Sewing Industry News Feed

Courtesy of Just-Style.com.

  • EU extends trade scheme for Jordan clothing exports
    The EU and Jordan are to extend and widen the trade scheme that makes it easier for Jordanian companies employing Syrian refugees to export products such as clothing to the EU. Read more »
  • Debenhams rejects Mike Ashley GBP40m lifeline
    Sports Direct boss and retail tycoon Mike Ashley has penned a strongly-worded letter to Debenhams chief executive Sergio Bucher after the struggling British department store chain turned down his offer of a GBP40m (US$m) interest-free loan. Read more »
  • Top stories this week on just-style...
    Top stories on just-style this week include an exclusive guide on how to build a Balanced Scorecard with help from re:source by just-style, Fast Retailing publishes a list of the core fabric mills used by its Uniqlo casual clothing brand, and 43 leading fashion brands, retailers and suppliers back a new Fashion Industry Charter for Climate Action. Read more »
  • Bangladesh garment factories shut as strikes break out
    Garment production in as many as 50 factories in Bangladesh has been suspended as workers embark on a strike over wages. Read more »
  • Inditex's Pablo Isla tops list of best-performing CEOs
    Pablo Isla of the Spanish fashion retail giant Inditex has topped an annual global ranking of the 100 best-performing CEOs for the second year in a row. Read more »
  • Under Armour outlook update leaves analysts divided
    US sportswear brand Under Armour has updated its outlook to predict narrower losses for the full year - but expectations for slow revenue growth in North Amerca in the years to 2023 sent shares in the company tumbling. Read more »
  • Bonmarche shares tumble on FY profit warning
    Bonmarché has warned it could swing to a full-year loss as "extremely poor" Black Friday sales and the uncertainty surrounding Brexit makes for current trading conditions that CEO Helen Connolly said are unprecedented in the retailer's experience and "significantly worse" than during the recession of 2008/9. Read more »
  • Marquee Brands acquires outdoor specialist Dakine
    Marquee Brands, owner of labels such as BCBG Max Azria, Ben Sherman and Body Glove, has added to its line-up with the acquisition of outdoor sports and lifestyle brand Dakine. Read more »
  • Van de Velde names Marleen Vaesen as CEO
    Leading lingerie manufacturer and retailer Van de Velde has named Marleen Vaesen as CEO, succeeding Erwin Van Laethem who will leave the company by mutual agreement after two years at the helm. Read more »
  • House of Fraser buy weighs on Sports Direct profits
    Sports Direct International's plan to rescue House of Fraser appears to have weighed heavily on the group's first-half profits. Read more »
  • China's Anta picks PLM to support expansion
    Chinese sporting goods giant Anta Sports Products has invested in a PLM system to further its "single-focus, multi-brand, omni-channel" business strategy with a unified information platform. Read more »
  • Decision on Bangladesh Accord postponed again
    Unions and worker rights groups have warned the future of the Accord continues to hang in the balance after the Bangladesh government was granted a further delay on a decision regarding the agreement's future. Read more »
  • US-UK Trade Agreement focus of USITC investigation
    The US International Trade Commission (USITC) has started an investigation to assess the likely economic effect of a proposed US-United Kingdom Trade Agreement. Read more »
  • EU-Japan trade agreement on track for 2019 start
    The trade agreement between the European Union (EU) and Japan is on track to enter into force in February 2019 after being approved by the European Parliament. Read more »
  • Major apparel brands still failing to tackle worker exploitation
    Clothing and footwear companies are failing to tackle the exploitation of workers in their supply chains, according to a new benchmark report that measures companies' efforts to address forced labour. Read more »
  • Dry weather hits Australia cotton and wool production
    Dry weather conditions are expected to impact wool and cotton output in Australia for the 2018-19 period, a report from the Australian government has revealed. Read more »
  • Bangladesh Alliance releases final factory safety report
    The Alliance for Bangladesh Worker Safety released its fifth and final annual report on factory safety improvements during its tenure - claiming a 93% remediation rate across factories affiliated with the programme and close to 1.6m workers trained to protect themselves in case of a fire emergency. Read more »
  • Online fit and size project aims to reduce garment returns
    A research project is underway in Germany to develop a software solution to improve size and fit predictions in online shopping - and reduce the amount of clothing that is unnecessarily returned and recycled. Read more »
  • Superdry to shake up supply chain as H1 profits plunge
    Retailer Superdry has pointed to "unseasonably warm weather" and a "lack of innovation in some core categories" for a failure to deliver on profits during the first half of 2019 - prompting a 33% dive in its share price this morning (12 December). Read more »
  • US Q3 in brief - Cherokee, Destination Maternity, Tailored Brands, Oxford Industries
    In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales. Read more »