Majesty Brands Licensed for ABS by Allen Schwartz Legwear

Majesty Brands

The new ABS by Allen Schwartz legwear collections will debut this holiday season.

Cotton Industry Subsidies Slip 12% in 2013/14

Cotton

The International Cotton Advisory Committee estimates that 44% of world cotton production received direct government assistance.

Bangladesh Increasing Garment and Textile Exports

A new report says Bangladesh’s share of textile and garment exports will increase further in the next 16 years thanks to its low cost base and large working population.

Haggar Names Richey Chief Digital Officer

Eve Richey

Richey, Haggar’s new chief digital officer, was most recently VP of global digital marketing for Toms Shoes.

Nordstrom’s First Canadian Store Opens in Calgary

Nordstrom Chinook Centre-FEATURED

The 140,000 sq. ft. Nordstrom store at Chinook Centre in Calgary is its first store outside the U.S.

UBM May Acquire Advanstar

Advanstar

UBM, the UK-based media company, confirmed last week that it is in talks to acquire Advanstar.

Tesco Shares Fall on Guidance Overstatement

Tesco says its guidance for the six months to August 23 was overstated by an estimated £250 million.

Bill Introduced to Tackle Outerwear Import Duties

A bipartisan bill would eliminate certain duties on recreational performance outerwear imported into the U.S.

Business Groups Express Relief as Scotland Votes No

UK business associations have expressed their relief as the referendum on Scottish independence resulted in a No vote, meaning the nation will remain part of the union. 

Prada H1 Profit Falls on Europe Weakness

Prada

Prada has booked a drop in first-half earnings due to weakness in Europe, and said there are no signs of improvement in the short term.