Top stories this week on just-style include Walmart’s plans to launch a dedicated online Lord & Taylor flagship store, a US$457m investment into Bangladesh’s garment sector by the World Bank, trade ministers from 11 Trans-Pacific Partnership nations agree on core elements of the new trade pact, and global lifestyle retailer Cath Kidston overhauls its online and mobile shopping experience.
Walmart to launch Lord & Taylor flagship online store
As part of its plans to deliver luxury fashion, US retail giant Walmart is to launch a dedicated online Lord & Taylor flagship store next year, offering premium fashion brands to its customers.
World Bank invests $457m in Bangladesh garment sector
The Government of Bangladesh has signed two financing agreements totalling US$457m with the World Bank to help develop private sector-led infrastructure projects, as well as diversify exports in labour-intensive industries such as leather goods and footwear.
Chinese textile giant Wuxi investing in Ethiopia
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By GlobalDataChinese textile giant, Wuxi No.1 Cotton Mill, has signed an investment agreement with the Ethiopian Government to build an integrated textile plant in the country in a move that could create significant linkages in the African nation’s fast-growing textile and clothing industry.
TPP11 nations move trade pact forward with new name
Trade ministers from 11 Trans-Pacific Partnership nations have agreed on core elements of the new trade pact that is moving forward despite the absence of the US from the agreement.
Cath Kidston overhauls web and mobile to boost online sales
Global lifestyle retailer Cath Kidston has announced an overhaul of its online and mobile shopping experience in a bid to make it easier for customers to search for and buy products using any device and boost online sales growth.