Feedback Here

fbook  tweeter  linkin  google
Global contents also translated in Chinese

Facing financial pressures, is Alok Industries on the verge of cl…

Facing financial pressures, is Alok Industries on the verge of closure?

"Alok Industries, one of the most formidable players in Indian textile space, has been reeling under financial pressure and may soon be declared bankrupt if the dues aren’t paid. The current 270-day deadline for resolution set under the insolvency code is already over and the company management is trying to get s... Read more

India’s denim segment to witness slowdown in FY18: Ind-Ra study

India’s denim segment to witness slowdown in FY18: Ind-Ra study

"India’s denim segment, with close to 10 per cent market share of the textile industry, is expected to witness deterioration in credit profile in the absence of improvements in realisations in FY18, says a recent report, ‘Stable Input Prices, Fiscal Incentives to Support Textile and Cotton in FY18’, b... Read more

Gap Inc registers satisfactory Q4 performance

Gap Inc registers satisfactory Q4 performance

"Gap Inc’s fourth quarter profits increased 3 per cent to $220 million, or 55 cents a share, and sales rose 1 per cent to $4.43 billion. Its fourth quarter same-store sales were up 2 per cent, compared with a decline of 7 per cent in the same period last year, and same-store sales for the year fell 2 per cent, co... Read more

Aditya Birla Group planning another round of rejig

Aditya Birla Group planning another round of rejig

"The $41-billion Aditya Birla Group is planning another round of corporate reorganisation to unlock value and beef up the balance sheet, after consolidating its garments business into a single entity last year according to market sources, media reports suggest."   The $41-billion Aditya Birla Gro... Read more

China’s dyestuff companies less prosperous than printing and dyei…

China’s dyestuff companies less prosperous than printing and dyeing

"China came out with the 2016 Q1 report of listed printing and dyeing companies recently. The weighted average operating revenue of five representative listed companies reached 362 million Yuan, up 14.89 per cent year on year and net profits scored at 21 million Yuan, up 4.76 per cent year on year. For 6 representative... Read more

Clothing brands relocating to Russia to take advantage of weak ru…

Clothing brands relocating to Russia to take advantage of weak ruble

"With the start of the economic crisis, many Russian retailers have started moving their production from Asian countries to Russia. With the Russian ruble still weak against major currencies, low costs are tempting some of the world’s leading clothes retailers to consider relocating their production facilities to Russi... Read more

CMAI Q2 Apparel Index clocks 6. 68 points growth, Giant Brands st…

CMAI Q2 Apparel Index clocks 6. 68 points growth, Giant Brands stay ahead

CMAI’s Apparel Index for July to September period once again confirms the industry has maintained its growth tempo with overall index value at 6.68 points. Giant and Large brands have continued their growth story much like the previous quarters and stayed ahead of the curve. They have done better with h... Read more

American Apparel claims bankruptcy not a deterrent to its future

American Apparel claims bankruptcy not a deterrent to its future

According to court documents, American Apparel fashion chain will soon have its most profitable years ever, if the company manages to achieve the bankruptcy turnaround it aims for. Heavy losses bog down the company’s growth The company, known for its sexually charged advertising campaigns, i... Read more

Iconic American clothing brands face a bleak future

Iconic American clothing brands face a bleak future

Year 2015 has been where brands such as dElia's, Wet Seal, and Quicksilver have ceased to exist. Then there are others such as Aeropostale, American Apparel, Bebe, and Pacific Sunwear that are practically on life support, and are simply waiting their demise.   What led to the downfall of these la... Read more

Kellwood's high-end brand Vince filed for IPO

Kellwood's high-end brand Vince filed for IPO

Apparel Holding Corp., Kellwood's parent company, has taken the first step to take its high-end brand Vince public. According to the apparel group's filing, the initial public offering (IPO) would be worth up to 200 million dollars. As per the company's statement, proceeds from the IPO will be used for expansion and to... Read more

TRENDING & HOT
GST - For All GST Update - click here

Brexit - For all Brexit Impact News - click here

TPP - For all TPP Update - click here

 
MOST POPULAR NEWS
 
COTTON INDEX
Cotton - Daily Price - Commodity Prices - Price Charts, Data, and News - FashionatingWorld
 
HOW TEXTILE RECYCLING WORKS

India: Grasim Q1 net profit rises to Rs 1,399 crores

For the three month period ended June 30, 2018, Grasim’s net sales were Rs 17,089.65 cror... Read more

India: Q1 sees a dip in Nandan Denim’s sales

Net sales of Nandan Denim in the three month ended June 30, 2018, was Rs 359.62 crores as compa... Read more

Ashapura Intimates sees a rise in Q1 sales

Ashapura Intimates’ Q1 net sales was, Rs 73.43 crores as compared to Rs 64.11 crores duri... Read more

India: Vardhman Textiles Q1 net sales rise

Net sales of Vardhman Textiles during the three month period ended June 30, 2018, were Rs 1604.... Read more

India: Suryalakshmi Cotton Mills Q1 net sales rise

Net sales of Suryalakshmi Cotton Mills during the three month period ended June 30, 2018, was R... Read more

VF Corp explores strategic options for denim business

VF Corp is exploring strategic options for its denim business that could include a sale or spin... Read more

Clariant records Q1 sales of Rs 264 crores

Clariant’s sales for the first quarter were Rs 264 crores as against Rs 258 crores for th... Read more

Lenzing revenue declines 6.4 per cent in 2018

Lenzing’s revenue in the first half of fiscal 2018 declined 6.4 per cent compared to the ... Read more

Adidas revenue up 12 per cent in Q2

For Q2, revenues for Adidas brand increased 12 per cent. While revenues in the wholesale channe... Read more

India’s Nitin Spinners’ Q1 net sales rise

Nitin Spinners has reported net sales worth Rs 300.72 crores during the three month period ende... Read more

Indorama Ventures net profit up 109 per cent

For the half year Indorama Ventures’ net profit rose 109 per cent higher year on year. Re... Read more

Oerlikon Q2 sales up 36 per cent

For the second quarter, Oerlikon’s order intake increased year-on-year by 26.8 per cent w... Read more

Hugo Boss Q2 sales up six per cent

German luxe fashion brand Hugo Boss’ sales in the second quarter of fiscal 2018 went up s... Read more

Salvatore Ferragamo HY revenues down 6 per cent

For the half year Salvatore Ferragamo’s revenues were down 6.2 per cent at current exchan... Read more

Century Textiles Q1 net sales decline

Century Textiles and Industries reported net sales of Rs 2209.38 crores during the three month ... Read more

Welspun net profit up two per cent in Q1

For the quarter ended June 30 Welspun India’s consolidated net profit rose 2.4 per cent. ... Read more

VF Corp revenues up 23 per cent

VF Corp has had a 23 per cent surge in overall revenues in its latest quarter. There was a 46 p... Read more

LMW net profit rises by 4 per cent

The net profit textile machinery manufacturing major Lakshmi Machine Works’ (LMW) for the... Read more

VF’s forecast for revenue reflects an increase of 10-11 per cent

On the strength of the first quarter and the new lineup that helped boost major gains in first ... Read more

Net earnings of Skechers decline by 24 percent in Q2

Footwear maker Skechers USA Inc’s shares declined recently after same-store sales missed ... Read more

Rieter sales up 24 per cent in first half of 2018

Rieter’s sales increased 24 per cent in the first half of 2018 compared to the previous y... Read more

Levi Strauss records double digit growth

Levi Strauss’ Q2 results beat the company’s own expectations with a third straight ... Read more

Levi Strauss revenues up 17 per cent in Q2

For the Q2 Levi Strauss revenues rose 17 per cent. The San Francisco-based company delivered it... Read more

H&M Q2 sales up two per cent

For Q2 H&M’s sales including VAT increased by two per cent. Gross profit margin was 5... Read more

Chanel announces financial results for the first time.

Chanel, founded by Coco Chanel in 1910 has released its annual results for the first time in it... Read more

Burberry sales down one per cent

Burberry’s sales were down one per cent last year. Pre-tax profits grew five per cent and... Read more

Inditex registers marginal growth in net sales

The net sales of retail giant Inditex increased by only 2 per cent to reach €5.7 billion i... Read more

Inditex gross profit margin up in Q1 to year ago

Inditex gross profit margin in the first quarter was 58.9 per cent compared to 58.2 per cent a ... Read more

Lululemon net revenue up 25 per cent

For the first quarter of 2018 net revenue of Lululemon Athletica increased by 25 per cent compa... Read more

Net sales for G-III up 16 per cent

For the first quarter net sales for the New York-based G-III Apparel Group rose 16 per cent. G-... Read more

Itema turnover up 15 per cent

For the first quarter Itema’s turnover increased by 15 per cent compared to same period l... Read more

Abercrombie‘s net sales rise

Abercrombie's net sales rose nearly 11 percent to $730.9 million. The company expects its curre... Read more

US retailer PVH revises outlook

Recently, PVH the company behind typical American fashion brands has increased its full-year ea... Read more

Meccano faces financial difficulties

Meccano, a New Zealand retailer is currently in deep financial crisis as it owns its creditors ... Read more

Guess net revenue up 14 per cent

Guess net revenues for the quarter was up 14.7 per cent. In constant currency, net revenue incr... Read more

American Eagle Outfitters digital sales up 20 per cent

American Eagle Outfitters (AEO) had digital sales growth of over 20 per cent in the fourth quar... Read more

Grasim revenue up 53 per cent for full year

For the full year Grasim’s standalone revenue was up 53 per cent compared to last year. S... Read more

Buoyant quarter for Global Fashion Group

Global Fashion Group unit reported a buoyant quarter as revenue and customer numbers rose stron... Read more

Grasim Q4 net profit falls 20 per cent

For the fourth quarter Grasim’s consolidated net profit dropped 20 per cent. It had poste... Read more

Net sales fall for The Children’s Place

For the first quarter The Children’s Place net sales fell 0.1 per cent. Comparable retail... Read more

Coats thread business up four per cent

From January to April, Coats’ core thread business grew four per cent as key Asian market... Read more

Cifra production up 72 per cent

Production at Cifra, based in Italy, is up 72 per cent. The company does knitwear based on the ... Read more

Calvin Klein,Tommy Hilfigerdrive PVH

PVH has been doing extremely well, mainly because of its brands Calvin Klein and Tommy Hilfiger... Read more

New Zealand textile industry faces grim future

The New Zealand textile industry is likely to die within two years due to the increasing prefer... Read more

Etsy GMS up 19 per cent

For the first quarter Etsy’s gross merchandising sales (GMS) were up 19.8 per cent compar... Read more

Sequential adopts new standard

For the first quarter Sequential Brands has reported revenues of 38.1 million dollars and a net... Read more

L Brands net sales up eight per cent

For the first quarter, L Brands’ net sales rose eight per cent compared to the first quar... Read more

Arvind hopes for sales growth of 20 per cent

Arvind’s emerging brands have been growing steadily. Since the momentum is expected to co... Read more