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 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.
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.
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.
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.
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%.
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.
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”.
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.