South African apparel giant Seardel to layoff workers Fibre2fashion.com Seardel Investment Corporation Ltd., the largest clothing and textile manufacturer in southern Africa, plans to retrench around 1500 workers at its Western Cape and KawZulu-Natal factories, in its effort to battle low margins.
Spanish apparel sector shifting base nearer home Fibre2fashion.com Spanish apparel firms have relocated about 15 percent of their manufacturing activity from China to Spain and other countries in the region, including Portugal, Morocco and some East European nations. Spanish companies have opted to shift their ...
Italian apparel brand Brunello Cucinelli files for IPO Fibre2fashion.com Brunello Cucinelli, the high-end Italian cashmere apparel brand, has filed a request with stock regulators in Milan to list one-third of the company's stocks through an initial public offering (IPO). The premium brand's sweaters have been worn by ...
Mother & child apparel brands debut in Saudi Arabia Fibre2fashion.com Three well-known mother and child apparel labels – Paris & Oliver, Noukie's and Forms – have debuted in the Kingdom of Saudi Arabia with launch of their outlets in Stars Avenue Mall in Jeddah. A fashion show was held as part of the inauguration of the ...
