG it has always been a self-evident part of the corporate philosophy. In 2010, Sandler published its first Corporate Social Responsibility (CSR) report,

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CONWED Publishes Global Sustainability Report 2015

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By   3 days ago

Minnesota, United States – Conwed, the leading plastic netting manufacturer in the world, has published its Global Sustainability Report 2015. Headquartered in Minnesota and with locations in two continents, Conwed has implemented best practices at all of its locations with the objective of increasing efficiency in their day to day operations and creating netting solutions that [...]

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Apparel & Fashion View All →

Vietam Clothing Firms Face Thorough Checks

article 21

By   3 days ago

Hanoi, Vietnam – Vietnam News reports that Hundreds of vietnam garment and textile enterprises across 12 provinces and cities will be thoroughly inspected by the Ministry of Labour, Invalids and Social Affairs and experts from the International Labour Organisation (ILO). The inspections, to be conducted over the next five months, will look into factories’ working [...]

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Michael Kors Will Soon Break Ground on European Distribution Center

Michael Kors

By   3 days ago

London, United Kingdom – Michael Kors announced that it will soon break ground on a state-of-the-art distribution center in Trade Port North in Venlo, Netherlands. The new European Distribution Center (EDC) will service all of the luxury fashion brand’s European and Middle Eastern retail, wholesale and, eventually, e-commerce needs.

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U.S. Fashion Industry Applauds Passage of TPA by Senate

USFIA logo

By   3 days ago

Washington D.C, United States – The United States Fashion Industry Association (USFIA) applauds the Senate’s passage of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015, which would renew Trade Promotion Authority (TPA).“The fashion industry is grateful to the U.S. Senate for passing Trade Promotion Authority

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Gap Inc Reports Net Income of $239 Million in Q1 2015

Gap-Inc

By   3 days ago

California, United States – Gap Inc. reported first quarter fiscal year 2015 net income was $239 million or $0.56 per share on a diluted basis. The company also reaffirmed its full year earnings per share guidance to be in the range of $2.75 to $2.80. “With our leadership team in place, we are making the [...]

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Accord Marks Second Anniversary: Garment Industry in Bangladesh on the Way to Become Safe

Accord-logo2

By   3 days ago

Dhaka, Bangladesh – Two years ago in May 2013, global garment brands and retailers and 2 global unions and their national RMG affiliates signed an unprecedented agreement to make garment factories safe in Bangladesh. With more than 200 company signatories and 1500 factories covered by the agreement, the Accord is embarked on a large scale [...]

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The Buckle Reports Net income for Q1 of Fiscal 2015 of $33.6 Million

Buckle logo

By   3 days ago

Nebraska, United States -  The Buckle, Inc. announced that net income for the fiscal quarter ended May 2, 2015 was $33.6 million, or $0.70 per share ($0.70 per share on a diluted basis). Net sales for the 13-week fiscal quarter ended May 2, 2015 decreased 0.1 percent to $271.3 million from net sales of $271.7 [...]

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American Eagle Outfitters Reports Strong Q1 2015 Results with 7% Comparable Sales Growth

American Eagle Outfitters1

By   3 days ago

Pennsylvania, United States – American Eagle Outfitters, Inc. reported EPS of $0.15 for the first quarter ended May 2, 2015, a significant increase from EPS of $0.02 for the comparable quarter last year, and above EPS guidance of $0.09 to $0.12. The EPS figures refer to diluted earnings per share. Jay Schottenstein, Interim CEO commented, [...]

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L Brands Reports Q1 Operating Income Increased 11% to $371.8 Million

Limited-Brands-Logo

By   3 days ago

Ohio, United States – L Brands, Inc. reported first quarter earnings results. Adjusted earnings per share for the first quarter ended May 2, 2015, which exclude a $78.1 million ($0.23 per share) pre-tax gain on the sale of the company’s remaining interest in the third-party apparel sourcing business, increased 15 percent to $0.61 compared to [...]

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Other Textile News View All →

Tokyo is World’s “Hottest” Retail Market, According to CBRE’s Annual “How Global is the Business of Retail?” Report

CBRE Logo

By   3 days ago

California, United States – Tokyo is the world’s hottest market for retail expansion, attracting 63 new brands last year as leasing momentum in core areas remained strong, despite mixed signals in the economy and an increase in the sales tax to eight percent in April 2014, according to the latest report from CBRE Group, Inc., [...]

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Pakistan to Import 0.3 Million Cotton Bales from US

cotton

By   3 days ago

Lahore, Pakistan – International The News reports that Pakistan, a cotton-producing country, has committed to import more than 0.3 million bales from US during the current 2014/15 fiscal year. “We believe there is potential for even greater sales of US cotton to this growing market,” said Dahlen K Hancock, president of Cotton Council International (CCI).

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Strong Brand Support for New Multisports Show ISPO SHANGHAI

ISPO Shanghai logo

By   3 days ago

Shanghai, China – From July 2nd to 4th 2015, close to 400 brands from more than 20 countries present their products on the ISPO SHANGHAI 2015. ISPO’s summer show in China shows on over 30.000 sqm gross space new products from Outdoor, Health & Fitness, Running, Action, Sportstyle, Water Sports and Functional Textiles.

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Pakistan Textile Exports Increases 2.94% in April 2015

textile

By   3 days ago

Islamabad, Pakistan – Business Recorder Reports Pakistan textile exports from the country increased by 2.94 percent in April against the exports of same month of last year. The exports of textile group in April, were recorded at $1.081 billion against the exports of $1.05 billion in April 2014, according to Pakistan Bureau of Statistics (PBS).

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Leatherworld Middle East 2015 Signs of on High Note Attracting 2,439 Trade Visitors from 44 Countries

article 20

By   3 days ago

Dubai, UAE – The curtains have come down on the inaugural edition of Leatherworld Middle East in Dubai, as UAE-based tanneries, manufacturers, designers, and distributors rubbed shoulders with European heavyweights looking to boost their footprint in the emerging regional leather market. A total of 2,439 visitors from 44 countries passed

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GfK Study on Retail Conditions in 32 European Countries

GfK

By   3 days ago

Bruchsal, Germany – GfK has carried out a comprehensive analysis of the European retail scene in 32 European countries. The study examines purchasing power, the retail share of the population’s total expenditures, inflation, sales area productivity, changes in retail due to eCommerce, as well as a turnover prognosis for 2015.

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ILO Warns of Widespread Insecurity in the Global Labour Market

International-Labour-Organization-Logo2

By   3 days ago

Geneva, Switzerland – Only one quarter of workers worldwide is estimated to have a stable employment relationship, according to a new report by the International Labour Organization (ILO). The World Employment and Social Outlook 2015 (WESO)   finds that, among countries with available data (covering 84 per cent of the global workforce),

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Fashion Retailer TAKKO Selects TXT Retail for Customer-Driven Assortment Management

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By   3 days ago

Milan, Italy – TXT Retail, a leading provider of end-to-end planning solutions in retail, announced that TAKKO, one of Europe’s fastest growing fashion retailers, has selected TXTPlanning to support all its retail planning processes, from financial merchandise planning to assortment and in-season planning.

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