Courtesy: Skechers USAAt Skechers, fourth quarter sales for 2018 increased 11.4 per cent due to 18.4 per cent lift in the company’s international wholesale business, 7.5 per cent rise in its company-owned global retail business and 4.8 per cent growth in its domestic wholesale business. The international business improved 17.9 per cent and its domestic business up 4.1 per cent. For the fourth quarter of fiscal 2018, company’s international business climbed 17.9 per cent and its domestic busin

The Embassy of Sweden in the Philippines recently launched a three-month-long exhibition to highlight the former’s active role in promoting environmental sustainability in fashion, an industry known for its polluting traits. The exhibition is curated and produced by the Swedish Institute with the help of researchers and sustainable fashion experts. Swedish Ambassador to the Philippines Harald Fries launched the exhibition on January 30 at the Metropolitan Museum of Manila. The ‘Fashion R

Courtesy: HomTexHomTex, the Alabama based global textile, apparel and home goods leader, has taken over Southern Proper, one of the leading heritage clothing brands. The move will create a lifestyle brand engine for producing unique consumer goods across the home and apparel markets both domestically and abroad. The two plan to launch several product expansions in 2019. By tying together the innovative and exceptional quality that the HomTex family of brands is known for, along with the trie

South Korea’s YoungNam Spinning Co is eager to start a project in the Tashkent region with Uzbek firm Istiklol Design to manufacture shirts, fabrics and other finished products, with an annual capacity of 1.8 million square meters of blended fabric. This was conveyed during a recent visit of a YoungNam delegation organised by the Uztextileprom Association. The visit’s purpose was to familiarize with the investment potential of the country and to conduct preliminary economic and marketing res

Struggling UK high street retailers will lose over 175,000 jobs as property value slides amid Amazon’s success and the popularity of online shopping. A further 23,000 shops are likely to close this year, says research by real estate advisor Altus Group. Sixty two per cent of UK property owners said Amazon’s success has disrupted the retail property market. Retailers are expected to have an even worse year in 2019 than the previous year, which saw nearly 20,000 stores close and 150,000 job lo

South Africa will soon announce a master plan to boost the textile, apparel, footwear and leather retail value chain, according to trade and industry deputy minister Bulelani Magwanishe. The plan is to create 60 000 jobs and enhance competition. He was speaking at the opening of Africa Bespoke Apparel (ABA) factory in Verula in KwaZulu-Natal province. The firm is a beneficiary of the department of trade and industry's Black IndustrialistsProgramme. The country’s future economic growth an

Courtesy: SpreadshirtSpreadshirt, the global self-expression e-commerce company, has unveiled SPOD (Spreadshirt Print-On-Demand), a new venture into print-on-demand (POD) drop shipping. Backed by its sixteen years of POD mastery, SPOD hits the ground running with a quick and easy POD drop shipping solution for both offline enterprises and online shop systems such as Shopify. As the popularity and accessibility of e-commerce point-of-sale options increase, so grows the need for fast, reliable

Dry Goods, a subsidiary of Von Maur Department Store, plans to open 19 additional locations in 2019, which will expand Dry Goods' footprint to 58 locations. The new locations are part of the boutique retailer's accelerated nationwide growth plans to showcase the latest fashion trends to young shoppers across the country. It had opened 12 stores in 2018. The announcement will expand Dry Goods' footprint to 58 locations – once opened – across the country, including introducing the brand in sev

With the 164 World Trade Organisation (WTO) members unable to arrive at a consensus over some 25 separate e-commerce proposals at the body’s biennial conference at Buenos Aires in December, 76 countries and regions recently agreed at the World Economic Forum (WEF) in Davos to start negotiating this year on a set of open and predictable e-commerce regulations. The participating countries include the United States, Japan and those from the European Union (EU). China, which had resisted joining

Courtesy: Gucci/KeringKering has been named as the world’s second most sustainable company across all industries by the Corporate Knights’ 2019 Global 100 Index. As further recognition of its continued sustainability leadership in its own industry, the luxury group has been ranked first in the Luxury and Apparel and Accessories sectors for the second year in a row. The annual Corporate Knights’ Global 100 rating index is considered one of the leading benchmarks for corporate sustainability