Chinese sportswear company Li Ning plans to raise up to HK1.87bn through the sale of convertible securities as it works to turn around the brand. The company said that over-expansion in the sporting goods industry has caused the build up of inventory for channel partners, which has adversely affected store productivity and profitability. One convertible security worth HK3.50 will be offered to qualifying shareholders for every two existing shares. "We are at a critical point in executin

The land-locked Eastern European country of Belarus is exploring prospects of knitwear and textile exports to the Netherlands. A delegation of Belarusian light industry ‘Bellegprom’, led by Lyudmila Parkhamovich, head of trade department of Bellegprom, visited Netherlands earlier this week and discussed possibilities of Belarusian textile and apparel exports with representatives of Modint – the Dutch trade association for textiles, carpets and fashion. The visit was organized by the Belaru

"Bangladesh is competing with China now in global apparel exports. Though the gap between China & Bangladesh is pretty huge, the gap between Bangladesh & other countries like Sri Lanka, Vietnam and Cambodia is widening", said the CEO of one of South Asia’s largest vertically integrated textile and garment company in Bangladesh. In an interview with fibre2fashion, Mr Syed Naved Husain, CEO of Bangladesh-based Beximco Ltd, elaborated on various topics touching upon the global textile-ap

Ann Taylor is thrilled to announce that award-winning actress Kate Hudson will return as ambassador of its spring and summer 2013 campaigns. This year, Hudson's role will take on more importance and she will serve in a larger capacity, as both a design influence and charitable ambassador. For the summer collection, she will be developing a capsule collection for the brand. In addition, she will join the Advisory Council for the company's ANNpower Vital Voices Initiative, a program that suppor

The Free Trade Agreement (FTA) between Vietnam and South Korea, talks for which are scheduled to begin in this quarter, is likely to creative a positive impact on the trade relation between the two countries, including a rise in exports of garment from Vietnam to South Korea, according to Mr. Vo Thanh Ha, deputy director of the Asia Pacific Market Department under the Ministry of Trade and Industry. Speaking at a seminar on the Vietnam-South Korea FTA talks, he said South Korea is the fourth

DEMERARA by Cassie & Andrea Ganesh is extremely proud to announce the launch of its first collection with spring/ summer 2013. The label will be represented by The Scott Blair Group and make its first appearance to buyers during Dallas Market this week, January 24th- 27th. DEMERARA by Cassie and Andrea Ganesh is a sophisticated flirty line that incorporates contemporary trends while exuding a traditional essence. The line, conceived by Dallas based designers, is an All-American label, man

Garment exports from Philippines have registered a five percent year-on-year growth and achieved the Government set target of US$ 2 billion in 2012, the Department of Trade and Industry has said. There has been a steady growth in apparel exports from Philippines during the past few years, and exports grew from US$ 1.7 billion in 2010 to US$ 1.89 billion in 2011, the Department noted. The rise in clothing exports from Philippines is mainly stirred by the entry of Chinese producers, who are

At least 2,000 workers have lost their jobs in Zimbabwean clothing industry due to closure of the firms or on account of retrenchment during the past few years, according to Jeremy Youmans, president of the Zimbabwe Clothing Manufacturers’ Association, The Zimbabwean reported. Zimbabwe’s garment industry has been facing several challenges in achieving stability since the hyper-inflationary period, he said. He added that closure of textile producing firms like David Whitehead and Late Modzo

Technophile – British model Cara Delevingne walks through the streets of New York City in DKNY’s colorful spring 2013 campaign. Patrick Demarchelier captures the blonde as she sports urban looks complete with denim, eclectic prints and billowing skirts with the latest tech must-haves as her accessories. Source: Fashion Gone Rogue

Return to England – Rag & Bone once again enlists Kate Moss for its spring 2013 campaign, photographed in England like its fall advertisements. Lensed by Alasdair McLellan in Southrop, Gloucestershire, Kate looks laid-back and relaxed in the season’s stylish outerwear, leather trousers and button-up tees. “We shot our first campaign on a deserted North London street so thought it would be an interesting contrast to follow up in a remote English village, which Kate happens to have an affinity