Newgathered by SCORE, a non-profit organisation offering free business mentoring services to small US businesses, reveal 98.6 per cent of US manufacturing companies are small businesses and 75.3 per cent of those have fewer than 20 employees. Manufacturing businesses drive the US economy, said SCORE chief executive officer Ken Yancey.Manufacturing businesses generated 11.6 per cent of the US economic output last year and employed 8.5 per cent of the US workforce, but 89 per cent of manufacturers

To boost job creation and exports, the new government at the Centre should resolve issues related to Technology Upgradation Fund Scheme (TUFS), Southern India Mills’ Association (SIMA) has said. The association has also appealed for release of ₹9,000 crore pending TUFS subsidies on a fast track. The Narendra Modi-led NDA government will take oath on May 30.Pic: ShutterstockTheindustry is the single largest employment provider in India, next only to agriculture. It employs over 110 million people

Britishtycoon Philip Green’s Arcadia Group recently announced plans to close 23 of its 566 UK-Irish stores in a major restructuring of the fashion business that may also see its Topshop/Topman stores close in the United States. Arcadia said it had instigated seven company voluntary arrangements (CVAs), mechanisms that allow the business to avoid insolvency.Arcadia also runs fashion retailers Wallis, Miss Selfridge, Dorothy Perkins, Evans, Burton and Outfit.Several British store groups have eithe

Gucci is under fire for selling a $790 turban. Members of the Sikh community claimed about Gucci’s cultural appropriation of a sacred religious garment offensive. Much of the criticism was directed at the designer’s use of the turban especially on non-Sikh models and claimed about the fact that the majority of models are white.The Italian luxury brand is known for its purpose of branding in an experimental fashion especially is held to show the performance of designers and almost always take the

The Sustainable Apparel Coalition () has launched Higg Co., a public benefit company that will develop the technology that delivers the Higg Index, a holistic suite of sustainability assessment tools used globally by brands, retailers and manufacturers to measure the environmental and social performance of a company or product.Higg Co. will provide the trusted technology industry needs to be able to implement the Higg Index at scale while the SAC will continue to focus on driving sustainability

Biofuze is produced using a unique patent process yarn. © Paradise TextilesFirst introduced at Intertextile Shanghai Apparel Fabrics, Paradise Textiles, the textiles arm of Alpine Creations, a leader in textile and apparel biodegradable manufacturing, has announcedBiofuze, its new range of man-made fibres that exhibit enhanced biodegradability at their end of life.“We believe environmental sustainability is everyone’s responsibility,” said Paradise Textiles co-founder Ashok Mahtani. “With the in

ACIMIT member companies exhibiting at Texhtextil, earlier this month. © Innovation in TextilesAround 360 companies will be representing Italian textile machinery manufacturing sector at the upcoming ITMA show, with an occupied exhibition area of 30,000 square metres, which makes Italy the top country in terms of number of exhibitors and occupied surface.ITMA, a leading showcase for manufacturers of textile machines, who display their up to date innovations to an international professional audien

Retailers should actually pay €33more for a pair of jeans to take into account hidden costs such as damage to the climate and workers’ rights, encountered during production of jeans, says aby Impact Institute and ABN AMRO. At present, the costs such as water pollution and water consumption, illicit labour practices, are not currently being paid.In the report ‘The Hidden Costs of Jeans’, researchers from the Impact Institute investigated a typical production chain for jeans: fromplantations and d

The fourth edition of Denimsandjeans Vietnam, which is scheduled for June 12-13, 2019, in Ho Chi Minh City, has released the list of exhibitors. Over 40 denim companies from 10 countries will exhibit at the event, which will also have participation of several reputed garment exporters. Two design houses from China will also be present at the show.Pic: Denimsandjeans VietnamFive garment exporters from Vietnam—TCE Vina Denim, T&T Garments, Navi Jeans, Resource Garments, and Knit Indigo—will ex

Deckers Brands, a company into designing, marketing and distributing footwear, apparel, etc, has recorded net sales of $394.1 million in Q4 of FY2019 ending March 31, 2019. This shows a decrease of 1.6 per cent from $400.7 million for Q4 of FY2018. For full year of FY2019, net sales increased 6.2 per cent to $2.020 billion from $1.903 billion in FY2018.Pic: DeckersDeckers Brands portfolio of brands includes UGG, Koolaburra, Hoka One One, Teva and Sanuk. The UGGnet sales for Q4 decreased 7.2 per