Apparels

Puma has appointed Markus Neubrand as chief financial officer (CFO) and management board member, effective October 1, 2024.
Neubrand, formerly CFO at GUESS? Inc, will oversee finance, investor relations, legal, IT, and business solutions.
He succeeds Hubert Hinterseher, who will step down on September 30 and leave the company on December 31, 2024 after a smooth transition.

Apparel industry of Turkiye has faced severe challenges due to soaring inflation, rising production costs, and currency devaluation.
Inflation effects on apparel industry resulted in weakening of the country’s export competitiveness.
Despite an export value recovery in 2021–2022, 2023 saw a decline, due to rising production costs in Turkiye and competitors like China and Bangladesh outpacing it.

The US imported $5.267 billion worth of shirts in the first seven months of 2024, with the average price dropping 10.53 per cent to $69.37 per dozen.
Import volumes also fell compared to previous years.
After a high of $9.078 billion in 2022, import values and prices have declined, indicating slower demand and margin pressure on exporters and manufacturers post-pandemic.

Zalando launches “Zalando Partner,” combining partner-facing services into one platform, improving access to wholesale, partner programmes, and logistics to boost partner success.
The rebranded Zalando Partner Marketing Services includes the Customer Journey Compass, a tool to optimise marketing strategies.
This feature will initially be available to select partners before a broader rollout.

Nigo collaborates with Nike for the first time, revamping the Air Force III and launching a curated apparel collection that blends streetwear, pop culture, and his personal influences.
The collection includes a varsity jacket, hoodie, and T-shirts with premium materials and custom details.
It debuts September 28 in Tokyo and New York, with a global release on October 4 via SNKRS and select retailers.

At GTE 2024, Brother India showcased its new flatbed and multi-needle machines tailored for small businesses, fashion students, and boutiques.
The machines, ideal for monogramming and custom designs, focus on versatility and precision.
Brother India emphasises superior quality, reliable service, and comprehensive customer training to enhance production capabilities.

Waleid Gamal El-Dien, chairman of SCZONE, met with Turkish companies in readymade garments and sportswear to explore investment opportunities in the Qantara West Industrial Zone.
El-Dien highlighted SCZONE’s strategic location, incentives, and logistical advantages.
The partnership has already yielded success with a $40 million garment factory project.

Zalando expands its Adaptive fashion range to include kids’ apparel, offering 29 pieces from its private label brands.
The collection includes T-shirts, trousers, jumpers and undergarments with adaptive features, designed based on feedback from parents and caregivers.
It has also collaborated with brands like Adidas and Skechers to offer adaptive sportswear, backpacks and slip-on sneakers.

Magpie Impex showcased its range of garment accessories at GTE 2024, Bangalore, focusing on fabrics, laces, elastics, and more, particularly for innerwear.
Owner Dr. Ankit Mehra emphasised the company’s commitment to quality, strong customer service, and adapting to fast-changing fashion trends by continually updating its product offerings.

Australia’s monthly CPI indicator rose by 2.7 per cent in the 12 months to August, down from a 3.5-per cent rise in the 12 months to July.
The indicator for clothing-footwear rose by 1.7 per cent in the 12 months to August, down from a 1.9-per cent rise in the 12 months to July.
The indicator for garments rose by 2.7 per cent in the period, down from a 3.1-per cent rise in the 12 months to July.