-
Aritzia, a Canada-based women's online fashion boutique, reported 43.4 per cent revenue decline to $111.3 million (Canadian dollar) in first quarter (Q1) FY21 that ended on May 31, 2020 compared to $196.6 million in same period prior year. Company incurred a net loss of $26.4 million during the quarter compared to net income of $16.1 million in Q1 FY20.Pic: AritziaGross profit for the quarter fell to $13.0 million (Q1 FY20: $85.5 million). Loss from the operations for Q1 FY21 were $31.4 mill
-
LOS ANGELES – A garment factory in downtown Los Angeles, California, has been closed after an investigation by the Los Angeles Department of Public Health (DPH) found therehad been more than 300 cases of the coronavirus at the site, leading to the deaths of four people.Throughout June and July, the city’s department has been in contact with Dov Charney, the owner of Los Angeles Apparel, after rumours surfaced on June 19 of a possible COVID-19 outbreak at the factory.It’s reported that a failure
-
National Retail Federation(NRF), a retail trade association in US, has announced that its annual exposition and conference will be held in-person at Jacob Javits Convention Centre in New York City from June 6-8, 2021. In addition, NRF will also host a virtual event from January 12-14, 19 and 21-22, 2021. Both events will feature the theme “Forward Together.”Pic: National Retail Federation“The health and safety of our team, industry partners and global attendees is our number one priority. Given
-
PVH Corp has received approval of its absolute greenhouse gas (GHG) emission reduction targets from the Science Based Target initiative, marking the company’s progress towards a zero-carbon economy, according to its 2019 annual Corporate Responsibility (CR) Report, first since last year’s launch of its ambitious CR strategy - Forward Fashion.Forward Fashion sets a new level of ambition to drive transformational change across PVH, its businesses and the fashion industry. The CR report highlights
-
Fibres produced by Smartfiber are increasingly being used by modern fashion and home textile brands due to the natural additives of seaweed or zinc. Addition of seaweed and zinc makes the fibres skin friendly. In addition, these fibres are also environment-friendly and help in conserving resources, meeting the demand for sustainably produced textiles.Pic: SeaCell™ fiber, smartfiber AG/Open PRSmartfiber has been offering high-quality natural fibres under the names SeaCell and smartcel sensitive f
-
has worked out a chemical recycling process for used mattresses which breaks down flexible polyurethane back to its two building blocks. Laboratory tests have successfully started at the Schwarzheide site in Brandenburg, Germany. Most mattresses are thrown away after an average of ten years, squandering resources and creating high quantities of waste.Pic: Shutterstock“The materials are to be recycled in such a way that they can be used for the production of new mattresses,” explains Shankara Kee
-
NEW YORK - Textile producer Clerici Tessuto has joins forces with environmental group Parley for the Oceans to produce luxury fabrics using recycled polyester yarn made from marine plastic.The agreement aims to combine high-end fabric production skills with Parley’s upcycled Ocean Plastic GRS (Global Recycle Standard) yarn which is made from upcycled plastic debris from beaches, islands and coastal communities.Parley founder and CEO Cyrill Gutsch said: “Together we invite consumers to join the m
-
Turkey's protective clothing and mask exports hit $573.4 million in the first half of this year amid the novel coronavirus pandemic, according to head of Istanbul Apparel Exporters' Association (IHKIB) Mustafa Gültepe, who recently said the country witnessed a record high year-on-year (YoY) growth of 986 per cent between January and June.Pic: ShutterstockThe country exported $144.7 million worth of masks and $428.7 worth of protective clothing in the first six months of this year, he sai
-
Though stores have reopened and industry is finding its ways to return to normalcy, safety of workers and customers continue to remain the biggest priorities for retailers – though there are those worrying occasional hiccups.Image Courtesy: independent.co.ukThe English sportswear retailer JD Sports started a mobile testing laboratory at its warehouse in Rochdale (on Kingsway Business Park) after some of its workers tested positive for COVID-19.The cases came to the forefront through a local trac
-
The COVID-19 pandemic is triggering an unmatched disturbance to the global economy. The subsequent socio-economic impact is being spread through different channels.And Bangladesh’s stance in a vulnerable position to tackle the economic impact of COVID-19, as its textile and apparel industry provides over 80% of its export.Figure:Bangladesh needs to remodel it’s apparel industry to manufacture high-end products in post-COVID-19.This ultimately push Bangladesh readymade garment (RMG) industry to s