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Retailers should actually pay €33more for a pair of jeans to take into account hidden costs such as damage to the climate and workers’ rights, encountered during production of jeans, says aby Impact Institute and ABN AMRO. At present, the costs such as water pollution and water consumption, illicit labour practices, are not currently being paid.In the report ‘The Hidden Costs of Jeans’, researchers from the Impact Institute investigated a typical production chain for jeans: fromplantations and d
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The fourth edition of Denimsandjeans Vietnam, which is scheduled for June 12-13, 2019, in Ho Chi Minh City, has released the list of exhibitors. Over 40 denim companies from 10 countries will exhibit at the event, which will also have participation of several reputed garment exporters. Two design houses from China will also be present at the show.Pic: Denimsandjeans VietnamFive garment exporters from Vietnam—TCE Vina Denim, T&T Garments, Navi Jeans, Resource Garments, and Knit Indigo—will ex
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Deckers Brands, a company into designing, marketing and distributing footwear, apparel, etc, has recorded net sales of $394.1 million in Q4 of FY2019 ending March 31, 2019. This shows a decrease of 1.6 per cent from $400.7 million for Q4 of FY2018. For full year of FY2019, net sales increased 6.2 per cent to $2.020 billion from $1.903 billion in FY2018.Pic: DeckersDeckers Brands portfolio of brands includes UGG, Koolaburra, Hoka One One, Teva and Sanuk. The UGGnet sales for Q4 decreased 7.2 per
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Welspun India Limited (WIL), part of the $2.3 billion Welspun Group, has registered 46 per cent year-on-year growth during Q4 FY19 in domestic branded business with focus on ‘Spaces’ and ‘Welspun’targeting differentsegments. The company continues to focus on innovation and 38 per cent of its sales were through innovative products.Pic: ShutterstockIn the fourth quarter of fiscal 2018-19 that ended on March 31, WIL’s total income stood at ₹16.009 billion, registering a growth of 4.3 per cent over
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Sportswear has now become a fashion trend among non-athletic people. Awareness is growing to mass people for health and fitness in developing countries and the global sportswear market is tremendously booming.Increasing participation of women in sports and fitness activities is another major driver for this growth. In 2018, the market value of sportswear was US$ 84.1 billion. It is predicted to be worth the US $ 108.7 billion by 2025 with CAGR of 3.3%.Said a recent research report published by Q
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The future of exhaust dyeing has arrived:TM’s disruptive, patent pending, sustainable cationic textile dyeing technology, The Nano-DyeTMProcess, sets a new benchmark for exhaust dyers in the cotton and cotton blend textile arena with the start-up of its first two continuous, mass production systems in Bangladesh with one in March 2019 and the second this May 2019.Nano-DyeTM’s award-winning prototype system released in 2014 led to this monumental milestone. Through collaboration with leading text
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First quarter comparable digital channel sales of Target Corporation grew 42 per cent, on top of 28 percent last year. Comparable digital sales contributed 2.1 percentage points to Target's overall comparable sales growth. In the first quarter of fiscal 2019, the comparable sales of Target grew 4.8 per cent on traffic growth of 4.3 per cent.Pic: Target CorporationTotal revenue of $17.6 billion increased 5.0 per cent from $16.8 billion last year, reflecting sales growth of 5.1 per cent combin
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French Luxury group Kering recently announced grouping most of its Swiss logistics activities into a single hub by relocating those to Italy over the next three years and affecting the jobs of half of the 800 people it employs in its 20 Swiss warehouses. The new hub near Novara will raise Kering's stock-keeping capacity and improve its logistical efficiency.Kering owns luxury brands like Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen, Bottega Veneta, Boucheron, Brioni and Pomellato
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For 70 years, BRÜCKNER has been the worldwide partner for all companies which are drying, coating and finishing web-shaped materials: whether clothing fabrics, nonwovens, carpet, glass or coatings – the variety of materials to be processed has never been limited.Today, it is no longer just a question of machines, but rather of automation and control systems. The topic of digitisation and Industry 4.0 opens up completely new possibilities for increasing productivity, reducing the use of resources
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An Ethiopian delegation led by state minister forand industry Teka Gebreyesus Entehabu recently visited the BEXIMCO Industrial Park in Dhaka to see large-scale vertical operations. The Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, also discussed its plans to set up aand apparel unit in Ethiopia.The Ethiopian minister said hiswould be proud to build an industrial park similar to the BEXIMCO one and would welcome and support the company to invest in Ethiopia,