Marc Jacobs Talks Tabloids and Makeup at WWD’s Apparel & Retail CEO Summit

Last night at New York’s Plaza Hotel, WWD gathered designers and CEOs for the opening night dinner of its two-day Apparel & Retail CEO Summit. The evening was headlined by a talk with Marc Jacobs, during which the designer fielded questions about his lack of recent tabloid coverage (“Well, not since Kanye and Kim are [pregnant]…I guess … Read more Marc Jacobs Talks Tabloids and Makeup at WWD’s Apparel & Retail CEO Summit

American Apparel Files for Bankruptcy

Early Monday morning, American Apparel — a retailer known as much for its controversies and envelope-pushing ads as it is for its spandex — filed for bankruptcy protection, citing $311 million in debt, sales declines, employee dissatisfaction and lawsuits, several involving twice-ousted founder and former CEO Dov Charney, as causes. This doesn’t come as a surprise — back in August, the company sent out a press release expressing doubts it would … Read more American Apparel Files for Bankruptcy

GST on footwear up to Rs 500, apparels sub-Rs 1,000 at 5%; biscuits and beedi leaves in same slab at 18%

The GST Council has fixed the tax rate on footwear worth up to Rs 500 at the lowest tax slab of 5% under the new GST regime. Beedi leaves have been taxed at 18%, while beedis itself have been taxed at 28% without cess, lower than the rate imposed on cigarettes. By: FE Online | … Read more GST on footwear up to Rs 500, apparels sub-Rs 1,000 at 5%; biscuits and beedi leaves in same slab at 18%

Apparel exporters gear up to make sportswear

Local garment makers are gearing up with fresh investment to enter the global sportswear markets, as demand for the items is on the rise with changes in taste and fashion. Although Bangladesh is the second largest garment exporter worldwide after China, it has little presence in the global sportswear market worth $270 billion. China and … Read more Apparel exporters gear up to make sportswear