Huckberry takes over men’s apparel brand Wellen

2018/07 12 10:07

Courtesy: Huckberry Huckberry, the online men's retailer based in San Francisco and founded in 2011, has taken over premium men's apparel brand Wellen. Founded in 2007 by Matthew Jung, Wellen's beach lifestyle clothing has attracted a dedicated fanbase around the globe. Huckberry will begin unveiling new Wellen collections in 2019. Huckberry has a second office […]

Employment up by 6,900 at US clothing stores in June

2018/07 12 10:07

Courtesy: automnenoble bogomolov from Pexels The US retail industry employment in June 2018 saw monthly gains in clothing and clothing accessory stores, which were up by 6,900 jobs, and non-store, which includes online, was up 1,700 jobs, the National Retail Federation (NRF) has said. Total retail industry employment during the month increased by 50,200 jobs […]

Sri Lanka’s Hela Clothing aims to be $300-mn firm by 2020

2018/07 12 10:07

Courtesy: Hela Clothing The $200-million Sri Lankan apparel company Hela Clothing aims to be a $300-million firm by 2020 and the efforts to achieve that target started two years back, according to Buddhi Paranamana, the company’s general manager, innovation and strategy. The firm made significant investments in Kenya and Ethiopia and now employs 5,000 people […]

Indian firms can take advantage of global trade war: ST&R

2018/07 12 10:07

As certain Chinese goods will become very expensive in the US market and vice versa because of the US-China trade war, Indian companies can take advantage by producing the goods that China has imposed tariffs on and supplying to China at a relatively lesser price, according to Nicole Bivens Collinson, president of Sandler, Travis & […]

Trent says Zara JV financial Investment, not long-term

2018/07 12 10:07

Courtesy: Trent India’s Tata group firm Trent’s joint venture (JV) with Spain's Inditex for Zara brand is not a ‘long term strategic investment’ integral to its retail operations but is merely a financial investment, the company said in its 2017-18 annual report. This was due to the nature of brand ownership, which is with Inditex, […]

SAC to release Higg Facility Social Labour Module pilot

2018/07 12 10:07

Courtesy:SAC The Sustainable Apparel Coalition (SAC) will later this year release a pilot version of the Higg Facility Social Labour Module, a Higg Index tool to assess a factory's workforce standards, its community engagement, and its external engagement on social and labour issues with other facilities or organisations, according to CEO Jason Kibbey. SAC will […]

Delta Galil Industries takes over Eminence group

2018/07 12 10:07

Courtesy: Delta Galil Delta Galil Industries, the global manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear, activewear and denim, has taken over Eminence SAS and its subsidiaries, which includes leading French underwear brands for men, women and children: Eminence and Athena and the Italian […]

Cameroon to impart training for clothing sector

2018/07 12 10:07

Courtesy: Alex Andrews from Pexels The Central African country of Cameroon will impart vocational training and certify instructors to develop skills for employment in the country’s textile, clothing and fashion industry. South Korea, Switzerland and Turkey will provide technical and financial assistance for the project aimed at developing textile and clothing base in the country. […]

IKEA’s 1st outlet in India to open in Hyderabad on July 19

2018/07 12 10:07

Swedish retail giant IKEA’s first India outlet will open in information technology hub of Madhapur Hyderabad on July 19, IKEA’s India CEO Peter Betzel said recently. With an investment of ₹1,000 crore, the store will employ 1,000 workers, stock 7,500 kind of products and will house IKEA’s largest restaurant in the world with 1,000 seats. […]

Vibemac, Jack Stock to set up JV in China

2018/07 12 10:07

Courtesy: Vibemac Verona-based Vibemac, a leading company in the production of industrial automatic sewing machines specialised in 5 pocket jeans, has entered into a joint venture (JV) with the Chinese Jack Sewing Machine Co. Ltd, a global giant. The companies entered into the agreement on July 4, a few days after the end of the […]

US retail imports likely to set new record this month

2018/07 12 10:07

Courtesy: David Dibert from Pexels Driven by increasing consumer demand and rising retail sales, imports at major retail container ports in the US are expected to set a new record this month even though new tariffs on goods from China just took effect, according to the monthly Global Port Tracker report released today by the […]