World news about “Textile industry” published by euronews.
As workers die, holding multinationals to account There has been plenty of soul searching and remorse in the wake of last month’s deadly tradegy at a Bangladesh clothing factory, but will there be any real… 23/05/2013
Death toll from Bangladesh disaster climbs The death toll from the collapse of a factory in Bangladesh has climbed to over 1,000. It is believed that more bodies might still be trapped two weeks after… 10/05/2013
Bangladesh death toll spirals above 600 The number killed in Bangladesh’s worst -ever industrial disaster now stands at over 600, and with hundreds more still missing over a thousand dead is a… 05/05/2013
ILO pushes Bangladesh to improve work safety standards The International Labour Organisation (ILO) has called on Bangladesh to act quickly to improve its work safety laws — in the wake of the April 24 factory… 03/05/2013
Death toll tops 500 in Bangladesh factory disaster More than 500 people are now known to have died in the Bangladeshi garment factory collapse, and scores are still missing nine days after the… 03/05/2013
Bangladesh workers dying for lack of responsible regulation The Bangladesh garment building disaster prompted some western clothing brands that were having items made there to promise financial compensation for the… 02/05/2013
H&M sales shrink, shares rise H&M, the world’s second biggest clothing retailer, saw its shares risk on Tuesday, even as it posted a slight fall in like-for-like sales in December. To… 15/01/2013
H&M loses sales mojo Investors are disappointed with clothing giant H&M’s October sales, which were unexpectedly low. Sales took a 5% hit compared to October last year. Total… 15/11/2012
H&M pockets disappointing profits Sweden’s H&M missed the profit forecasts for its fiscal third quarter even though the world’s second-biggest clothing retailer slightly improved its quarterly… 27/09/2012
Inditex profit up on internet and emerging markets Inditex, the world’s largest clothing retailer, posted profits in the first half of the year that jumped by 32 percent. The owner of the Zara chain said it… 19/09/2012
Heatwave chills H&M’s sales Swedish clothing chain H&M has suffered in the August heatwave. Sales are down by four percent at the world’s second-biggest fashion retailer, and in the… 17/09/2012
Austerity helps budget focused H&M grow Hennes & Mauritz said its sales rose in June – up three percent from the same month last year on a direct comparison of stores. The Swedish budget fashion… 16/07/2012
Share boost for world’s largest clothing retailer Nothing stops Spain’s Inditex, not even the crisis. The brilliant quarterly results of Zara and Massimo Dutti’s owner have boosted its share price by 11.5%… 13/06/2012
Zara profits soar amid the gloom The global economic doom and gloom does not appear to be affecting the Spanish owners of Zara. Inditex, the world’s largest clothing retailer has exceeded… 13/06/2012
Adidas results delight markets On a day when stocks fell throughout Europe Adidas’ over five percent jump in value bolstered the overall market, saw the company hit a new record high, and… 30/04/2012
Struggling Benetton gets a new boss Luciano Benetton has handed over the helm of the Italian fashion clothing company he helped found to his son Alessandro. The younger Benetton – who is… 24/04/2012
March heatwave springs H&M sales Warm weather in March proved to be a money spinner for the Swedish budget clothing chain H&M, recording its biggest monthly rise in sales for five… 16/04/2012
Cotton costs hit H&M profit Sweden’s Hennes & Mauritz is blaming higher cotton prices in part for its smaller-than-expected rise in quarterly earnings. The world’s second-largest… 29/03/2012
Portuguese research brings solar power to fabrics Picture a world where your jeans or coat can generate enough energy to charge the battery on your mobile phone or a future where the curtains in your living… 03/01/2012
Higher costs squeeze HM profits Sweden’s Hennes and Mauritz has posted a slightly bigger than expected fall in quarterly pretax profit amid what it calls challenging market conditions. The… 22/06/2011
Back in the Day: beginnings of the blue jeanMay 20, 1873. Clothing merchant Levi Strauss and tailor Jacob Davis receive a US patent for an ‘Improvement in Fastening Pocket Openings’ for trousers. Davis… 19/05/2011
Eastern promise on growth for Inditex Inditex, the world’s largest clothing retailer, enjoyed a jump in annual net profit of 32 percent to 1.73 billion euros. The owner of the Zara chain… 23/03/2011
Bangladesh blames sabotage for deadly factory fireA fire that killed 111 textile workers in Bangladesh has been declared as arson. More than 150 others were injured. For the second successive day thousands… 27/11/2012
Minister urges French to buy home madeWith France’s economy in the doldrums, the country’s Industry Minister, Arnaud Montebourg, has turned himself into a poster-boy for French products, appearing… 19/10/2012
Inditex confident on salesEurope’s biggest clothing retailer Inditex said it beat its net profit forecasts for the first nine months of the year helped by growth in Asia. The… 10/12/2009
Zara group doing better than hopedTighter management of costs and stocks as well as better than expected sales because of good weather during the summer helped Europe’s biggest clothing… 16/09/2009
