With cheap labour, investment incentives and unrestricted exports, one Chinese textile group has turned to Egypt as an ideal location to produce its ready-made garments, beating stiff competition at home.
Sri Lanka delivered its formal response to a European Union probe that found it in breach of international human rights laws and said it was hopeful of retaining a lucrative trade concession with the bloc.
Phillips-Van Heusen Corp, a clothing manufacturer that owns the Calvin Klein brand, said its Izod brand will sponsor the IndyCar Series, marking the open-wheel racing sport's first title sponsor since 2001.
Under Armour Inc signed a multiyear deal with a top mixed martial arts fighter to endorse its underwear and other products, moving the athletic clothing and shoe maker into one of the world's fastest growing sports.
U.S. shoe and clothing maker Kenneth Cole Productions Inc posted a surprise quarterly profit, helped by effective inventory controls and lower costs, but forecast fourth-quarter results below market expectations.