L Brands, a US based fashion retailer, reported a marginal 1 per cent reduction in net sales to $12.914 billion in fiscal 2019, that ended on February 1, 2020. Net sales in the Q4 FY19 fell 2 per cent to $4.707 billion compared to $4.852 billion in the same period prior year. The Bath & Body Works business reported record results in Q4 and full FY19.Pic: L BrandsCompany's operating income in Q4 FY19 was $81.7 million compared to $799.4 million same period prior year. L Brand reported net

In the early days of the garments manufacturing industry in Bangladesh, very few factories used to work on All Over Printing (AOP). During the time, printed fabrics were made only for the local market, not for the global market.In the 80s when the Readymade Garments (RMG) manufacturing in Bangladesh was getting bigger step-by-step, at the same time printing projects were also gaining momentum. When the rolling printing technology became extinct, printing technologies like flatbed machines for fa

The first Cradle to Cradle Certified Platinum denim fabric introduced C&A has. The denim was created in partnership with Rajby Textiles and Eco Intelligent Growth. This is the first fabric worldwide to be certified at the Platinum level by the Cradle to Cradle Products Innovation Institute, a global non-profit dedicated to transforming the safety, health and sustainability of products through the Cradle to Cradle Certified Product Standard.C&A is the first fashion brand to achieve the hi

Spanish brand Mango is now present in Kenya, Angola, Egypt and South Africa, among other African countries. The African store count totals 52 retail outlets, including four Mango megastores, a retail concept that the company introduced in late 2013. Compared to the traditional average store format of 300 sq mts, megastores have surface areas of between 800 and 1,500 sq mts, while flagship stores could be as large as 3,000 sq mts. Mango was one of the first European fashion brands to expand in Af

The) Punjab chairman Adil Bashir recently urged Prime Minister Imran Khan to review the decision of add-ons and surcharges that has raised power tariff to 70 per cent retrospectively for the export-oriented industry. The decision could lead to closure of mills and render thousands jobless, he feared.Addressing a press conference at the APTMA Punjab office in Lahore, he lamented that the government had unilaterally increased power tariff to 13 cents per kWh to cover its inefficiency and had made

A shift in sourcing and demand-based supply chains are the key apparel sourcing challenges faced by US companies due to an impending economic downturn. Driving end-to-end process efficiency and cross-functional collaboration is crucial for companies to address such challenges. The US and China have embarked on a trade war that has seen them impose tariffs on a combined $360 billion worth of tariffs on imports, causing turmoil for financial markets and concern in sourcing circles.The key economic

In nine months of 2019 Ralph Lauren’s profit shot up by 58.6%. Revenues grew 1.6 per cent. The company adopted strategies that allowed it to elevate the brand. North America continues to be Ralph Lauren’s most successful market, although it’s the market that least grew in the year. Sales in the region increased 0.6 per cent. The company’s sales in Asia grew the most, 4.7 per cent more. Additionally, in Europe, the group’s sales increased by 2.7 per cent. America continues to be Ralph Lauren’s mo

The multi-brand designer luxury retail chain Ogaan, will showcase an exclusive curation of bridalwear on 29 February at The Oberoi, New Delhi.The much-awaited show will house multiple designer labels and brands with their bridal collection for the spring wedding season alongside many off-the-runway looks from the recently wrapped Lakme Fashion Week.Image Courtesy: The special one-day show is set to house bridal collections from many well-known designers including Petticoat Lane’s pastel inspired

STOLL, a Germany-based leading flat knitting machine manufacturer, is all set to participate in the upcoming JEC World exhibition in Paris, France.Scheduled to take place from 3to 5 March 2020, JEC World Exhibition is a renowned trade show that helps unite the global composite industry. STOLL will display an array of its textile solutions to lure the visitors.Highly innovative flat knitting machinery of STOLL will be one of the products that is expected to garner attention among other textile so

The Cotton Corporation of India (CCI) launched Indian cotton brand Hira in Mumbai today.said she has worked hard to change Indian quality parameters under CCI procurement and currently it is the best quality at par with global standards. Thehailed the launch of the cotton brand.CCI, established in 1974, started itsin 1985 and is helping cotton farmers and the cotton textile industry. The industry has been pleading the ministry of textiles to standardise and brand Indian cotton, SIMA said in a pr