Bangladesh's main export earner has been rocked by the global economic downturn which has brought runaway growth to a juddering halt and this week prompted violent protests over wage cuts by tens of thousands of garment workers.
Triumph is launching a large cost-reduction programme and as a result emotion is running high in Thailand and the Philippines, where more than 3,600 jobs have been cut following a plunge in the company’s international demand.
From the 13th to the 16th of June, the Italian men’s fashion tradeshow Pitti Uomo welcomed at least 8% fewer visitors than the 20,565 seen in June 2008. According to the organizers this was an expected decrease, following on from two sets of record figures.
The Indian Ministry of Textiles specified details of a 100 day plan to help the textile industry. Further to the launch of two new textile parks, aid for 150,000 weavers and financial support for exporters in finding new markets have been promised.
The UK’s “Aim Company of the Year”, ASOS plc, has crowned a successful year by winning the prestigious “Grand Prix for best overall investor relations” for Companies at the IR Magazine UK & Continental Europe Awards 2009.
Fashion company Polo Ralph Lauren Corp has agreed to design and create outfits for the American team in the Olympic and Paralympic games in 2010 and 2012, extending a deal it entered into for the Beijing games last year.
Berlin is slowly but surely establishing itself as one of the top global catwalks for the bold and the beautiful of the world of high fashion – and the global financial crisis seems to be doing nothing to slow it down.
After Liam Gallagher and his Pretty Green label, Ronnie Wood, none other than the guitarist of musical legends the Rolling Stones, is getting ready to launch a collection of off-the-peg clothing and accessories for the British label Liberty of London.
Camper has installed its new boutique project, Together by Jaime Hayon, in Tokyo. The Spanish artist and designer has exclusively designed for this new space, that will be spread over two floors in the centre of the Omotesando district.
During the John Galliano spring-summer 2010 fashion show in Paris each of the models, at the risk of stating the obvious, wore a pair of shoes. The difference this time was that these shoes were produced under licence by Rodolfo Zengarini.
Calvin Klein has for the past few months been contesting the use of its initials by the Spanish company Zafra Marroquineros. The European Court of Justice has now dismissed the case brought by the American brand.