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UK:'We will continue to invest in fashion business' - ASOS Chief

ASOS plc released the pre close trading update for the year ended 31 March 2009. Nick Robertson, Chief Executive, made the following comments. "I am pleased to report another excellent year for ASOS. Sales increased 104% to £165m and we expect our profit before tax to be slightly ...

Pakistan: Textile policy to be announced in June

Federal Minister for Textile Industry Rana Mohammad Farooq Saeed Khan has directed Faisalabad Garments City Company (FGCC) to finalise its rental policy to immediately lease out the blocks completed in FGC. Addressing the Board of Directors (BOD) meeting of the FGCC at Khurarianw...

USA: Jones Apparel to close 225 stores

Jones Apparel Group Inc. said Wednesday it will close 225 stores nationwide to cut costs and adjust to overall economic conditions. Meanwhile, it announced quarterly results that beat analysts’ expectations, and shares were trading 15 percent higher at $9.26. The retailer did not ...

USA: ADX unveils first true hybrid surf/fight shorts

Combining state-of-the-art materials with over twenty years of boardshort design, ADX Apparel has just announced the release of their newest product, the White Dragon Fight Shorts. Developed by action sports industry gurus and tested by some of MMA's toughest critics, ADX's ...

India: Caress yourself with Madame's comfy LOUNGE WEAR

Women are always looking for something new and exciting when it comes to apparels. She wants quality and the right value for money. Their requirements for formal and casual wear were met to a large extent however there is an unmet need for classy & comfortable LOUNGE WEAR which ...

Africa: Textile industry looks at novel ways to thrive

WHILE the woes of the clothing and textile industry are worsening, an apparel initiative to promote a regional response to global demands shows that not everyone in the industry has surrendered to the grim outlook. A two-day African apparel business-to-business (B2B) event, ...

USA: Sixteen new models to hit Project Runway

Lifetime Television sews up the summer with the highly anticipated Emmy-nominated and Peabody Award-winning hit series Project Runway, premiering on Thursday, August 20, at 10PM ET/PT. Produced by The Weinstein Company and Bunim-Murray Productions, host Heidi Klum, mentor Tim ...

Russia: Luxury goods step up despite economic downturn

The head of Estee Lauder says Russian sales are soaring, despite the financial crisis. Some economists expected consumers to go downmarket, but Moscow's top fashion retailer says there's a flight to quality. Yahoo StumbleUpon Google Live Technorati Scoop del.icio.us Digg Sphinn ...

US cotton trade sees red over Indian subsidies

The US cotton industry has expressed its concern over subsidies being provided by the Indian government to its cotton growing farmers, alleging it is in violation of the World Trade Organization’s (WTO) norms. Testifying before the US International Trade Commission hearing on ...

Ghana: Authorities take measures to protect textile industry

All textile imports are to be re-routed through one port, as was done previously, as the Ministry of Trade and Industry and stakeholders take measures to close the door to imported cheap textiles that are having a detrimental effect on the Ghanaian textile industry. The Ministry ...

ASEAN to team up to boost textile industry

Members of the Association of Southeast Asian Nations (ASEAN) are working to support the region's textile and garment industries and retain or boost competitiveness, says Trade Minister Mari Elka Pangestu. Mari said on Wednesday that this commitment was the result of a recent ...

Indonesia: Radical changes needed in garment industry

The Indonesian garment industry needs to make radical changes to cope with the economic slowdown, by improving competitiveness, garment experts say. Decreasing demand has forced the garment industry globally to cut expenses through layoffs, relocation of production activities to ...

Industry: Retailers and Manufacturers Should Embrace Decent Work, World Retail Congress Told

Retailers and manufacturers alike should embrace decent work because of its potential to deliver major benefits for all concerned”, the World Retail Congress in Barcelona was told today. “From decent work comes four wins”, says Neil Kearney, General Secretary of the International ...

USA: Retailers report smaller sales declines in April

April retail sales figures offered more signs that consumers are starting to feel better about spending. But they are still keeping their budgets tight, sticking mostly to necessities such as groceries and health care products. In a glimmer of hope for the broader economy, some ...

Geox patents new breathable garments

Geox clothing project is the brain child of the company’s research about human body’s movement of its heat. With collaboration of Italian and European universities, Geox has developed a new patent to ease body transpiration. Our body temperature increases due to activities like ...

Sales fall at Japanese department stores on weak apparel demand

TOKYO, May 7, 2009 (Asia In Focus via COMTEX) -- Sales at five major Japanese department store operators declined 9.5 per cent to 14 per cent on the year in April as demand continued to languish for clothing and big-ticket items, according to preliminary figures they released ...

Guide to Future Trends & Developments in the Clothing Industry in the US

The Clothing: United States Industry Guide is an essential resource for top-level data and analysis covering the United States Clothing industry. It includes detailed data on market size and segmentation, textual analysis of the key trends and competitive landscape, and profiles ...

New Zealand: All Blacks to wear all-white jersey by adidas

The All Blacks have returned to their traditional white strip, with adidas unveiling a new all-white All Blacks jersey. This second kit will complement the traditional, famous black apparel. The new white jersey, part of the adidas range for the 2009-2010 rugby season, was ...

UK: Credit insurers' attitude harms fashion recovery

The shrinking economy, the rapid increase in unemployment and a weak pound have done the fashion sector no favours. Now the industry's recovery is being severely hampered by the actions of credit insurers, which have been withdrawing their support at a time when it is needed most...

India: Slowdown-hit textile sector gets lifeline from Argentina

It looks like a silver lining for the Indian textile industry, which is one of the worst hit sectors by the global financial crisis. Argentina is eyeing investments into India’s textile industry and 34 Indian companies received orders at the recently concluded exhibition and ...
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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
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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
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HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
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Retailer's Net Profit Falls 3%
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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
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Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
Yao's gift of sport for all
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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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