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  • As part of its fourth quarter and fiscal year 2012 earnings announcement, Gap Inc. announced that it plans to open as many as 20 more Old Navy stores in Japan in 2013. Old Navy opened its first store outside of North America in Tokyo in 2012. Based on initial response, the brand expects to open several Old Navy stores in the coming months. The brand will launch stores in key areas of Japan, including Nagoya, Kobe, Osaka and Yokohama. “Our success in Japan shows us there is an appetite for
  • UBM Asia announces that it has signed a binding agreement with NOVO Mania Limited, the organiser of NOVOMANIA, to acquire this annual urban fashion event in Shanghai. Upon completion, UBM will own 60% of a joint venture company, with NOVO Mania Limited, called UBM Novomania, to organise NOVOMANIA from 2013 onwards. NOVOMANIA was launched in 2010 as an annual urban fashion event by the NOVO group of companies, a retailing and fashion conglomerate based in Hong Kong that operates and distribute
  • As you ladies know, Jennifer Lawrence is the face of Christian Dior. She wore the gowns at just about every awards show (Golden Globes, SAGs, Oscars), and while they looked amazing on her, I think she should embrace her age and try some dresses that look a bit "younger." As such, I've picked six from Dior's fall 2013 show that I think Jennifer would kill in. Source: Glamour
  • As well as keeping her designs fresh and exciting, it is equally important for Emma Nissim to remain eco-friendly in her approach to fashion, as part of her core business philosophies. The ‘Pants with Principles’ hot pants are made with the off-cuts from Emma Nissim’s signature piece, The Wrap. After The Wrap went into production, they realised that there was a significant amount of material left over that could potentially go to waste. With a strong no-waste policy, Emma Nissim tried to thin
  • The new U.S. Men's and Women's national team kit is a stylish and striking celebration of what is officially the U.S. Soccer Federation’s 100th year. The design pays tribute to the centennial milestone, giving the uniform a classic but contemporary look. Known originally as the United States of America Foot Ball Association, the organization was formed in April 1913. Three years later, the team played its first game against Sweden in Stockholm where they were victorious 3-2. The new kit celeb
  • The weaving industry, the second largest employer in the district, has welcomed the announcement of concessional interest on loans to weavers and the extension of Technology Upgradation Fund (TUF) scheme in the budget for 2013-14. A six per cent concessional interest rate was announced for the loans for handloom weavers. It was also proposed that the TUF scheme would continue in the 12th Plan period with an investment target of Rs. 1,51,000 crore. The major focus would be on modernisation of
  • One of the key impediments, witnessed over the years about Bangladesh's export market structure, is the excessive dependence on a few target markets for major export products. This is a feature characterising the fate of its number-one export product, readymade garments (RMG). This has been so, ever since the emergence of this sector as the mainstay of the country's export earnings. It is true, though, that global consumption of garments is dependent on two predominantly major markets - the Euro
  • China's top trade union organization will prioritize setting up unions in all overseas-funded businesses that have been operating in the country for more than five years, particularly the world's four-biggest audit firms, which have a strong presence in China. Of the roughly 200,000 foreign-funded corporations in China, 91.4 percent had union representative by the end of 2012, said Wang Ying, a deputy chief overseeing grassroots labor organizations in the All-China Federation of Trade Unions.
  • March Madness may be right around the corner, but January and February weren't exactly calm for North American buyers of polypropylene resin. Regional PP prices jumped another 6 cents per pound in February, right on the heels of a 15-cent hike in January. The increase means that prices in the region are up about 22 percent since Jan. 1, according to the Plastics News resin pricing chart. That percentage is based on general-purpose grades of homopolymer PP used in injection molding. Availabil
  • The crisis-ridden domestic textiles and apparel sector got a much-needed fiscal bailout in the budget with the government providing a host of sops to trigger a revival in the labour-intensive sectors that create jobs. Finance minister P Chidambaram on Thursday proposed Rs. 2,400 crore to modernise the powerloom segment under the technology upgradation fund scheme (TUFS) while the outlay for setting up textile parks was enhanced to Rs. 300 crore including Rs. 50 crore for five new apparel parks.
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