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Tag:Apparel Association/Organization News

German retailer Hugo Boss launches Eightyards for material recycling

(Left) Placido Klitzke, co-director and Marketa Miltenberger, director of Eightyards. Pic: Hugo Boss ...

US’ Duluth’s sales drop 8.1% YoY, gross margin up to 52.3% in Q3 FY24

Duluth Holdings Inc, a lifestyle brand of apparel and accessories, has generated net sales of $127.1 million in the third quarter (Q3) of...

Bangladesh RMG workers to get 9% annual wage increment effective Dec 1

Readymade garment (RMG) industry workers in Bangladesh will receive a 9-per cent hike in wages, the country’s labour and...

40% RMG businesses in Bangladesh face LC opening delays: BIDS survey

Two-fifths of Bangladesh’s readymade garment (RMG) businesses are grappling with delays in opening letters of credit (LC) due to...

US’ Caleres’ Q3 2024 net sales decline 2.8% YoY amid cost pressures

Caleres, a consumer-driven footwear brand, has reported net sales of $740.9 million, down 2.8 per cent year-on-year (YoY) in the third quarter (Q3)...

Canada’s Lululemon reports strong Q3 2024 results, revenue up 9%

Lululemon Athletica Inc reported a 9 per cent Year-on-Year (YoY) increase in net revenue for the third quarter (Q3) of fiscal 2024 (FY24),...

US’ The LYCRA Company reveals innovative legwear trends for 2025-2026

The LYCRA Company, a world-leading innovator in fiber and technology solutions for the global apparel industry, announces their annual legwear trend forecast for...

Dhaka’s cash incentive for export of synthetic-fabrics mix shoes, bags

Exporters in Bangladesh will receive cash incentive for shoes and bags made of a mixture of synthetic materials and...

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Boy, 8, saves choking friend with Heimlich maneuver: See the video

An 8-year-old boy is being hailed as a hero after saving the life of his choking friend...
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Sri Lanka central bank fines Indian Bank – Times of India

CHENNAI: The Central Bank of Sri Lanka has penalised state-owned Indian Bank for failing to conform...

Italy’s OVS SpA posts $436 mn Q3 2024 net sales, up 12.8% YoY

OVS SpA, an Italian clothing company has achieved net sales of €414.7 million (~$436.0...

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At least 10 shot dead as section of Kenyan parliament set on fire

At least ten people were shot dead in...