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23-Mar-2019   Revenue at Nike climbs 7% in Q3FY19      
The revenue for Nike in the third quarter of fiscal 2019 has improved 7 per cent to $9.6 billion, up 11 per cent on currency-neutral basis. Revenue for the Nike Brand was $9.1 billion, up 12 per cent, driven by growth across wholesale and Nike Direct, categories including Sportswear and Jordan and continued double-digit growth across footwear and apparel.     Read More  

23-Mar-2019   UNIDO to train cotton farmers in Egypt on sustainability      
The United Nations Industrial Development Organisation (UNIDO) has launched a multi-stakeholder pilot project in Egypt, to train cotton farmers on the Better Cotton Initiative’s holistic approach to sustainable cotton production.     Read More  

23-Mar-2019   Glen Raven CEO elected new NCTO chairman      
The National Council of Textile Organizations (NCTO) has elected Leib Oehmig as chairman and David Roberts as vice chairman, in its 16th annual meeting held from March 19-21 in Washington, DC.     Read More  

23-Mar-2019   Logistics business at Li & Fung up double-digit in 2018      
The logistics business at Li & Fung, a leading supply chain solutions partner for brands and retailers, has continued to grow organically in double-digit during fiscal 2018. With strong demand for incountry logistics services, turnover and core operating profit (COP) increased 10.2 per cent and 14.6 per cent to $1.13 billion and $86 million respectively.     Read More  

23-Mar-2019   TCL 2019 highlights new techniques in textile coating      
Speakers and delegates recently gathered in Berlin, Germany, for the latest edition of International Conference on Textile Coating and Laminating (TCL) 2019. Organised by International Newsletters Ltd, TCL had presentations highlighting drive for individual, cost-effective and sustainable products whilst reducing consumption of water, chemicals and energy.     Read More  

23-Mar-2019   Trump-Xi summit not to occur in March: Steven Mnuchin      
A summit to ink a trade deal between Chinese President Xi Jinping and US President Donald Trump will not occur by March end as planned as more work is needed in negotiations, US treasury secretary Steven Mnuchin recently said. After a US Senate Finance Committee hearing,     Read More  

23-Mar-2019   Charlotte Russe will liquidate, close all stores by April      
US-based women''s apparel firm Charlotte Russe will close all its stores over the next two months. The plan to shut down was approved recently by the bankruptcy court in Delaware after liquidator SB360 Capital Partners won the auction in the bankruptcy court for the firm’s $160 million worth of inventory and other assets.     Read More  

23-Mar-2019   Kasey Jarvis new Under Armour chief design officer      
Under Armour has announced the appointment of Kasey Jarvis as its new chief design officer. With nearly 20 years of experience in apparel, footwear, equipment, industrial and automotive design, Jarvis brings proven talent and expertise to the company.     Read More  

19-Mar-2019   GHCL launches Egyptian cotton bedding Nile Harvest      
GHCL Limited has launched a range of completely traceable Egyptian cotton bedding collection under the brand name ''Nile Harvest'' at the ongoing New York Home Fashions Market week. The Nile Harvest range entails the use of proven technology from Tailorlux Gmbh in Munster, Germany, to establish the source and secure complete traceability from gin to store.     Read More  

19-Mar-2019   Coats Global Services'' Apparel Tech Up in Bangladesh ends      
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.     Read More  

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