Lululemon Q4 FY17 revenue to be $905-$915 million

2018/01 16 12:01

Courtesy: Lululemon It is expected that the net revenue of Canadian athletic apparel retailer Lululemon Athletica for the fourth quarter of fiscal 2017 ending on January 28, 2018 will be in the range of $905 million to $915 million. The company's forecast is on the basis of a total comparable sales increase in the high […]

Myant unveils SKIIN smart clothing platform at CES

2018/01 16 12:01

Myant, a leading provider of end-to-end textile supply chain with a state-of-the-art 3D digital fabrication and robotic knitting division, a printed electronic lab, a traditional cut and sew operation, and significant proprietary technologies, is showing SKIIN smart clothing platform at CES expo in US, which is being held from January 9 to 12, 2018. SKIIN […]

Kwantlen Polytechnic University opens new design school

2018/01 05 06:01

To broaden horizon of the students, Canada-based Kwantlen Polytechnic University (KPU) has opened a new design school that will drive their budding design, creative and business goals to the next level. The British Columbia government will invest more than $1 billion in planned capital expenses in the post-secondary sector over the next three years. The […]

Differential Brands working with Throat Threads Apparel

2017/12 26 10:12

Courtesy: Differential Brands Differential Brands Group, a portfolio of global consumer brands comprising Hudson Jeans, Robert Graham and SWIMS, is collaborating with Throat Threads Apparel to relaunch the premium denim line, Hudson Jeans, into Canada. Differential Brands is a platform that focuses on branded operating companies in the premium apparel, footwear and accessories sectors. Under […]

Lululemon Athletica posts 14% rise in revenue in Q3 FY17

2017/12 11 05:12

Courtesy: Lululemon There is an increase of 14 per cent in the net revenue of Canadian athletic apparel retailer Lululemon Athletica for the third quarter of fiscal 2017, at $619.0 million. On a constant dollar basis, net revenue increased 12 per cent. For the reported period, total comparable sales increased 8 per cent, or increased […]

Indochino enhances buying experience with fast delivery

2017/12 07 15:12

Courtesy: Indochino Indochino, the world's largest made to measure apparel company, has set a new standard in custom clothing with the introduction of a three-week delivery promise for all orders placed. The company has been successful in reducing the delivery time from four to three weeks due to increased efficiencies across the manufacturing and delivery […]

Polyester important as digital textile printing grows

2017/12 03 16:12

With the global digital textile printing market expected to show an unprecedented 18.29 per cent CAGR between 2017 and 2021, use of polyester is likely to grow. This is because printing on synthetic fabrics is a lot cheaper than printing on natural fabrics, according to the report ‘Global Digital Textile Printing Market 2017-2021’, by Research […]

Canada’s PSPC seeks apparel supplier’s inputs on ethics

2017/12 01 08:12

Public Services and Procurement Canada (PSPC) has sought inputs from apparel suppliers to develop guidelines for ethical procurement. As part of the proposal, suppliers selling apparel to the government will self-certify that they and their direct Canadian and foreign suppliers comply with local laws and international standards on labour and human rights. The rights include […]

Planet Textiles 2018 to be held in Vancouver

2017/11 27 07:11

Courtesy: Planet Textiles The 9th annual Planet Textiles 2018 summit, a sustainable textile summit, is set to be held in Vancouver, Canada on May 22, 2018. The major aim of the event is to share new environmental innovations and business models, and to show how new technologies and financial innovations can increase the collaboration and […]

Vessi unveils waterproof knit shoe on Kickstarter

2017/11 27 07:11

Vessi Footwear, Vancouver based technology start-up, has announced the next innovation in footwear on Kickstarter by launching Vessi, the world’s first fully waterproof knit shoe. Unlike its predecessors, Vessi’s patented flash-knit technology is waterproof, breathable, moisture-wicking, stretchy and is an alternative to heavy and outdated waterproof shoes. Vessi’s design was inspired by today’s modern fashion […]

Gildan Activewear Q3 FY17 gross margin up 31%

2017/11 16 04:11

Courtesy: Gildan Activewear For the third quarter of fiscal 2017, the gross margin of Gildan Activewear was up 31 per cent, up 60 basis points over the same quarter in 2016. The increase was mainly due to higher net selling prices and favourable product mix in printwear, partly offset by unfavourable product mix in branded […]

Lululemon athletica announces leadership change

2017/11 16 04:11

Courtesy: lululemon athletica Lululemon athletica has announced the resignation of executive vice president and creative director of the company, Lee Holman due to personal reasons. He will work with the company until December 31, 2017.Lululemon athletica is a healthy lifestyle inspired athletic apparel company for yoga, running, training, and most other sweaty pursuits. "Over the […]