FABRIC Act will "thread the needle" of protecting garment workers
Senator Kirsten Gillibrand has introduced the FABRIC Act to reinvigorate the US garment industry and strengthen workers' rights.
Source: just-style.com
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Delta Galil reaffirms FY outlook on record Q1 sales
Delta Galil cited a strong start to 2022 with record financial results for the first quarter, reaffirming its full-year outlook.
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Source: just-style.com
Big data hiring levels in apparel industry dropped in April
The proportion of apparel supply chain companies hiring for big data-related positions fell in April compared with the same month last year.
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Source: just-style.com
Isko opens first UK denim product development centre
Isko has opened its first UK product development centre to offer solutions for all denim requirements — from fabric to finished garment.
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Source: just-style.com
Investment Analysts' Downgrades for May 17th (ACXIF, ADBE, AGYS, ALLT, ATRA, AUTO, AVYA, BNS, CM, CMWAY)
Investment Analysts’ downgrades for Tuesday, May 17th: Acciona (OTCMKTS:ACXIF) was downgraded by analysts at Royal Bank of Canada from an outperform rating to a sector perform rating. Adobe (NASDAQ:ADBE) was downgraded by analysts at StockNews.com from a buy rating to a hold rating. Agilysys (NASDAQ:AGYS) was downgraded by analysts at StockNews.com from a strong-buy rating […]
Source: etfdailynews.com
Top locations for M&A deals in fashion and accessories
New figures from GlobalData reveal the top countries for merger and acquisition deals in the most recent quarter
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Source: just-style.com
The week in review: High inflation, low carbon?
The Ukraine-Russia war continues to affect the apparel industry due to high inflation levels and rising costs.
Source: just-style.com
Zara's 'bold' new returns fees will inspire other fashion players to follow suit
Zara is to start charging a fee for returns to drop-off points, a move experts say will create a domino effect across the fashion industry.
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Source: just-style.com
Coats reveals UK redundancies following sale of Brazil, Argentina business
Coats is making some UK-based redundancies as part of its global strategy following the sale of its Brazil and Argentina business
Source: just-style.com
Bangladesh apparel stakeholders outline green commitments
The government of Bangladesh among others has vowed to help the apparel sector transition into a green future.
Source: just-style.com