The gradual recovery of the global economy and the simultaneous instatement of national policies supporting the textile and garment industry have seen China's clothing exports on a steady rise, but the textile and apparel industry is still facing problems.
Hong Kong's retail sales rose 15.3 percent in June from a year earlier, official statistics showed Monday, with tourists from mainland China providing a boost.Total retail sales for the month hit 24.3 billion Hong Kong dollars.
The Spanish fragrances sector is being especially affected by the current economic crisis. Fragrances sales decreased by 3% in volume and 4% in current value terms in 2009. Both premium and mass fragrances sales decreased by around 3% in volume terms.
Jones Apparel Group Inc reported better-than-expected quarterly earnings as the company benefited from a pickup in orders from department stores, solid jeans sales and less discounting, sending its shares up more than 5 percent.
In recent years demand for luggage and leather goods industry has grown, so as competition in the market. It has become one of the fashion statements for women; which has turned their focus towards high end brands such as LVMH.
A new report issued by As You Sow in partnership with Gap, Timberland, Nike and more shares examples of how policy changes made in apparel industry boardrooms can result in improved working conditions, cost reductions and revenue gains throughout the entire supply chain.
Some 80 people were injured on Sunday as Bangladeshi police fired rubber bullets and teargas to disperse angry textile workers protesting for a third day against a new minimum wage they say is too low.
USC Marshall School of Business Study shows designer bags, luxury cars reveal cues about social climbing aspirations—Offers tips for marketers looking to reach the right crowd and new style rules for those who want to show they’ve made it.