The US stock market regulator has opened an investigation into the accounting practices of Chinese online giant Alibaba, a company document showed. Alibaba said in a regulatory filing that the Securities and Exchange Commission had opened the probe "into whether there have been any violations of the […]

Sweating workers in stiflingly hot factories, making shoes by hand could soon be a thing of the past. At least according to German sports company Adidas. Flexibility, automation and speed is key when making the new sports shoe of the future. With its groundbreaking new Speedfactory, the sportswear giant […]

Los Angeles - Casualwear brand XCVI recently just acquired a new label. The chic womenswear brand just acquired Oregon-based label Agave Denim. In the acquisition, XCVI will be taking over a lot of Agave’s departments. According to WWD, under the new ownership, XCVI will be in charge of Agave’s manufacturing, […]

If for some reason you thought a 15 dollar top is worth credit card debt, there is good news for you. Forever 21 has teamed up with Alliance Data Systems to launch its own credit service. “As we continue the rapid pace of our growth, we’re confident this new credit and loyalty program will be a key […]

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 […]

UPDATE London - L Brands, parent company of lingerie giant Victoria's Secret has confirmed reports that it will be axing its swimwear, along with footwear, accessories and apparel and focus on its core divisions: Victoria's Secret Lingerie, Victoria's Secret Beauty and Pink. The Columbus-based retailer […]

French contemporary brand The Kooples has launched e-commerce in the United States. The new e-commerce site is expected to account for 25 percent of the company's U.S. business within the next several years. In 2014, the company unveiled five flagship stores in the United States, two in New York, two […]

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 […]

Running a garment factory is no easy task, even - or especially when - more than 80 percent of all exports are taken up by readymade garments. And even when safety requirements have been fulfilled. There are many other factors like local and global competition, constant time pressure, shortages of resources […]

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 […]




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