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The online sales of Inditex have continued to grow consistently, to €3,200 million during fiscal 2018, representing a growth of 27 per cent from last year. This good functioning of the integrated model has allowed online sales to represent 14 per cent of sales in the markets where the Spanish clothing company has an integrated commercial presence.
Pic: Inditex
Sales at comparable stores continue to accumulate growth over year-on-year growth, with an increase of 4 per cent in 2018, with a pos
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HanesBrands has announced that its board of directors has approved the appointment of Ronald L Nelson as the board chairman effective April 23. The appointment is contingent upon his re-election to the board at the company’s annual shareholder meeting to be held on that day. Nelson would succeed Richard A Noll, who is not seeking re-election to the board.
Pic: Champion/HanesBrands
Noll is retiring as chairman, concluding a smooth and seamless leadership transition at the company. He has serv
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UL, a global safety science leader, is set to expand its footprints in Bangladesh with the inauguration of its new Consumer and Retail Services testing laboratory in Dhaka. The state-of-the-art 33,000 sq ft facility provides advanced, end-to-end service solutions for the textile, apparel, leather and footwear industries at a single destination.
Pic: UL
UL’s pioneering facility seeks to foster innovation, increase market access and enable faster time to market by empowering customers to show
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Nigeria is yet to achieve any of the targets set in the national policy on cotton, textile and garments (CTG) four years after it was enacted. The ministry of industry, trade and investment had launched the National Cotton, Textile and Garment Enterprise Policy in 2015 under trade minister Olusegun Olutoyin Aganga to stimulate the textile sector and limit imports.
Despite not meeting any of the targets, the Central Bank of Nigeria (CBN) recently announced foreign exchange (forex) ban for tex
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As more consumers embrace multi-channel shopping, retailers are diversifying investments online and offline to meet customer needs, says the annual State of Retailing Online study released by the US National Retail Federation (NRF) and research and advisory firm Forrester. Retailers clearly see the value of physical stores, particularly as e-commerce costs rise.
“Retailers are evolving with customers’ shopping behaviors by creating a seamless shopping experience online and in store,” NRF vic
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Rieter has witnessed 11 per cent rise in its sales to CHF 1,075 million during fiscal 2018 against CHF 965.6 million in fiscal 2017. Rieter achieved increased sales due to organic growth in the Machines & Systems business. SSM Textile Machinery in the business group Components also supported this positive development. Its market share was around 30 per cent.
Pic: Rieter
"In the Asian countries (excluding China, India and Turkey), Rieter improved sales in the reporting year by 36 per cent
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Karl Mayer has made an ultra-soft stretch velour fabric with HKS-3M, the flexible, high-speed tricot machine. The velour fabric is setting the trend in the apparel sector. This cuddlesome textile caresses the skin and body. With its gentle drape, the fabric contours the female form with seductive lines. Its attractive shimmer also adds a touch of glamour.
Pic: Karl Mayer
The velour fabric can be used to produce eye-catching evening wear or comfortable lounge wear for relaxing on the sofa. T
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The Competition Bureau of Canada recently issued an advisory, cautioning customers that bamboo-labelled sheets, T-shirts and other textile products found in stores and online may not be as ‘green’ as they seem as transforming bamboo fibre into soft fabrics for clothing, towels or bedding involves the use of a lot of environmentally harmful chemicals.
Pic: Government of Canada
The end product of this major chemical transformation process is a fabric called rayon or viscose, which contains no
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Female supervisors have boosted efficiency by five per cent in the garment sector in Bangladesh, says an initiative by Better Work Bangladesh. The Gender Equality and Returns (GEAR) initiaitve jointly implemented by International Labour Organisation and International Finance Corporation promoted more women in supervisory roles in the garment sector.
Rolled out in 2016, the programme has made significant strides in advancing women’s economic potential and improving access to better jobs and op
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Surat could play a pivotal role in VisionNXT, a trend forecasting initiative of the government to create an indigenous fashion forecasting service, textiles minister Smriti Irani said inaugurating the ₹300-crore Karanj Textile Park in Mandvi taluka in south Gujarat recently. Entrepreneurs from Surat can immensely contribute to that initiative, she said.
Surat is India’s largest man-made fabric hub. The trend forecasting lab was recently started in Delhi.
Irani also appreciated the