Shanghai's Intertextile, Yarn Expo and Chic trade events showed the local textile industry is shifting towards sustainable materials, as it strives to respond to the Chinese millennials’ new expectations.
The Americans jeans maker said on Monday it expects to raise as much as $587 million through an initial public offering, giving it a value of up to $6.17 billion as it returns to the market after three decades.
The US fashion retailer reported mixed fourth-quarter results on Wednesday, posting higher-than-expected earnings, while, despite strong growth at its Aerie brand, revenues came in under Wall Street estimates.
American Eagle Outfitters will open 25 stores across India in the coming three years with six to nine store openings planned by the end of 2018. Upcoming locations include Hyderabad, Chennai, Pune, Mumbai, and Delhi.