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Apparel

VF Corp withdraws annual forecasts on slowing demand for higher-priced apparel

October 30, 2023October 30, 2023
Vf corp withdraws annual forecasts on slowing demand for higher-priced apparel - photo licensed by shore news network.

(Reuters) – VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn …

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Sycamore to take apparel retailer Chico’s FAS private for nearly $1 billion

September 28, 2023September 28, 2023

By Savyata Mishra (Reuters) -Chico’s FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on …

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Sri Lanka apparel exports to drop by $1 billion in 2023-trade body

May 3, 2023
Sri lanka apparel exports to drop by $1 billion in 2023-trade body - photo licensed by shore news network.

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s apparel export earnings could slump by $1 billion this year, a top industry expert said on Wednesday, …

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U.S. Attorney Announces $1.3 Million Settlement Of Civil Fraud Lawsuit Against Apparel Importer For Underreporting Value Of Goods To Avoid Paying Customs Duties

February 1, 2023

Damian Williams, the United States Attorney for the Southern District of New York, Ivan J. Arvelo, the Special Agent-in-Charge of the New York Field Office …

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India’s Nykaa and Dubai’s Apparel Group forge Gulf alliance

October 6, 2022October 6, 2022
India's nykaa and dubai's apparel group forge gulf alliance - photo licensed by shore news network.

NEW DELHI (Reuters) -Indian cosmetics and fashion retailer Nykaa and Dubai-based lifestyle and fashion conglomerate Apparel Group have struck an alliance to expand in the …

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Peloton loses lawsuit against Lululemon over new apparel line

September 29, 2022
Peloton loses lawsuit against lululemon over new apparel line - photo licensed by shore news network.

By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Thursday dismissed Peloton Interactive Inc’s lawsuit seeking a declaration it did not infringe Lululemon …

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U.S. Attorney Announces $3.64 Million Settlement Of Civil Fraud Lawsuit Against Menswear Company And Its Manager For Underpaying Customs Duties Owed On Apparel Imported Into The United States

August 12, 2022
U. S. Attorney announces $3. 64 million settlement of civil fraud lawsuit against menswear company and its manager for underpaying customs duties owed on apparel imported into the united states - photo licensed by shore news network.

Damian Williams, the United States Attorney for the Southern District of New York, AnnMarie Highsmith, Executive Assistant Commissioner for U.S. Customs and Border Protection’s (“CBP”) …

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In Less than 24 Hours CBP Officers in Louisville Intercept $3.65M in Counterfeit Designer Apparel & Unapproved Medication

May 19, 2022
In less than 24 hours cbp officers in louisville intercept $3. 65m in counterfeit designer apparel & unapproved medication - photo licensed by shore news network.

LOUISVILLE, Ky— In 24 hours, U.S. Customs and Border Protection (CBP) officers in Louisville have seized a myriad of items: counterfeit driver’s licenses, counterfeit Apple …

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Trek Bicycle Launches its First Cycling Apparel Line that Contains More Sustainably Sourced Materials

April 11, 2022
Trek bicycle launches its first cycling apparel line that contains more sustainably sourced materials - photo licensed by shore news network.

As part of a greater effort to reduce its environmental footprint, Trek’s new line of jerseys, shorts and socks contains recycled fiber and diverts 40 …

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Convicted Felon Sentenced To 25 Years in Prison for Armed Robberies of Two Banks and Minneapolis Apparel Store

March 16, 2022
Convicted felon sentenced to 25 years in prison for armed robberies of two banks and minneapolis apparel store - photo licensed by shore news network.

ST. PAUL, Minn. – A Minneapolis man has been sentenced to 300 months in prison followed by five years of supervised release for a Hobbs …

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Sri Lanka’s apparel sector struggles with rolling power cuts

March 4, 2022
Sri lanka's apparel sector struggles with rolling power cuts - photo licensed by shore news network.

By Uditha Jayasinghe COLOMBO – Indika Prasanna Kumara ventures out every afternoon to try to find 200 litres of diesel for the Broadway Kids apparel …

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Sports apparel firm Fanatics buys Mitchell & Ness with Jay-Z, other celebrities

February 18, 2022
Sports apparel firm fanatics buys mitchell & ness with jay-z, other celebrities - photo licensed by shore news network.

– U.S. sports merchandise retailer Fanatics said on Friday it had acquired 118-year-old Mitchell & Ness, known for its jersey replicas and streetwear, along with …

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Outdoor Apparel Company Owner Guilty of Violating National Forest Service Regulations as part of Marketing Campaign

October 25, 2021
Outdoor apparel company owner guilty of violating national forest service regulations as part of marketing campaign - photo licensed by shore news network.

GRAND JUNCTION – David Lesh was found guilty of violating National Forest Service regulations for snowmobiling at Keystone Resort, which was closed in April 2020.  …

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