OECD GDP growth slows to 0.3% in the third quarter of 2019

Growth of real gross domestic product (GDP) in the OECD area slowed marginally‎ to 0.3 % in the third quarter of 2019, compared with 0.4 % in the previous quarter, according to provisional estimates. Among the Major Seven economies, GDP growth slowed markedly in Japan (to 0.1 %, compared to 0.4 % in the previous … More OECD GDP growth slows to 0.3% in the third quarter of 2019

Levi Strauss and Hohenstein collaborate to bring safer chemicals to the apparel industry by using ECO PASSPORT by OEKO-TEX®

Levi Strauss & Co. (LS&Co.) and Hohenstein on November 19, 2019,  announced a collaboration to utilize the ECO PASSPORT by OEKO-TEX® certification system in the LS&Co. supply chain. This will amplify the capabilities of the Screened Chemistry program developed by LS&Co., helping establish a clearer pathway toward safer chemistry in the apparel industry by providing … More Levi Strauss and Hohenstein collaborate to bring safer chemicals to the apparel industry by using ECO PASSPORT by OEKO-TEX®

Newbie continues to conquer Great Britain – new store at Gatwick Airport

Newbie, KappAhl’s lifestyle concept in more sustainable materials for babies and children, continues to conquer Great Britain. Newbies first airport store has now opened at Gatwick outside London. Sales started immediately and customer feedback was that they love Newbie! … More Newbie continues to conquer Great Britain – new store at Gatwick Airport

The industry meeting of German Textile Care, Fabric and Leather was marked by internationalisation and digitisation

This year’s VDMA TFL industry meeting took place November 13 – 15, 2019 in Berlin, Germany. For many years, the trade association has been committed to Europeanisation and this year, too, further European members have joined the ranks. “Only together as a European industry can we form an antithesis to the current global framework conditions … More The industry meeting of German Textile Care, Fabric and Leather was marked by internationalisation and digitisation

Inside Under Armour’s sales scramble: ‘Pulling Forward Every Quarter’

Sportswear brand pushed early shipments, dumped goods at off-price chains to stay on growth streak, former executives say By Khadeeja Safdar and Aruna Viswanatha from Wall Street Journal Former executives at Under Armour Inc., the sportswear company whose accounting is under federal investigation, said they scrambled to meet aggressive sales targets, borrowing business from future … More Inside Under Armour’s sales scramble: ‘Pulling Forward Every Quarter’