T-shirt maker Gildan Activewear Inc expects Asian markets to account for 45 percent of global sales within three years versus about 5 percent now thanks to solid demand from China, an executive said on Friday 24 April.
The textile and sports equipment group Lafuma announced on Tuesday 21 April a slight increase in its turnover for the first half (to the end of March) of the 2008/2009 fiscal year, and its intention to increase its capital by around €10 million.
Demand for affordable designer clothes, such as a 60 pound ($87) leopardskin print dress by Julien Macdonald, helped retailer Debenhams beat first-half profit forecasts and eased fears about its debts.
Style Network has ordered a new reality series about the world of mother-daughter socialites. In "Mothers and Daughters of Dallas" (the show's working title), the Comcast-owned fashion-themed network will tell the stories of wealthy women in the Lone Star State as they struggle to maintain their status.
Australian scientists are trying to change the face of fashion by turning animal waste into wearable fabric. They believe that chicken feathers can be turned into a biodegradable fiber from which new fabrics could be developed (discover the video in the article).
There is only one step between fashion and politics; a step that Georges Marciano may now be taking. The co-founder of Guess has announced his candidacy in the elections for Governor of California and could therefore succeed Arnold Schwarzenegger.
Steven Madden Ltd raised its 2009 profit outlook and the shoe maker expects to report first-quarter results above market estimates, driven by the performance of the Steve Madden Womens and Madden Girl brands.
Shoe company Deckers Outdoor Corp posted better-than-expected first-quarter results, helped by strength in its UGG brand, but it forecast a second-quarter loss, sending its shares down more than 7 percent.
Shoe maker Wolverine World Wide Inc posted a first-quarter profit that beat market expectations, as strong sales at key brands and lower operating expenses helped offset some of the hit from unfavorable foreign exchange rates.
British fashion retailer Alexon Group Plc posted a 79% fall in its full-year adjusted pretax profit mainly on lower margins and a poor performance at its Bay Trading brand, and said that it would not pay a final dividend.