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UK shops see more visits in July but numbers still low - BRC survey

UK shops see more visits in July but numbers still low - BRC survey

More British shoppers returned to the high street in July, helped by the reopening of pubs and restaurants, but numbers were still much lower than normal for the time of year, an industry survey showed on Friday.
Fashion
Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis say sources

Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis say sources

Fashion conglomerate Shandong Ruyi has brushed aside a sale of textile maker Lycra proposed by Lycra's creditors and is instead looking to publicly float the business, two people with direct knowledge told Reuters.
Fashion
Unifi sales fall, makes a loss, but recovery is under way

Unifi sales fall, makes a loss, but recovery is under way

Unifi, a leading innovator in recycled and synthetic yarns, posted a sales decline to $606.5m in fiscal 2020, which ended on June 28, compared to $708.8m last year. It saw a net loss of $57.2m.
Fashion
World textile & apparel trade dropped in 2019, says WTO

World textile & apparel trade dropped in 2019, says WTO

The value of the world textile trade decreased by 2.4 per cent year-on-year to $305 billion, while apparel trade dropped 0.4 per cent.
Fashion
New COVID-19 wave to threaten Vietnamese garment sector

New COVID-19 wave to threaten Vietnamese garment sector

A fresh wave of COVID-19 may worsen the situation of Vietnam’s textile and footwear industries, still reeling from the impact of the first.
Fashion
China's Hengli makes bold $20 billion bet to spin coal into fabric

China's Hengli makes bold $20 billion bet to spin coal into fabric

What to do with China's abundant stock of coal? Chemicals giant Hengli plans to make clothes out of it. The firm has surprised observers by getting into mining with a $20bn project to convert coal into polyester yarn.
Fashion
Britain's Selfridges to axe jobs on virus retail storm

Britain's Selfridges to axe jobs on virus retail storm

British department store group Selfridges warned Tuesday that it plans to axe 450 jobs after sales slumped due to the coronavirus and the aftermath of the nationwide lockdown.
Fashion
Reliance Industries 'to buy' Future Group's retail chains - report

Reliance Industries 'to buy' Future Group's retail chains - report

​Mukesh Ambani’s Reliance Industries Ltd will pay between 240bn and 270bn rupees ($3.2-$3.6bn) to buy the Indian retail chains owned by Future Group, Mint newspaper reported on Tuesday, citing two sources.
Fashion
NRF condemns forced labor in supply chains after reports on China's Xinjiang region

NRF condemns forced labor in supply chains after reports on China's Xinjiang region

America’s National Retail Federation has teamed up with other industry bodies to release a statement reiterating its “zero tolerance” approach to forced labor and calling on national government to take action.
Fashion
Christian Dior finds magic and roots in its cruise collection, but in Puglia not Paris

Christian Dior finds magic and roots in its cruise collection, but in Puglia not Paris

Dior unveiled a magically infused cruise collection on Wednesday night in the main square of Lecce in Puglia, the home region of the father of the house’s couturier Maria Grazia Chiuri. 
Fashion
Pittards boosts cash levels, sales plunge but recovery starts

Pittards boosts cash levels, sales plunge but recovery starts

​Leather specialist Pittards said on Monday that it has boosted its liquidity with a government-backed loan of £1m and that trade has improved during June and July, But it still expects a loss after H1 sales fell 45%.
Fashion
UK lawmakers, retailers call for action to prevent garment workers' exploitation

UK lawmakers, retailers call for action to prevent garment workers' exploitation

A group of 50 British lawmakers, retailers such as Marks & Spencer and New Look, and investors and NGOs called on Monday for urgent action to prevent the exploitation of garment factory workers in the United Kingdom.
Fashion
Pamela Tulizo wins Dior Photography and Visual Arts Award for Young Talent

Pamela Tulizo wins Dior Photography and Visual Arts Award for Young Talent

Pamela Tulizo has won the Dior Photography and Visual Arts Award for Young Talent, the third edition of the prestigious prize which is held in conjunction with Luma Arles.
Fashion
Diesel links with Polygiene for virus-fighting denim

Diesel links with Polygiene for virus-fighting denim

Sweden's Polygiene, which offers stay-fresh functionality for textiles, said Thursday that it’s linked with denim brand Diesel to introduce “an innovative denim treatment that physically halts 99% of any viral activity”.
Fashion
Longchamp reverses course in Russia

Longchamp reverses course in Russia

The French leather goods brand’s Russian division went into liquidation on July 3, and Longchamp is only active in Russia via its e-shop, according to local media.
Fashion
Levi's adjusts financing to give more support to garment workers

Levi's adjusts financing to give more support to garment workers

Levi's announced its commitments to providing further financial support to its garment workers, after the company appeared on a list of brands that had not yet fully paid suppliers for already made product. 
Fashion