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Global: Luxury goods market slumped in 2009

French research agency Eurostaf has recently released a report stating that the global luxury goods industry had registered negative growth in 2009. According to the agency, the luxury goods industry enjoyed 7.5% annual growth between 2003 and 2007, but that, by 2008, this had ...

Australia: Denim fades for fashion label ksubi

Co-founders Dan Single and George Gorrow said they had been "struggling to achieve the margin necessary to fund the growth and development of the brand". Voluntary administration was the "only way to ensure the future of ksubi", they said in a statement. "We are and will remain ...

Global: Cotance issued statement on Greenpeace report

The Social Partners of the European Leather Industry (Cotance) addressed, in their Social Sectoral Dialogue Committee Meeting in December 15 in Brussels), the allegations made to the leather industry in general and to certain European tanneries and their customers in particular ...

Bangladeshi firms seek to shed 'sweatshop' label

Like 2.5 million others in the impoverished country, Suria works in the textile business, making items exported to the US and Europe, but unlike most other workers she has not had to leave her rural home for a job. Narsingdi -- In the small Bangladeshi town of Narsingdi, Suria ...

Dutch fashion designer Edgar Vos dies at age 78

Edgar Vos, the designer known as "the emperor of Dutch fashion" who created clothing tailored for all figures and most budgets, has died, associates said Thursday. He was 78. Vos died of a heart attack while on vacation in Florida, said Tom Smit, the managing director of his ...

Smaller high tech gizmos lighten ladies' handbags

Technological advances have led to a sharp fall in the weight of women's handbags, research from British department store chain Debenhams has revealed. Women's handbags now weigh an average of 1.5 kg (3 lb), 57 percent less than the average of two years ago, Debenhams said in an ...

Rural areas to be next avenue of growth for retailers

Opening up of retail sector for FDI can be considered as the prime reason behind the blooming organized retail sector. Despite the Government allowing only 51% of FDI in single format retail segment, global retail giants like Tesco, Wal-Mart and Metro AG are making inroads ...

Korto Momolu debuts fall 2010 collection at NYFW

Project Runway's fifth season standout contestant Korto Momolu will debut The Korto Momolu Collection, a contemporary female apparel and accessories line during New York City Fashion Week at the Union Square Ballroom on February 15, 2010. Momolu gained national recognition after ...

Target unveils 'Converse One Star Spring 2010 Collection'

In a rallying cry for individual style, Target and Converse present the Converse One Star spring 2010 collection featuring all-American sportswear with a youthful spirit and artistic edge. The affordable collection includes men’s and women’s apparel and accessories, as well as ...

USA: Passion for Fashion - Fabrics, scissors & threads!

Teen fashionistas are seizing the opportunity to showcase their talents in The Art Institutes Passion for Fashion Competition. High school seniors from across the U.S. and Canada submitted their best fashion designs and fashion marketing, merchandising and retail management ...

Christina Hendricks to walk Red Carpet with Degree Women

Every actress wants to look her best when she steps out on the red carpet, and the SAG Awards are no exception. Actress Christina Hendricks is teaming up with Degree Women Ultra Clear's NEW Red Satin to sport a daring red dress on the red carpet while supporting Clothes Off Our ...

Vietnam: Industry faces worker shortage despite high unemployment

The southern province of Dong Nai is experiencing dearth of workers, particularly in footwear and textile-garment industry even though the region has a high unemployment ratio. This year, a number of industrial zones and companies in the province will require 60,000 to 70,000 ...

UK:Smart fabrics for spring/summer

With 23 products spanning polo shirts, sweaters, fleeces, wind shirts and waterproofs, Glenmuir’s new Spring/Summer 2010 Men’s Performance & Trend Collection offers something for every golfer, in every weather situation. ‘Smart fabrics’ are at the heart of the new collection, ...

Oakley Global Collection to hit Canadian market

Oakley, Inc. announced the release of a new Global Collection of products designed to honor Oakley's global team of athletes participating in the Winter Olympics. As part of this rare array, a special edition sunglass and snow goggle carry custom Oakley art to salute the nations ...

UK: Heavy snowfalls throw up opportunity for silk thermals

Patra Silk, the UK’s leading mail order supplier of silk clothing, announced a 30% increase this week in sales of their thermal underwear, especially long sleeve silk vests and silk long johns. The rush comes at a time of extremely heavy snowfall across the country. Overnight ...

Grand opening of Destination Style in Franklin Plaza

Metro-Detroit based business celebrates the grand opening of Destination Style Boutique. Located at 29107 Northwestern Highway in the Franklin Plaza Shopping Center in Southfield, Michigan, Destination Style officially opened for business on December 22, 2009. What started off as ...

Fiji: TCF sector hopeful of turnaround in 2010

The textile, clothing and footwear sector of Fiji is hoping to a have a better 2010, when compared to what it went through the whole of 2009, on back of the slowdown in major markets of the world, to which it exports. Recounting the year gone by, the President of Textile Clothing ...

Fashion house Cavalli to boost accessories, expand

Fashion house Roberto Cavalli is looking to boost its accessories segment and expand in South America and Asia Pacific this year, its chief executive said, adding there were signs of improvement in the luxury market. Gianluca Brozzetti told Reuters in an interview that the fall ...

Japan: Fast fashion is not what's ailing the economy

Last fall outspoken economist Noriko Hama caused a fuss with an essay about deflation in the magazine Bungei Shunju. She said that the trend of yasuuri kyoso (low price competition) was "destroying society," and not just in Japan. However, in Japan she singled out the clothing ...

Clothing sector finds benefactor in US Congressmen

Three visiting American Congressmen have promised to lobby for free-trade access for clothing exports to the US markets from Cambodia. This was revealed by them after a meeting with the Prime Minister of Cambodia. Joseph Cao of Louisiana, Eni Faleomavaega, a non-voting Congressio...
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Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
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world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
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China cuts retail oil prices
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finance

company

Shell companies struggle to stay listed
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HK Disneyland Gets Toy Story Land
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industry

sports

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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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