Online fashion retailer Asos has reported a sharp rise in sales, although headline profits slumped due to the continuing costs of relocating to a new warehouse. Revenue for the six months to the end of September rose to ?217m, up more than 50% on a year earlier. Overseas sales more than doubled and continued to drive revenue growth. Pre-tax profit was ?4.5m, down from ?7m a year earlier. This was due to ?7m of warehouse-related costs. While sales in the UK rose 8% to ?89m, those inte

Price of Top 10 Popular Fabric This Week Total Price Index Source from: Textile Index

Selfridges London unveils the ultimate designer menswear destination with a new concept featuring thirteen international labels and a startlingly re-imagined space designed by Alex Cochrane. Located on first floor and dedicated entirely to men - the 300 square-metre space is a new authoritative high-fashion destination. The product offering is the store’s most directional menswear offer to date. Lanvin and Marni have been introduced to the store for AW12 and will join the offering of the w

Zara's online store begins to welcome customers in Mainland China today 5 September. This is a new milestone in Zara’s e-commerce business expansion into all of the markets in which it operates. The Zara website, will offer online shoppers the same full range of merchandise for women, men and kids as that found in high street stores. Online site is designed to provide an outstanding user-friendly shopping experience and allow fashion fans to make their purchases from any of the browsers av

Didriks announces new fall collections of bed linen, table linen and other home linens from Belgian linen maker Libeco Home. The Libeco Home linen collections introduced this Fall include rustic, "cowgirl chic" check patterns and coordinating solids in warm earth tones that are perfect for autumn. Another addition to the Libeco line this Fall are the Cambridge linen area rugs and new linen curtain options, including the elegant Casper linen sheer curtains. Each season Libeco Home innov

DuPont issued the following statement after a ruling by the U.S. Federal Court in Richmond, Va., ordering Kolon Industries to stop producing and selling their Heracron aramid fiber: “The injunction, coming on the heels of DuPont’s $920 million damages award from last September, reaffirms what was already clear: that Kolon Industries willfully and maliciously misappropriated DuPont’s proprietary Kevlar technology,” said Thomas L. Sager, DuPont senior vice president and general counsel. “The tr

From the countless red carpet events to the Olympic ceremonies, it has been one great year for British fashion. And now the nominations have landed for the British Fashion Awards 2012. The event, which is the most celebrated of the year in the fashion world, showcases the year's most acclaimed designers. Battle of the Brits: Victoria Beckham will try and pip Stella McCartney to the title of Designer Of The Year After her kit-designing efforts at this Summer's Games, it is no surpris

Cotton inventories in China, the world's biggest user, will triple over the next two years to a record as domestic demand slumps to the lowest since 2005, according to the latest estimates from the US Department of Agriculture, a year after record prices spurred farmers to expand their output. The figures show that global harvests are expected to exceed demand for a third year, swelling stockpiles around the world by 10 percent to 74.67 million, 480-pound bales by August. Cotton may drop 1

Topshop announced their latest designer collaborator, J.W.Anderson. Following Christopher Kane, Pamela Love, Mary Katrantzou and Kate Moss , Topshop announced their latest designer collaborator, J.W.Anderson. The Young Irish-born designer is set to create his debut collection for Topshop which will feature a range of clothing, as well as an array of clever gift ideas such as Rubik's cubes, usb keys, pencils and a selection of photography books. Though the collection details are under wraps

True to his word as a candidate, a few hours after taking office as US president on January 20, 2013, Mitt Romney issued his first executive order, declaring China guilty of curency manipulation. In accordance with the Omnibus Trade and Competitiveness Act of 1988, President Romney’s act triggered immediate negotiations between US and Chinese officials. But the negotiations stalled and both parties blamed the other in press releases. In early February, in his first State of the Union address,