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The apparel industry has a big problem. At a time when the economy is growing, unemployment is low, wages are rebounding and consumers are eager to buy, Americans are spending less and less on clothing. The woes of retailers are often blamed on Amazon.com…
Korea domestic fashion market is expected to reach 44.32 trillion won, up 3 percent in 2018. Korea Federation of Textile Industries predicted that the fashion market will recover in the next year as the Consumer Confidence Index is improving in the second…
Last year Gap Inc. was the first U.S. retailer to return to Myanmar for its apparel manufacture, a major sign of the potential return of the country’s once-thriving garment industry. But demonstrations by labor unions over working conditions and pay have…
The Singapore attire market progress has been nearly stagnant since 2010 based on a brand new market report. The Singaporean attire retail business had complete revenues of US$2.four billion in 2014, representing a compound annual progress fee (CAGR) of 1.6…
South Korea’s E-Land Group has purchased two US style retail manufacturers – KR3W Denim Co and Supra Footwear. E-Land subsidiary Okay-Swiss International Manufacturers has purchased the 2 manufacturers’ father or mother One-Distribution, a skate-inspired…
Chinese language personal fairness firm Oriental Fortune has agreed to buy a 20 per cent stake in Hong Kong listed Ports HK. Ports HK is the subsidiary of Ports BVI which owns considerably all the group’s present trend and attire enterprise and is looking for…
Hong Kong attire retailer I.T. Restricted has boosted turnover by 6.four per cent on an expanded retail footprint, regardless of the retail downturn that has been squeezing its rivals. Complete gross sales reached HK$7.18 billion, with retail gross sales in…
US apparel retailer American Eagle Outfitters has announced new parnerships to enter two new Asian markets. In Singapore, AEO has partnered with Trendz 360 and in South Korea with SK Networks Co. Stores will open in both markets this calendar year. The…
E.Land World Ltd, the most important attire model in South Korea and the core attire subsidiary of worldwide retail group E.Land, is implementing Manhattan’s Provide Chain Commerce Options to assist fulfil on its service promise to clients and allow future…
The Kumar Mangalam Birla-controlled group on Sunday introduced a plan to merge its Aditya Birla Nuvo Ltd (ABNL)-operated trend retailing enterprise with Pantaloons Trend & Retail. This can create India’s largest branded attire participant, valued at Rs 12,000…
