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Poland: Richer now, young Poles turn to cheap clothes

At 9 a.m. on a recent December day, several dozen shoppers hurled themselves at the door of a secondhand clothes store here, like a rugby scrum hitting a wall. Those stuck outside could only watch as a surprising mix of young hipsters and graying retirees sprinted upstairs, where ...

USA: As Christmas nears, expect more discounts

The clock is winding down on what could be one of the worst holiday shopping seasons in decades and recession-hit shoppers are finally starting to feel some pressure to spend. But toy stores, electronic outlets and clothing boutiques are also under pressure to get shoppers to ...

Fiji: Wage hike to benefit garment industry

Recently, National Wages Council approved pay hike for nine industries, including garment, printing, building, hotel and catering, security, road transport, saw milling, and wholesale and retail that would come into effect from January 1, 2009. Security guards and garment factory ...

Stefan Hafner unveils three glittering jewellery collections

Stefan Hafner, the Italian jewellery house of extraordinary calibre unveils three glittering new collections – Lunari, Geode and Young Chic – offering a stunning ensemble of necklaces, earrings and rings combining white, rose, and black gold settings with a magical blend of ...

Vietnam: NEM launches new fashion lines for Christmas & Tet festival

Nem Fashion Joint Stock Company one of the prominent fashion houses in Vietnam, has recently launched a series of new, smart and sophisticated designs in its showrooms to celebrate upcoming occasion like Christmas and Tet festival. This year NEM is bringing an assortment of ...

UAE: Abaya designs to be modelled & judged at Bride Show

The Bride Show Abu Dhabi, the must-attend bridal and fashion event for women in the capital, will give each finalist the opportunity to showcase their designs, presented on the catwalk by professional models. The competition is the climactic finale of the event, which takes place ...

British retailers brace against downturn

Britain's biggest retailer, Tesco PLC, announced price cuts of 50 percent. Former household favorite Woolworths PLC began a closing-down sale. Music retailer HMV reported a sizable first-half net loss. Thursday's poor earnings results and desperate measures to attract sales on ...

USA: In November, shoppers cut spending even more

November was yet another brutal month for U.S. retailers, according to new figures that showed stunning sales declines across a broad array of consumer goods. Figures released on Tuesday in the SpendingPulse report, from MasterCard Advisors, showed that sales of electronics and ...

USA: Record falls raise fears of prolonged recession

The cost of living in the United States fell by the most on record as fuel costs plummeted and retailers used discounts for cars and clothing to try to entice consumers hobbled by job losses and sinking home values. Another report released last night showed construction of new US ...

The Rupp Report: Home Textiles — Cornerstone Of The Industry

Every January, Frankfurt am Main is the global center for home textiles. The next Heimtextil, the world’s largest international trade fair for home and contract textiles will take place January 14-17, 2009. “Connecting World is the motto of this leading international event. With ...

UK: Burberry Group posts excellent growth in all regions

Burberry Group plc, the global luxury company, today announces its unaudited results for the six months ended 30 September 2008.

UK: Online fashion firm ASOS profit up 68 percent

ASOS, the AIM-listed British Internet fashion retailer, on Monday posted a 68 percent increase in first-half profit and said current trading remained buoyant. "So far ASOS is proving resilient to the slowdown in consumer spending and sales for the seven weeks to November 16 2008 ...

Mauritius: Textile manufacturing goes green and clean

A technician inspecting the solar panels at RT Knits Ltd. Credit: Nasseem Ackbarally/IPS ''The cost of production is high in Mauritius as we are far away from our main markets. Our island is so small that at times our clients do forget us. We no longer benefit from any trade ...

Miu Miu model Katie Holmes

Katie Holmes is set to star in Miu Miu's new advertising campaign. The 29-year-old actress - who has a two-year-old daughter Suri with husband Tom Cruise - will follow in the footsteps of Drew Barrymore, Kirsten Dunst and Lindsay Lohan by appearing in the adverts. An insider said...

Pure Silk Fabrics Exports Jan.-Sept. in 2008 By Major Markets

By Silk Branch Of CCCT Ranked by export value unit:meter/10 thousand US$ Rank Markets Quantity Variation %Share Value Variation %Share Unit Price Variation - Total 194696912 7.72 100.00 62636.31 9.95 100.00 3.22 2.07 1 Italy 34964509 61.54 17.96 11227.12 46.18 17.92 3.21 -9.51 2 ...

R&D International recalls Young Colors children's hooded jackets

The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. Name of Product: Young Colors Children’s ...

American Apparel to finish 2008 with 80 new store openings

American Apparel Inc announced its financial results for the third quarter of 2008 and for the nine month period ended September 30, 2008. American Apparel reported net sales for the quarter ended September 30, 2008 of $154.8 million, a 45.2% increase over net sales of $106.6 ...

Asia Pacific: 80% of Internet users shop online

Nearly 80 percent of Internet users in Asia Pacific shopped online and spent an average of over 3,000 US dollars each in the past 12 months, according to a Visa e-commerce tracking survey released here on Wednesday. The survey was conducted by Visa in April and May this year with ...

Japan: Department store sales fall 6.8% in October

Department store sales, hurt by weak clothing sales and the unfolding economic crisis, declined 6.8% in October from a year earlier on a same-store basis for the eighth consecutive fall, an industry group said Tuesday. Total sales came to 584.56 billion yen, the Japan Department ...

Best female figure not an hourglass

An imperfect body might be just what the doctor ordered for women and key to their economic success, an anthropologist now says. While pop culture seems to worship the hourglass figure for females, with a tiny waist, big boobs and curvy hips, this may not be optimal, says ...
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Latest World News

china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
The Political Bureau of the CPC Central Committee has decided that ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed
Shell companies struggle to stay listed
China is planning to clamp down on back door listings. A back door ...
HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualified for the 2014 FIFA U-20 women's World Cup following a 4...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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