The US$220m deal will allow PVH to focus on its global growth brands Calvin Klein and Tommy Hilfiger.
Spanish clothing brand Mango is investing EUR35m (US$41.8m) into its logistics centre in Lliçà d'Amunt, Barcelona, in a move that will allow the company to reduce the cost of preparing online orders by 25%.
Italian cashmere yarn producer Filati Biagioli Modesto has been acquired by luxury fashion houses Prada Group and Ermenegildo Zegna Group, in a move aimed at safeguarding the domestic supply chain.
Mexican footwear firm Grupo Flexi has invested in a new Product Lifecycle Management (PLM) solution to provide greater visibility and transparency – helping increase speed to market.
The US Cotton Trust Protocol has welcomed Gildan Activewear and its portfolio of company-owned brands, including Gildan, Alstyle, American Apparel, and Comfort Colors, as members.