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Hanesbrands completes $200M purchase of apparel competitor

2015-04-08 22:56:36| Apparel - Topix.net

Winston-Salem-based Hanesbrands Inc. said Wednesday that it has completed the acquisition of Spartanburg, S.C.-based Knights Apparel in a $200 million deal that will give it a stronger position in the licensed and graphic apparel industry. The acquisition of the collegiate logo apparel company from Merit Capital Partners closed as expected on April 6, with the all-cash transaction valuing Knights at approximately $200 million.

Tags: purchase apparel completes competitor

 

Indonesia Apparel Exports in 2014 (Country Report)

2015-04-08 21:05:04| EmergingTextiles.com

Indonesia's apparel exports continued stagnating in value terms in 2014, whatever the fall of the currency in the last years. Although confronted with a relative decline on the global market, Indonesia may benefit from the shift to polyester and viscose in the current period, thanks to its strong chemical fiber industry. Our statistical series provide a comprehensive view of Indonesia's clothing exports, with an exhaustive review of US and EU imports per product category.

Tags: report country apparel indonesia

 
 

Strong dollar creates apparel headwinds

2015-04-08 19:09:00| Daily apparel & textile news and comment - from just-style.com

A robust and rising dollar is giving US consumers more buying power, especially for products made overseas - but the impact is weighing on the earnings of US brands and retailers with large overseas operations.

Tags: strong apparel dollar creates

 

VF Corp to develop nanofibre apparel fabrics

2015-04-08 16:53:00| Daily apparel & textile news and comment - from just-style.com

US apparel and footwear giant VF Corp has formed a strategic partnership with nanofibre solutions company FibeRio Technology to develop performance apparel fabrics using nanotechnology.

Tags: develop apparel corp fabrics

 

American Apparel to "restore health" with 180 job cuts

2015-04-08 16:01:00| Daily apparel & textile news and comment - from just-style.com

American Apparel has made around 180 job cuts as part of plans to restore the financial health of the company.

Tags: health american job apparel

 

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