The latest version of the Open Apparel Registry (OAR) -- a free, open source tool mapping garment facilities worldwide -- went live today, following a beta release in 2018 and a series of improvements based on user feedback. Companies can use the tool to update their address book, find new suppliers […]

Fung Group and Ruyi Group have announced a strategic partnership to jointly develop new growth opportunities in the global textile and garment sector, specifically in the emerging Africa market. The company said that this strategic partnership will combine Fung Group's downstream network, brand expertise […]

For its fourth quarter, PVH Corp. reported revenue decrease of 1 percent to 2.5 billion dollars, while revenues increased 2 percent on a constant currency basis) compared to the prior year period, including a 125 million dollars negative impact as a result of 2017 including an additional week. Earnings […]

Lululemon Athletica Inc., for its fourth quarter ended February 3, 2019, reported net revenue of 1.2 billion dollars, an increase of 26 percent, while on a constant dollar basis, net revenue increased 27 percent. For the full fiscal year, net revenue was 3.3 billion dollars, an increase of 24 percent. […]

Google has established an Advanced Technology External Advisory Council (ATEAC) to consider ethical issues around artificial intelligence, facial recognition and other emerging technologies. The group, which has seven members, will hold four meetings in 2019 and publish a report based on the discussions […]

For the fourth quarter of 2018, total revenue at Iconix Brand Group, was 42.7 million dollars, an 18 percent decline, while for the full year, total revenue was 187.7 million dollars, a 17 percent decline over the prior year. For fiscal 2019, the company projects revenue in the range of 145 million […]

Modest e-tailer The Modist has received strategic investments from Farfetch and Annabel Investment Holding, the private equity company of Nicola Bulgari, Vice-chairman of jeweler Bulgari Group. The announcement comes less than a year after The Modist secured 15 million US dollars (approximately 11 million […]

The fashion industry is not known for its social and environmental compatibility. On the contrary: The fashion industry is the second biggest consumer of water and is responsible for 8-10 percent of global carbon emissions - more than all international flights and maritime shipping combined, as the […]

Moss Bros Group Plc in its preliminary results statement, covering the period from to January 26, 2019 said adjusted loss before tax was 0.4 million pounds (0.5 million dollars) compared to profit before tax of 6.7 million pounds restated in 2017/18. Statutory loss before tax was 4.2 million pounds […]

French department store Galeries Lafayette has ambitious expansion plans for its presence in China: The iconic department store chain is planning to open around ten new stores in China by 2025 and achieve revenues of one billion euros (1.13 billion US dollars). "We are targeting around 10 stores in […]

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