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INDIA: Inditex inks second joint venture deal with Tata 22 July 2011

Fashion retailer Trent has signed its second joint venture deal with Inditex Group to develop and promote Massimo Dutti stores in India.

GERMANY: Adidas confident of full year targets - report 22 July 2011

The CEO of Adidas has said the company is on target to hit its net profit growth goals of between 10% to 15% this year, thanks to steady sales growth.

JAPAN: Itochu inks Nina Ricci license 22 July 2011

Japan’s Itochu Corporation has won the exclusive rights to import and sell the full range of Nina Ricci products in the country.

SRI LANKA: Brandix energy certification “world first” 22 July 2011

The Brandix Group is claiming a world first by becoming the first apparel manufacturer to achieve the ISO 50001 certification, less than a month after it was introduced.

S AFRICA: Calls for government review of Wal-Mart deal 22 July 2011

Three South African government departments are seeking a review of the Competition Tribunal's decision to approve Wal-Mart's acquisition of a stake in local retailer Massmart.

US: VF raises FY guidance on 17% Q2 profit leap 22 July 2011

Apparel giant VF Corporation raised its guidance for the full year after posting double-digit increases in revenues and earnings in the second quarter.

US: Macy's teams up with designer Karl Lagerfeld 22 July 2011

Department store retailer Macy's has named Karl Lagerfeld as the next designer for its capsule collection due to launch this Autumn.

US: Lakeland secures Brazilian Navy order 22 July 2011

Protective clothing specialist Lakeland Industries has secured a contract worth up to US$5m-plus to supply fire-resistant coveralls to the Brazilian Navy.

Observers believe the UK retail market continues to remain fragile UK: Clothing stores boost June retail sales 21 July 2011

UK retail sales rebounded in June with higher sales at textile, clothing and footwear stores helping to offset a decline in the food sector, official figures showed today (21 July), but experts warn the market continues to remain fragile.

ITALY: Versace bans sandblasting after Facebook campaign 21 July 2011

Italian fashion house Gianni Versace is to ban its clothing suppliers from using sandblasting, a technique used to give jeans a used look which is highly dangerous to workers, after a sustained campaign by activists on the company's Facebook page.

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