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Li Ning in Profit Warning as Sales Slump.

By   /  June 30, 2012  /  Other Textile News  /  No Comments

Financial Highlights Hong Kong – Li Ning Company Limited is one of the leading sports brand enterprises in China, announces its results for the year ended 31 December 2011. Revenue declined year-on-year by 5.8% to RMB8,929 million. Profit attributable to equity holders decreased by 65.2% to RMB386 million, while earnings per share decreased by 65.3% […]

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Joe’s Jeans Announces New International Distribution Agreement.

By   /  June 30, 2012  /  Apparel & Fashion  /  No Comments

Los Angelos, USA – Joe’s Jeans Inc. has announced today that the Company has entered into a new multi-year international distribution arrangement with Advanced Retail for France. This international distribution agreement will supplement the Company’s existing distributors in the United Kingdom, Germany, Italy and Russia. In connection with this multi-year agreement, Advanced Retail will continue […]

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Alexium Expands Technical Team Ahead of Commercial FR Roll-Out.

By   /  June 30, 2012  /  Technical Textiles / Nonwovens  /  No Comments

Alexium has appointed David Lambert as its new process chemist and production transition manager to expand its technical team and in-house expertise. Following the recent signing of the Duro contract, which was announced on April 26, as well as Alexium’s relationship with the US Department of Defense, Mr Lambert’s appointment enhances the company’s capability for […]

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ANSYS Software Critical to Developing Speedo’s Fastskin Racing System.

By   /  June 30, 2012  /  Other Textile News  /  No Comments

Pittsburg, USA – Competitive swimmers this summer can streamline performance thanks to Speedo’s® revolutionary Fastskin Racing System®, which was designed using engineering simulation software from ANSYS . When worn together as a complete system, a Fastskinsuit, cap and goggle can reduce full-body passive drag by up to 16.6 percent, improve oxygen economy by up to […]

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U.S. and Mexico Meet to Discuss the Trans-Pacific Partnership.

By   /  June 30, 2012  /  Other Textile News  /  No Comments

Washington DC, USA – The United States held meetings this week with Mexico on the latter’s interest in joining the Trans-Pacific Partnership (TPP) negotiations. Deputy United States Trade Representative Demetrios Marantis met with Mexican Undersecretary of Foreign Trade Francisco Rosenzweig on Wednesday. The officials discussed each government’s engagement with its domestic stakeholders and consultations with […]

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Fujairah Launches Biggest Textile Factory in Middle East.

By   /  June 30, 2012  /  Cotton - Global Prices & News, Yarn & Fibre  /  No Comments

The emirate of Fujairah, known for its port and beachside resorts, now also boasts the biggest textile factory in the Middle East. Producing 10,000 tonnes of cotton yarn each year, the plant was built at a cost of Dh225 million (US$61.2m) by the Azerbaijan government, in partnership with Fujairah Government. The 44,250 square metre factory, which is […]

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Organisers Set Next Dates for Texprocess Americas.

By   /  June 30, 2012  /  Exhibition & Conference News  /  No Comments

The Second edition of Texprocess Americas, formerly SPESA EXPO, is the largest North American trade fair for the Equipment and Technology for the Development, Sourcing and Production of Sewn Products. Texprocess Americas provides a platform for leading international manufacturers to present their latest machines, plant, processing, IT systems and services for making up textiles and […]

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Alberto Makali Selects NGC’s Global Enterprise Suite for PLM and ERP.

By   /  June 30, 2012  /  Apparel & Fashion  /  No Comments

Miami, USA – NGC® Software today announced that Alberto Makali, a contemporary, luxury women’s fashion brand, has selected NGC’s Global Enterprise Suite as an integrated solution for PLM and ERP. New York-based Alberto Makali designs and produces evening wear, sportswear and dresses that are sold by leading retailers such as Saks, Nordstrom, Neiman Marcus and […]

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Lectra Announces Lectra Fashion PLM V3.

By   /  June 30, 2012  /  Apparel & Fashion, Fabric  /  No Comments

Paris, Italy – Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—textiles, leather, industrial fabrics, and composite materials—is announcing the new release of Lectra Fashion PLM. Lectra Fashion PLM was developed to give companies the visibility to make strategic business decisions and the in-depth value chain control to carry them […]

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Resistance is High; Garment Workers Force Shutdown in 350 Factories.

By   /  June 30, 2012  /  Apparel & Fashion  /  No Comments

Ashullia, Bangladesh – The main costs of living for garment workers are food and rent; both are rising much faster than wages. The overall inflation level is around 10%. So workers are demanding pay increases of up to 50% and are calling for rent controls to be implemented. These are the main demands of the […]

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