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Cotton stock at all-time high

Global cotton stock has grown to an all-time high and is expected to rise even more. According to the U.S. Department of Agriculture (USDA) forecast for 2013/14, the global stock is expected to grow to 92,741,000 bales of cotton.
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Zac Posen launches bridal wear

American designer Zac Posen is to offer his first ever collection of wedding gowns after announcing a collaboration with affordable US bridal wear brand David’s Bridal. Set to debut in February 2014, the Truly Zac Posen collection will be infused...

Inditex: Weakest profit in years boosts shares performance

ANALYSIS_ Zara-owner Inditex, the biggest fashion retailer in the world, has posted its weakest profit growth in four years. The slowdown sent shares to a historic hight in Madrid stock exchange, spiking optimism that the retailer will continue...

Bangladesh: Tesco pulls out, Uniqlo invests

One country, two retailers, two different approaches: While British retail giant Tesco chose to stop using 15 factories of concern in Bangladesh in the past 12 months, Japanese fashion house Fast Retailing announced yesterday that it will open...

Mulberry looks to Asia to reverse dented profits and trading

ANALYSIS_Mulberry has seen its profits hit by a poor turnover within Europe – it’s main market- and the ever-rising material costs. The departure of creative director Emma Hill hasn’t helped either, as Mulberry’s shares sharply fell on the back of the news....

Bread & Butter introduces stricter rules

International tradeshow Bread & Butter, which takes place in Berlin, is introducing stricter rules ahead of its July event. If you are not a buyer, store owner, journalist or a business partner of a brand exhibiting, and you still want to visit then it will cost you....

The price of a pair of jeans – who profits?

IN_DEPTH_ Though often divided, retailers, brands, factories and suppliers are more often than not in complete agreement when it comes to the question of margins. There just seems to never be enough of a profit to cover even basic costs, let alone invest...

Organised retail crime on the rise

In its ninth annual Organized Retail Crime (ORC) Survey, the Washington-based National Retail Federation (NRF) found that 93.5 percent of retailers have been a victim of organised crime in the past year. Eight in ten of those surveyed believed...

Mango's international boost: FY net profit jumps 79 percent

ANALYSIS_ Spanish fashion retailer Mango has closed a quite profitable year, seeing its full year net profit jumped by 79 percent. Profit after tax in 2012 amounted to 113.4 million euros, with 84 percent of turnover coming from foreign markets...

What to buy - can consumers make a difference?

IN_DEPTH_ In view of the recent tragic accidents in sourcing countries like Bangladesh, Pakistan and Cambodia, what can consumers do to make sure the clothes they buy are not produced in unsafe factories? Can they do anything?...

Tackling the sourcing problem: a closer look

IN_DEPTH_ Fires, building collapses and worker protests – the sourcing end of the textile and garment manufacturing industry is going through a crisis like rarely before. And everyone is affected - from workers (many of whom lost...

Isabel Marant pour H&M

Swedish fashion chain H&M has announced that its next designer collaboration will be with Parisian designer Isabel Marant. The collection, set to roll out across 250 H&M stores worldwide and online in November, will feature apparel and accessories...

John Galliano gives first interview

Disgraced designer John Galliano has given his first interview since his eponymous termination from the house of Dior in 2011. The designer, who's unceremonious anti-semetic attack in a bar two years ago got him fired from the top job at Dior,...

Jason Wu named artistic director at Boss

New York-based fashion designer Jason Wu has been named artistic director of Hugo Boss’ Boss womenswear label, it was announced today. The 30-year-old Taiwan-born designer, who founded his own label in 2007, will take up the newly...

Interstoff Asia now in September

Interstoff Asia Essential Autumn will take place from 27th to 29th September at the Hong Kong Convention & Exhibition Centre. Following requests from exhibitors and visitors, the fair has moved from a date in early October to the new one...

Moss Bros owes online its promising results

ANALYSIS_Menswear firm Moss Bros has seen how a strong online push helped lift sales and profits after a week start to the year for the menswear retailer. Online sales accounts for 3.3 percent of its total sales, up from 1.4 percent on a yearly basis....

Hermès and LVMH dispute end in sight

After nearly two years, the dispute between Hermès and LVMH seems to be nearing its end. Hermès, one of the last great independent luxury houses in France, saw almost 20 percent of its shares get sold to LVMH owner Bernard Arnault....