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Apparel companies squeezed by higher costs
CTV
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High raw material costs continued to hit clothing companies, leading Polo Ralph Lauren Corp. to forecast weak margins for the year, sending its shares down as much as 9 per cent. Rising costs of raw materials like cotton, used extensively for making clothes like jeans and T-shirts, have dented margins at most apparel companies, including at American Eagle Outfitters Inc., which also reported results earlier in the day.
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Check out the Textile Center
ITMA
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The Textile Center in Belmont, N.C. serves its clients in several ways: With educational
training seminars, product testing and extensive product development in support of new
innovation. To use a simile, the Center is like the artists studio where new ideas are
transformed into tangible materials for evaluation and demonstration.
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The ups and downs of wool and cotton
Textile World
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Merino wool production is on the decline, cotton growing is on the rise, and prices for both are at a high. With cotton bringing in greater revenues, farmers are switching from planting corn and other food crops to planting more cotton. And there is a shift in farm location. Today, Texas is the largest cotton-producing state in the nation.
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Rising raw prices to hurt luxury margins
Reuters
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Record high prices for raw materials such as gold, silver, diamonds, leather and cashmere will squeeze the margins of luxury goods makers this year because
price increases will only absorb part of the hit.
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Effort to fight duty evasion gains steam
Furniture Today
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Companies thinking they can skirt antidumping duty laws should be forewarned: There is a growing momentum in Congress to improve upon and better enforce duty collection not just on wooden bedroom furniture from China, but also in other industries where duties are applied, ranging from nail production to shrimp harvesting.
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Top 5 tips for women small business owners
Forbes (blog)
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Women-owned firms account for 40 percent of all privately held firms, employ more than 13 million people and generate $1.9 trillion in sales, according to
the National Association for Women Business Owners. However, most of these businesses (97 percent) have revenues below the million-dollar mark.
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Stylizing online shopping for consumers
California Apparel News
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Innovative shopping websites are becoming the new frontier in retailing. That is illustrated by StyleSpot, a website adding a new spin to online retailing by merging the worlds of fashion editorial and shopping.
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How businesses can keep it real on Facebook
Portfolio
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Offering genuine and straightforward content on a Facebook page is the best way for small businesses to use the social networking site to promote themselves, Facebook's director of its local division
says.
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Paying the price for customer service
Technorati
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During the recession, shortsighted businesses competed on price rather than level of customer service. It turns out that the consumer noticed and in big numbers is reacting now by taking his or her business elsewhere.
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Orders for durable goods fell in April
Floor Daily
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New orders for manufactured durable goods decreased by 3.6 percent, or $7.1 billion, in April, the U.S. Census Bureau announced.
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Flax unshackled
Textile World
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The recent runup in cotton prices has opened up opportunities to promote other natural fibers for various textile and apparel uses. Naturally Advanced
Technologies Inc. of Vancouver, Canada, provider of CRAiLAR© enzymatic technology for processing bast fibers, is cultivating fiber flax on 300-plus acres in Kingstree, S.C. — with 15,000 additional acres to be planted in Maine or Michigan by year end as well as 5,000 test acres this summer.
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Profitable categories for $50, Alex
Casual Living (blog)
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Outdoor heating and cooling is not a new category. Gas operated heaters have been around long enough that warehouse stores are selling them. Fans, particularly shop blowers, aren't new either. When our
customer comes to us to buy in this category, their expectations are to find something exciting and different.
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High contrast
California Apparel News (subscription required)
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Color blocking, bright red palettes and graphic black-and-white patterns are just a few of the trends that walked the runway at Los Angeles Fashion Week. Designers looked to contrasting design elements and surface treatments-think metallics and fur-to add a stylish touch to the season.
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Floral prints are one of summer's trends
Austin Examiner
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Floral prints have not been leading the trendy pack for the past few years. However, do note that this year floral prints must be a staple in your summer wardrobe to reveal the fashionista in you. The
feminine, floral prints pranced on high fashion runways this season in the form of dresses, pants, blouses, etc. These looks are desirable but not easily attainable.
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