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2020-03-30 10:29:18
Anta looking forward to ‘high-quality growth’
Chinese sports group Anta has reported revenues of almost $4.8 billion for 2019. It said this figure represented an increase of more than 40% compared to the previous year. The Anta brand brought
2020-03-30 10:21:16
Lululemon's net revenue increased in Q4
In A Nutshell: Like most of its peers, Lululemon declined to provide financial guidance, given how the coronavirus pandemic has clouded the economic outlook. The company said it will provide updates
2020-03-27 11:27:42
Senate’s $2 trillion war chest welcomed by AAFA
The American Apparel and Footwear Association (AAFA) has welcomed Senate approval of a US$2 trillion war chest which will ease the hardship felt by businesses across the country since the outbreak of
2020-03-27 10:21:53
Nike sales top expectations despite coronavirus
Nike Inc. topped Wall Street’s expectations for third-quarter earnings and revenue, despite the coronavirus pandemic that roiled China right as Lunar New Year kicked off. In a Nutshell:
2020-03-23 10:48:35
£1.5m grants offered by WRAP for textile recycling
UK waste recycling charity WRAP is offering £1.5 million (US$1.75 million) in grants to support projects that provide innovative ways for textile waste to be recycled or re-used. Grants of
2020-03-20 08:34:51
Upgraded organic textile standard
The new version of the Global Organic Textile Standard (GOTS) released includes new requirements for chemical formulators, makes changes to the addition of regenerated and virgin synthetic textile
2020-03-16 08:27:56
Cotton market sees sluggish trading activity
Official spot rate was down on the local cotton market on Saturday in the process of sluggish trading activity, dealers said. The official spot rate dropped by Rs 100 to Rs 8900, they added. In the
2020-03-16 07:29:04
DOMO Chemicals to invest €12 Million in China
DOMO Chemicals, a producer of high-quality engineering materials for a diverse range of markets, has announced plans for a new state-of-the-art plant in Zhejiang, China. The new plant will be capable
2020-03-16 07:19:26
Brands counting the cost of coronavirus
Major German sports groups Puma and Adidas have spoken of the early effect on their businesses of the coronavirus outbreak. They have focused on China, although the virus is now a pandemic and is
2020-03-11 07:25:24
Coronavirus' impact on imports expected to be larger
The coronavirus outbreak is expected to have a longer and larger impact on imports at major U.S. retail container ports than previously believed as factory shutdowns and travel restrictions in China
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