Clothing maker Perry Ellis International (PERY.O) sees a 10 percent rise in industrywide apparel prices over the next two years amid rising commodity prices and higher labor costs in China. "Prices have to go up at some point".
The pain for Britain's retailers is set to intensify as a rise in VAT sales tax from next year puts pressure on household incomes and rising input costs squeeze their profit margins, business consultant Deloitte said on Tuesday.
Owners shut all 300 garment factories at an industrial zone near the Bangladeshi capital on Tuesday as an increasingly violent protest by workers demanding higher pay entered a third day, business leaders and police said.
Brazil on Thursday suspended retaliatory measures against U.S. goods over a cotton subsidy dispute, freezing until 2012 a long-running row that has demonstrated the South American nation's trade clout.
Created in 1907, Polo de Deauville is central to the world of polo and takes its form today with a ready-to-wear collection which will be presented at Bread&Butter. First muse Georgia Jagger is also revealed.
Japanese apparel maker Renown Inc said on Monday that it would sell a 41 percent stake in itself to Shandong Ruyi for about 4 billion yen ($44.4 million), making the Chinese textile group its largest shareholder.