Coats Global Services (CGS), a Coats business providing software solutions to the apparel and footwear supply chain, organised the first series of Apparel Tech Up event in Bangladesh on February 26 and 28 in Dhaka and Chittagong respectively. Apparel Tech Up is a series of events discussing the value of technology for apparel and footwear manufacturing space. UK-headquartered Coats is the leading industrial thread manufacturer serving the apparel and footwear industries and performance mater

A confluence for the textile and clothing industry, the International Textile Machinery and Accessories Exhibition (ITMACH) India 2019, is expected to be the most important event in the South Asian subcontinent this year. The four-day trade show from December 5 is in discussion with several more industry bodies for collaboration and participation. Backed by incentives-laden government policies, Indian industry is returning to investment mode again and ITMACH India is placed rightly to interac

Armenia recently granted textile-garment manufacturer Armtex Group customs and tax privileges as part of a priority sector investment project. A three-year delay of value added tax payments and exemption of customs duties were granted to the company, which plans textile production in Gyumri, deputy minister of economic development and investments Avag Avanesyan said. The group will invest more than 600,000,000 drams in the unit, creating 40 jobs, according to Armenian press reports. Prod

Following a successful year of registering a 26 per cent y-o-y increase in global revenue, Brooks Running Company has promoted longtime leader Dan Sheridan to newly configured role of executive vice president, chief operating officer. His responsibilities include leadership of Brook’s sales, e-commerce, digital, supply chain and information technology teams. Dan Sheridan,EVP, CEO of Brooks Running; Pic: Brooks Running Company As Brooks continues to pursue its goal of becoming the No 1 brand

The National Basketball Association (NBA), a men's professional basketball league in North America comprising 30 teams, and Navi Mumbai-based apparel manufacturer Suditi Industries Ltd recently announced a multi-year merchandising partnership to launch a range of NBA fanwear apparel in India. The goal is to fully penetrate the Indian market. Pic: National Basketball Association NBA fanwear apparel will be available in department stores across India, including Shoppers Stop, Central, Lifesty

With the aim towards consolidating its presence in India’s growing athleisure market, global sportswear brand Lotto’s Indian association, SSIPL Lifestyle has partnered with Ace Turtle, Asia’s leading omni-channel platform company. Ace Turtle’s omni-channel technology platform will play a pivotal role in accelerating Lotto’s digital presence in India. Pic: Lotto Along with expanding its physical presence in India through exclusive stores, Lotto is aggressively looking to be truly omni-channel

The online sales of Inditex have continued to grow consistently, to €3,200 million during fiscal 2018, representing a growth of 27 per cent from last year. This good functioning of the integrated model has allowed online sales to represent 14 per cent of sales in the markets where the Spanish clothing company has an integrated commercial presence. Pic: Inditex Sales at comparable stores continue to accumulate growth over year-on-year growth, with an increase of 4 per cent in 2018, with a pos

HanesBrands has announced that its board of directors has approved the appointment of Ronald L Nelson as the board chairman effective April 23. The appointment is contingent upon his re-election to the board at the company’s annual shareholder meeting to be held on that day. Nelson would succeed Richard A Noll, who is not seeking re-election to the board. Pic: Champion/HanesBrands Noll is retiring as chairman, concluding a smooth and seamless leadership transition at the company. He has serv

UL, a global safety science leader, is set to expand its footprints in Bangladesh with the inauguration of its new Consumer and Retail Services testing laboratory in Dhaka. The state-of-the-art 33,000 sq ft facility provides advanced, end-to-end service solutions for the textile, apparel, leather and footwear industries at a single destination. Pic: UL UL’s pioneering facility seeks to foster innovation, increase market access and enable faster time to market by empowering customers to show

Nigeria is yet to achieve any of the targets set in the national policy on cotton, textile and garments (CTG) four years after it was enacted. The ministry of industry, trade and investment had launched the National Cotton, Textile and Garment Enterprise Policy in 2015 under trade minister Olusegun Olutoyin Aganga to stimulate the textile sector and limit imports. Despite not meeting any of the targets, the Central Bank of Nigeria (CBN) recently announced foreign exchange (forex) ban for tex