Apparel and textile industry company news

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US: Hanesbrands hails debt cut as Q4 profit soars Richard Woodard | 6 Feb 13

Apparel company Hanesbrands ended fiscal 2012 with a near doubling in net profit following a reduction in debt and its exit from under-performing businesses.

Global: Brands accused of "fuelling modern-day slavery" Petah Marian | 20 Nov 12

A number of major clothing brands have been accused of "fuelling modern-day slavery" through their failure to address child and forced labour in their supply chains, according to a report released by the Not For Sale campaign.

US: Hanesbrands to expand Woolwine fabric plant Katie Smith | 20 Nov 12

US clothing manufacturer Hanesbrands has revealed plans to double production at its Woolwine fabric plant in Virginia by adding new knitting machines.

US: Hanesbrands sees Q3 profits rise Petah Marian | 24 Oct 12

US clothing company HanesBrands saw third-quarter net income rise on the back of increasing sales and improving margins.

Top stories on just-style this week... Katie Smith | 3 Aug 12

Top stories on just-style this week include a look at the challenges facing continued garment export growth in Bangladesh, the launch of Adidas' DryDye t-shirts and an interview with Fernando Capellán, founder and president of Grupo M.

In the money: Hanesbrands left counting cotton cost Richard Woodard | 1 Aug 12

Unless you’ve been living on Mars or have been trapped under something heavy for the past year or so, you won’t need telling about the cotton price hikes of recent times.

US: Cotton costs burden Hanesbrands Q2 profit Richard Woodard | 1 Aug 12

Basic apparel maker Hanesbrands recorded a diminished profit in its second quarter despite a slight sales increase, as the company continued to be impacted by historic high cotton costs.

Speaking with style: Fernando Capellán, founder and president, Grupo M Leonie Barrie | 31 Jul 12

With apparel manufacturing operations bridging the Dominican Republic and neighbouring Haiti, Grupo M's co-production model is an exemplary example of trade preferences in action. Here company founder and president Fernando Capellán tells just-style about the opportunities that lie ahead.

US: Crailar wins flax labelling on products Leonie Barrie | 12 Jul 12

A decision by the US Federal Trade Commission that products made from Crailar natural fibres can be labelled as "flax" rather than "linen" is seen as an important step in emphasising the material's unique nature to consumers.

US: Hanesbrands to exit Europe, Outer Banks and imagewear Petah Marian | 30 May 12

Hanesbrands has revealed plans to cut the production of basic apparel used in screen printing, exit its private label business, the Outer Banks sportswear brand and sell its European operations in order to improve margins.

US: Crailar to blend with Lenzing fibres on new yarns Katie Smith | 11 May 12

Naturally Advanced Technologies (NAT), which produces and markets Crailar flax-based fibres, is teaming up with Austria-based Lenzing Group to look at potential new applications in fashion and sportswear.

US: Crailar Flax earns USDA Certified Biobased label Petah Marian | 23 Apr 12

Naturally Advanced Technologies Inc has been awarded the USDA Certified Biobased Product Label for its Crailar fibre, which is made from flax and other bast fibres.

In the money: Hanesbrands sees lingering apparel price inflation Leonie Barrie | 20 Apr 12

While still-high cotton costs weighed on first quarter profit at sock, T-shirt and underwear maker Hanesbrands Inc, the company still managed to beat forecasts and says it believes the worst of the cotton price inflation is now over.

US: Hanesbrands' Q1 losses better-than-expected Petah Marian | 20 Apr 12

Hanesbrands recorded a better than expected first-quarter net loss as the basic apparel brand increased prices to offset rising cotton costs.

US: Partex Apparel wins US$1.1m in Gear for Sports lawsuit Katie Smith | 11 Apr 12

El Salvador based manufacturer Partex Apparel International has been awarded US$1.1m, plus interest, from Gear for Sports which allegedly failed to pay for several shipments of sports apparel.

US: PVH Corp to evaluate Crailar fibre Leonie Barrie | 10 Apr 12

One of the largest global apparel companies with brands including Calvin Klein, Tommy Hilfiger, Van Heusen, Izod, Arrow and Bass, PVH Corp is to evaluate the use of the new Crailar fibre in its dress and sports shirt lines.

US: Crailar fibre edges closer to full phase production Leonie Barrie | 15 Mar 12

Naturally Advanced Technologies Inc, producer of the Crailar fibre made from flax and other bast fibres, is getting closer to its first full phase of production and says improvements in its cycle time open up new opportunities for third-party manufacturing.

In the money: HanesBrands hails success of price rises Petah Marian | 17 Feb 12

T-shirt and underwear maker HanesBrands says its decision to raise prices three times over the past year in response to rising input costs "worked well" in its core business, and that retailers "have come to appreciate that price increases are driving their comp sales and profitability."

US: HanesBrands reports 25% jump in FY profit Petah Marian | 16 Feb 12

Apparel group HanesBrands has reported a 25% jump in full-year profit, but admitted that sales softened during the fourth quarter.

US: NAT enters Tuscarora partnership to produce Crailar Flax Petah Marian | 31 Jan 12

Naturally Advanced Technologies has announced a partnership with Tuscarora Yarns to explore a range of blended yarns using Crailar Flax.

US: Hanesbrands in 48% Q3 profit surge Richard Woodard | 3 Nov 11

Strong profitability in its core business helped apparel group Hanesbrands to lift third quarter profits by nearly half, significantly outpacing the company’s 5% revenue growth.

US: HanesBrands names supply chain and IT leaders Leonie Barrie | 5 Oct 11

T-shirt and underwear maker HanesBrands has made a number of changes to its executive line-up, including the promotion of Gerald Evans Jr and William Nictakis as co-chief operating officers with joint responsibility for running all of the company's businesses, and Richard Moss as chief financial officer.

HONG KONG: Brilliant Global Knitwear to use Crailar fibre Leonie Barrie | 28 Sep 11

Hong Kong-based private label knitwear manufacturer Brilliant Global Ltd is to use the new cotton-like flax-based fibre Crailar in some of the items it produces for global brands.

just-style management briefing: The Sustainable Apparel Coalition's collective efforts Ben Cooper | 5 Aug 11

Over the past decade and more, industry associations and individual companies have launched numerous initiatives with the aim of addressing and reducing the environmental and social impacts of clothing manufacture. However, this year the clothing industry's collective effort witnessed what many hope will be a game-changing development with the formation of a new multi-stakeholder partnership.

As cotton costs cool will garment prices fall too? Leonie Barrie | 4 Aug 11

After more than a year grappling with soaring cotton costs, can apparel retailers, brands and manufacturers expect some relief now that prices are on a downward trajectory? Not according to industry executives, who suggest cotton is just one of a number of challenges faced by clothing companies when weighing up their pricing strategies for the year ahead.

Global news roundup Katie Smith | 1 Aug 11

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.

US: Price rises help HanesBrands top Q2 forecasts just-style.com | 20 Jul 11

Strong growth in its outerwear and international business has helped HanesBrands to a 1.6% rise in second quarter profit, with product price rises helping the T-shirt and underwear maker offset higher input costs.

US: Anvil Knitwear fills top marketing post just-style.com | 8 Jul 11

Sportswear maker Anvil Knitwear has tapped former Iconix Brand and Nike executive Heather Stefani as its new executive vice president of marketing.

US: Nanotech coatings “gaining in popularity” just-style.com | 6 Jul 11

Energy-saving protective coatings developed by nanoscience specialist Industrial Nanotech are gaining in popularity among the textile industry, according to the company.

US: Hanesbrands CFO steps down just-style.com | 13 May 11

US apparel firm Hanesbrands has announced the resignation of chief financial officer (CFO), Lee Wyatt effective 30 June.







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