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

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

Luxury Apparel Sector to go Digital thanks to Immense Promise in Developing Regions

The luxury apparels sector has been one of the prime beneficiaries of the steady rise in the disposable income of consumers in emerging regions. Though consistent demand from developed, affluent regions such as North America and Europe is the key sustaining force for the global luxury apparel market, the rising demand in emerging regions could … Read more Luxury Apparel Sector to go Digital thanks to Immense Promise in Developing Regions

American apparel and accessories brand Gap comes online with Amazon Fashion

New Delhi: India’s leading textile to retail conglomerates, Arvind Lifestyle Brands Limited has formed an exclusive partnership with Amazon Fashion to sell American apparel and accessories brand Gap online, the company said in a statement today. Gap merchandise will be available through a dedicated brand store on Amazon and one can buy Gap’s Summer 2017 … Read more American apparel and accessories brand Gap comes online with Amazon Fashion