The Chinese fashion firm set out to create a global luxury clothing empire, but has struggled under the weight of its debt and its financial difficulties worsened with Covid-19
Lao Garment Association says greatest need is in special economic zones, while factories in Vientiane have also reported shortages
Shein had revived plans to list in New York this year and its founder was considering bypassing proposed tougher rules for offshore IPOs in China
The company's direct-to-consumer sales in China rose 35% in the third quarter, compared with an 85.9% jump in the second quarter
Fresh pandemic restrictions and store closures late last year in Asian countries, including China, took a toll on many US apparel makers
Fashion chain said pre-tax profits rose 64% to $640 million in the three months to the end of November compared with pandemic-hit 2020
The debut follows the official launch of Scotch & Soda’s first digital store on Tmall in China last autumn
A shift to casual clothing during the coronavirus pandemic has boosted demand for Levi’s jeans, including newer styles with a looser fit
The Singapore-based brand has plans to cement itself as a label dedicated to Asian women anywhere, chief executive Dione Song said
Chief executive Daniel Grieder, who is aiming to double sales to 4 billion euros a year by 2025, said disruptions were creating “unbelievable challenges”
World Co will locate most of its high-end clothing production in Japan within three to five years
Reasons for growth include depreciation of the rupee and greater demand from the international market, according to commerce ministry