Loblaw Companies Ltd, a Canadian food retailer (also retails apparel brands), posted 7.1 per cent sales growth to $12.4 billion (Canadian dollars) in its fourth quarter (Q4) FY20 ended on January 2, 2021 compared to sales of $11.5 billion in same period previous fiscal. Operating income for Q4 rose to $702 billion (Q4 FY19: $541 million).Pic: Joe Fresh/ Loblaw CompaniesCompany’s e-commerce sales increased 160 per cent compared to same quarter last year.“In stores and online, our network met the

Sutlej Textiles & Industries recently began commercial production of its greenfield green fibre project to manufacture polyester staple fibre (PSF) by recycling of pet bottles. The project set up at Baddi, Himachal Pradesh, has a capacity to manufacture 120 metric tonnes (MT) per day of raw white, black and dope-dyed recycled PSF, the company announced.Pic: Sutlej TextilesSutlej Textiles and Industries produces a range of textile products that extends from yarns and fabrics to home furnishin

After falling by over 23 per cent in apparel imports during 2020, USA couldn’t see any positive turnaround to start 2021!The official data says USA fell by 18 per cent to US $ 5.52 billion in its apparel import values during January ’21 as compared to US $ 6.76 billion in January ’20.In terms of volume, USA tumbled by 7.70 per cent to 2.13 million SME in the first month of 2021.There was a drastic drop in the unit prices of the imported apparels as the prices sunk 11.64 per cent to US $ 2.58 per

Tahiya Nuzhat PeataIn this era of competitive market, the world is striving for achieving higher productivity. The biggest challenge and burning issue for the companies ishow to get value for the money invested in workforce and infrastructure in terms of productivity.Productivity is the simultaneous implementation and application of efficiency and effectiveness. In textile manufacturing units, this is of special concern as skilled workforce and advanced machinery exist side by side and plays a s

US-based renowned denim giant Levi Strauss is due to deliver cash aid to 1,000 female ready-made garment (RMG) workers of Bangladesh who lost their jobs due to the COVID-19 pandemic’s effect.Under Levi’s COVID-19 Response for RMG Women Workers in Bangladesh program, a 600 apparel workers in Dhaka and 400 workers in Chattogram would get Tk5,000.Figure: Levi Strauss is due to deliver cash aid to 1,000 female RMG workers of Bangladesh.Besides, 600 more apparel workers – 360 in Dhaka and 240 in Chat

Kohl’s Corporation announced that Robbin Mitchell has joined its Board of Directors (the “Board”) as an independent director. A member of the Fashion & Luxury leadership team at the Boston Consulting Group (“BCG”), Ms. Mitchell brings extensive retail industry operating experience and expertise in areas important to Kohl’s growth strategy, including Women’s apparel, Active and Beauty.“Robbin’s background and skillset are ideally suited to support Kohl’s continued strong execution and momentu

AMSTERDAM – Fashion brand Tommy Hilfiger has produced its first garments made in line with the requirements of the Ellen MacArthur Foundation’s Jeans Redesign Project.The project, which launched in 2019 and has since attracted more than 60 brand members, establishes guidelines on garment durability, material health, recyclability and traceability that signatories must meet.Having developed jeans and denim jackets that meet the requirements, Tommy Hilfiger’s CEO, Martijn Hagman, commented: “This

AMSTERDAM – Dutch multi-stakeholder initiative the Denim Deal, which last year launched with the backing of 30 leading companies, has partnered with blockchain technology provider The Movement.The tie-up will afford members of the initiative access to The Movement’s ‘Aware’ blockchain solution in a bid to boost supply chain transparency.The Denim Deal was established in November of last year, and has tasked the likes of Mud Jeans, Scotch & Soda and Kuyichi with using at least five per cent r

After American clothing retailer Tailored Brands’ exit from Chapter 11 last December, it is now seeking US $ 75 million emergency loan from existing lender and its largest equity holder.Image Courtesy: detroitnews.comAlso Read:The retailer, which owns Men’s Wearhouse, has sought the emergency loan following the unexpected slump in its business in December and early this year, which has put it at the risk of default.This was confirmed by a trustee for a group of unsecured creditors who are equity

Despite the fact that the coronavirus pandemic continues to have an impact on international business travel, the Belgian textile machinery technology industry is gearing up for what is expected to be the first major Asian showcase towards the post-pandemic relaunch of the economy. Preparations for the seventh edition of ITMA ASIA + CITME are going as planned! ITMA ASIA + CITME 2020 will take place from 12 to 16 June 2021 at the National Exhibition and Convention Centre (NECC) in Shanghai. It wil