TextileFuture

VF Corporation to explore Strategic Alternatives for the Occupational Portion of Its Work Segment. F Corporation (NYSE: VFC) on January 21, 2020, announced that it is commencing a review of strategic alternatives for the occupational portion of its Work segment. This strategic review is a reflection of management’s continued focus on transforming VF into a more consumer-minded and retail-centric enterprise, with a portfolio of growth-oriented active, outdoor and work brands. … More VF Corporation to explore Strategic Alternatives for the Occupational Portion of Its Work Segment

Picanol Group: update (2) following large-scale ransomware attack of Monday, January 13, 2020 … More Picanol Group: update (2) following large-scale ransomware attack of Monday, January 13, 2020

The National Cotton Council thinks the Phase 1 trade deal with China signed today by President Trump could bring in trade boost to U.S. cotton exports. The Phase 1 agreement states a chapter on agriculture with Chinese purchases of U.S. products intended to reach at least $40 billion per year starting in 2020. Hence, the … More China Phase 1 Trade Deal brings boost for U.S. Cotton

United States will reduce the 15 % tariffs imposed on a wide range of Chinese consumer goods by half and also cancel another round of tariffs implemented in December. On its part, China will buy an additional USD 12.5 billion worth of agricultural products from the US in the first year and UDF 19.5 billion … More US-China tariff battle ends with trade deal, apparel sector unhappy with deal

NCTO talks on Signing of Phase One Deal on 301 Tariffs. The National Council of Textile Organizations (NCTO), shows the full spectrum of U.S. textiles from fibre through finished sewn products, it stated the following statement on the Phase One Deal on 301 tariffs signed today by the U.S. and China. … More NCTO talks on Signing of Phase One Deal on 301 Tariffs

By guest author Justin Lahart from Wall Street Journal The department store transformed America. Now some of the very forces that fueled its rise have been turned against it. The only way out may be for it to recapture something of its past. In an era in which online stores such as Amazon.com are battling … More The Department Store of the Future will look a lot like the Past