For the first quarter of fiscal 2014, Guess has reported adjusted EPS of 0.14 dollars compared to 0.30 dollar in the first quarter of fiscal 2013. It witnessed a revenue decrease of 5 percent to 549 million dollars. Company has provided Q2 fiscal 2014 EPS guidance in the range of 0.34 dollars to 0.38 dollar and has maintained full year fiscal 2014 EPS guidance in the range of 1.70 dollars to 1.90 dollars. Asian revenues increased 10 percent in US dollars and 8 percent in constant dollars. North

ool girls rejoice! Alexanderwang.com will finally ship to Canada. After years of ogling those smooth black backdrops and pages and pages of covetable bags, shoes, and ready-to-wear, you’ll now be able to click, order and ship direct from the Alexander Wang source. Launching on the first of July (Happy Canada Day!), we will not only gain access to the whole Pre-Fall 2013 collection, but also Alexander Wang retail exclusives and the personal lifestyle collection from OBJECTS N.3. With the influx

“Very grateful” are the words Hollywood’s leading lady Angelia Jolie used to describe how she was feeling during her first red carpet appearance since undergoing a widely publicized double-mastectomy. The brunette beauty, who announced the news of her preventative procedures to the New York Times on May 14th, described her happiness in seeing the discussion about women’s health expanded since sharing her story. The news has made waves all over the world, encouraging women everywhere to consider

The Japan Chemical Fibers Association reported that the nation’s production of man-made fibers in April 2013 decreased by 1.1% from the same month of last year to 82,854 tons. Of this, synthetic fibers declined by 0.6% to 69,623 tons. Among major items, the production of nylon filament decreased by 3.8% to 8,024 tons, along with that of polyester filament by 6.4% to 13,860 tons and polyester staple fiber by 0.5% to 11,781 tons. Meanwhile, acrylic staple fiber production rose by 0.03% to 12,629

Australia saw its highest-ever production of cotton over the 2011-12 season and generally strong agricultural results across the board, China's Xinhua news agency said quoting a report from the Australian Bureau of Statistics (ABS) said Friday. The 2011-12 Agricultural Resource Management Survey (ARMS) produced data for a range of agricultural commodity items, including broadacre cropping, horticultural production, livestock production, industry activity and land use management. According to

Chinese entrepreneurs examined a plot near Burgas to build a textile factory and a showroom. The investors from the Chinese city Shaosin, Zhejiang province, also showed an interest in renting a space in the Industrial and Logistics Park Burgas and High Technology Park Balgarovo. Burgas has the potential and ability to become a large manufacturing and transit center of Chinese textiles to Europe, mayor Dimitar Nikolov said. Shaosin is home to nearly 5 million inhabitants. The city is one of the

As the world's biggest consumer of the fiber, China played a supporting role in the cotton market last year, buying bales and putting them into storage. Its purchases of U.S. cotton have helped boost prices 13% during the current season, which will end on July 31. But next season, China is expected to import 34% less cotton, and Chinese domestic use of the fiber should be flat, according to the Agriculture Department. This stagnant consumption will likely weigh on futures prices through the en

The production of cotton in Sindh scaled up notably by 725,468 million bales (a bale: 155 kilograms), or 27 percent, to 3.4 million bales in the current fiscal year 2013 from 2.68 million bales produced in the previous fiscal 2012 due to increasing use of Bacillus thuringiensis (Bt) seeds, a grower said on Friday. “The use of Bt cotton seeds helped the province to produce higher quantity of cotton this year,” said Ramzan Chandio, a cotton grower in Mirpur Khas. An official at the Sindh agric

In a bid to help sheep farmers get a market for their wool and woollen products, Minister for Textiles Baburao Chinchanasur on Saturday said wool mills will be set up near the proposed Textiles Park at Yadgir. Speaking to presspersons, the Minister said the State had a sheep population of one crore, but farmers, who extract wool were discarding it as there was no demand for handmade blankets. The mills would be set up on a 100-acre plot with an investment of Rs. 200 crore adjacent to the prop

The profit of textile companies have grown to Rs 8.9 billion in third quarter of fiscal year 2012-13, depicting growth of 7 per cent quarterly and 180 per cent annually. Cumulatively, textile profits have reached Rs 23 billion in 9MFY13 versus Rs 4.5 billion in the same period last year. According to industry, the upward trajectory of profits is also because of cheaper financing and continuous Pak rupee depreciation in addition to firm cotton prices and strong regional demand. With the continu