Independent shareholders in Sports Direct on Wednesday voted against making a retrospective payment of 11 million pounds to the brother of founder and majority shareholder Mike Ashley for his work as an IT expert.
Concerns about the impact of next year’s election and competition from lower-cost or more efficient Asian rivals will slow the growth of Cambodia’s garment industry next year, the main manufacturers’ group said.
India’s cotton output is set to rise 9.3 percent in 2017/18 but won’t be the record high predicted by industry analysts as bollworm had caused damage in some regions, a government official said on Tuesday.
Adidas has agreed to an out-of-court settlement in a recent trademark case arising from the brands' long-term disputes concerning Adidas' allegations that Forever21 is wrongfully using the registered "three stripe" mark.
L.A.'s Thomas Fire, which has expanded to an area larger than the size of New York City and continues to burn, has temporarily shut down Kylie Cosmetics' Oxnard, CA factory while state evacuations are carried out.
H&M Foundation with the Hong Kong Research Institute of Textiles and Apparel has demonstrated the new concept of innovative Closed-Loop Apparel Recycling Eco-System in the Swedish Pavilion of DesignInspire 2017.
A jury in California has awarded Unicolors almost $850,000 in its copyright suit against H&M, finding after a trial that the fast fashion giant willfully infringed on the LA-based textile company's fabric pattern.