Despite an increasing number of countries competing in the garment export business, the United States is still the main market for Cambodia’s garment and textile industry and a key buyer of Cambodian products, the Cambodian minister of labour Ith Sam Heng said on Wednesday after meeting US ambassador […]

London - British heritage brand Burberry is set to focus on simplifying its operations, cutting spending and focusing on core basic items and handbags to help counter a decline in annual profits. Burberry reported a 10 percent drop in adjusted pretax profit to 421 million pounds for the year ended March […]

Los Angeles-based company Contempo Inc. USA is undergoing a current lawsuit. From court documents, the owners alleged that employee Peter Suk Lee had embezzled approximately 1.4 million dollars from the company as reported by Apparel News. An investigation that took place earlier this month by the Federal […]

UPDATE London - Jack Ma, the founder and executive chairman of Chinese e-commerce giant Alibaba has cancelled an upcoming speech at the International Anti-Counterfeiting Coalition (IACC) following the suspension of Alibaba's membership last week. Ma was set to give a keynote speech at the spring conference […]

REPORTNet sales of The TJX Companies, for the first quarter of fiscal 2017 increased 10 percent to 7.5 billion dollars and consolidated comparable store sales increased 7 percent over last year's 5 percent increase. Net income was 508 million dollars and diluted earnings per share were 0.76 dollar, […]

Agency Anomaly, which has offices in London, New York, Toronto, Amsterdam, and Shanghai, has acquired a stake in online fashion retailer Lyst. Financial details of the deal were not disclosed, just that the agency behind Lyst’s inaugural advertising campaign, had entered into a “long-term business partnership” […]

The International Anti-Counterfeiting Coalition (IACC) has announced via a statement from the group's board of directors that they are suspending their General Membership Category. This removes members such as Alibaba, The Real Real, and Wish.com "This will not affect our existing relationship or joint […]

Most of the studies indicate that weddings in China are considered to be a once in a lifetime opportunity to splurge on everything from wedding dress and photo session to return gifts. Western culture swept into China three decades ago when the communist country welcomed foreign trade. And western brands […]

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