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Swiss athletic and sportswear brand On has expanded its LightSpray technology with the launch of a second fully automated production facility near Busan, South Korea.
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With Sri Lanka’s total apparel exports still hovering around $5bn on average, amidst fluctuations in unit prices, the country needs to rethink strategy, leveraging newly-liberalised trade rules in the UK .
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Puma has delivered a sobering set of annual financial results with a €357.2m ($421.6m) loss and a 13% decline in sales to €7.3bn as management insists its turnaround plan is set to be a gamechanger.
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German online retailer Zalando has launched a pre-owned children’s fashion category, allowing parents in 14 European countries to purchase and trade in quality-checked, second-hand kids’ clothing for credit.
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Forecast-beating fourth-quarter (Q4) results were reported by TJX Companies, the parent company of TK Maxx and TJ Maxx, as underlying sales growth was "well above" the company's own forecasts.
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