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Timex Sri Lanka replaces SAP with WFX Cloud ERP for digital upgrade

Timex Garments adopts WFX ERP for specialised, cloud-based digital transformation, enhancing efficiency. Replacing SAP with WFX, Timex gains industry-specific solutions with WFX ERP for garment manufacturing. New WFX ERP ensures Timex Garments remains innovative and responsive to market changes. This shift will enable Timex to improve operational efficiency.




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France’s Lectra launches AI-powered platform Valia Fashion

Lectra has launched Valia Fashion, an AI-powered digital platform that streamlines apparel production, from order processing to fabric cutting. Designed for Industry 4.0, it improves collaboration, automates workflows, and optimises material use. Valia Fashion helps brands, manufacturers, and subcontractors enhance agility, control costs, and meet sustainability goals.




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Vizoo, Makalot share best practices on material digitisation, DPC tech

Makalot made early investments on innovations in Digital Product Creation (DPC) beginning in 2006 that yield fruit today through lead time reduction, improved operational efficiency, and supply chain resilience. By integrating Vizoo’s material scanning and other DPC technologies, Makalot minimizes physical sampling and waste, contributing to a more sustainable apparel production model.




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Boost apparel profits: Smart Fabric Management webinar

Coats Digital, in partnership with Fibre2Fashion, is hosting a webinar on November 14, 2024, titled ‘Reduce Waste and Elevate Profitability with Smart Fabric Management’. As fabric accounts for up to 60 per cent of production costs, the session will showcase FastReactFabric, a solution designed to streamline operations, reduce costs, and optimise fabric usage.




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Thai company Pilot Knit adopts Coats Digital’s FastReactPlan

Coats Digital has announced that Thailand's Pilot Knit Garment has adopted its FastReactPlan solution to transform manual planning processes, improve efficiencies, and reduce lead times. This integration enhances visibility, streamlines production, and supports future growth for the sportswear manufacturer, part of the Yong Udom Textile Group.




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Fast Track Sourcing announces partnership with Germany’s Vizoo

Fast Track Sourcing (FTS) has partnered with Vizoo GmbH to enhance apparel design and development using 3D technology and fabric digitisation. FTS integrates virtual 3D design into its process, boosting efficiency and sustainability. This partnership helps FTS create high-quality, innovative collections while maintaining top standards in garment production.




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Fashion Dot showcases innovative tailoring CAD software at GTE 2024

Fashion Dot showcased its advanced tailoring CAD software and laser cutting machines at GTE 2024. These machines allow tailors to input measurements and auto-generate cutting diagrams, improving accuracy, reducing costs, and eliminating manual work. The company offers customer support and regularly updates its software to include new garment models.




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US’ Ralph Lauren’s Q2 earnings exceed projections; raises FY25 outlook

Ralph Lauren Corporation reported Q2 FY25 earnings per diluted share of $2.31, up 5 per cent YoY on a reported basis, and $2.54 adjusted, a 21 per cent increase. Net revenue rose 6 per cent to $1.7 billion, while gross profit reached $1.2 billion with a margin of 67.0 per cent. Regional revenues grew, driven by strong results in Asia, Europe, and North America.




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UK’s Burberry welcomes back Paul Price in expanded leadership role

Paul Price, former Burberry chief merchandising officer, returns to lead merchandising, planning, licensing, architecture, and showroom teams, starting December 9, 2024. Reporting to CEO Joshua Schulman, he joins Burberry’s executive committee. Price, praised for his past contributions, expressed excitement to drive Burberry’s next phase of growth.




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Germany’s Adidas & Moon Boot launch first-ever winter collection

Adidas Sportswear debuts its first brand collaboration with Moon Boot, blending street style with ski heritage for urban winter wear. Showcased by Lena Mahfouf and BABYMONSTER, the collection features activewear, snow boots with BOOST cushioning, and a Collegiate Jacket. Made partly from recycled materials, the range embodies functional fashion for colder months.




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Richemont's H1 sales hold steady, operating profit drops 17%

Richemont reported resilient performance for H1, with sales reaching €10.1 billion (~$10.89 billion), a 1 per cent decline at actual exchange rates but stable at constant rates. Operating profit dropped 17 per cent to €2.2 billion, impacted by foreign exchange issues and reduced activity in Asia Pacific, particularly China. Direct-to-client sales comprised 76 per cent of total sales.




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Finland’s Marimekko’s Q3 2024 sales decline slightly to $50.48 mn

Marimekko has reported net sales of €47.2 million (~$50.48 million) in Q3 2024, down 1 per cent YoY, impacted by reduced wholesale sales in Finland but offset by a 9 per cent rise in international sales. Operating profit fell 14 per cent to €11.1 million (~$12.1 million). Retail sales showed strong growth, with a 12 per cent increase overall and 8 per cent in Finland.




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US’ Capri Holdings’ Q2 FY25 revenue drops 16.4% to $1.08 billion

Capri Holdings has reported Q2 FY25 revenue of $1.08 billion, a 16.4 per cent YoY decline. Gross profit reached $694 million with a margin of 64.3 per cent. Versace, Jimmy Choo, and Michael Kors saw mixed results, with sales declines for Versace and Kors but slight growth for Jimmy Choo. Net income was $24 million, down from $90 million YoY.




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Canada Goose Q2 shows steady progress despite challenging environment

Canada Goose has reported a 5 per cent YoY revenue drop to CAD $267.8 million (~$192.43 million) in Q2 FY25. Direct-to-consumer revenue declined 5 per cent, and wholesale revenue decreased 15 per cent due to planned inventory adjustments. Gross margin fell to 61.3 per cent. Revised FY25 guidance forecasts a slight revenue change, with adjusted EBIT margin at -60 to +60 basis points.




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67% see vivid prospects in Indian fashion in 2025: McKinsey-BoF report

Leading global fashion brands are looking to Asian markets beyond China, with 67 per cent of respondent fashion executives citing promising growth prospects in India in 2025, The State of Fashion 2025 report says. Japan’s luxury boom will likely continue into 2025. But next year will be turbulent for global fashion and a deep sense of uncertainty persists amongst fashion industry executives.




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Cambodia’s apparel exports to Europe hit $2.29 bn, 30% of total

Cambodia’s apparel exports reached $2,285 million in the first three quarters of 2024, representing 30.19 per cent of total exports. Europe, the second-largest market, saw a decline compared to $2.82 billion in the same period in 2023. North America was the top market with 42.18 per cent. Total apparel exports were $11.26 billion in 2023, with Europe’s share fluctuating over recent years.




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Mixed trends in north Indian cotton yarn market, prices drop in Delhi

Cotton yarn prices in north India showed mixed trends due to sluggish demand. Prices in Delhi fell by ₹2 per kg, while Ludhiana remained stable amid slow trading. Panipat saw stable recycled yarn prices but a slight increase in recycled polyester fibre costs due to higher PET bottle prices. Cotton arrivals were slow as farmers prioritised paddy sales, limiting price surges.




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Cotton yarn prices steady in south India; Mumbai faces trading slump

Cotton yarn prices in south India remained steady, with limited trading in Mumbai due to post-festival worker shortages and better but cautious activity in Tiruppur. Buyers are focusing on immediate needs, anticipating peak cotton arrivals, which may lower prices. In Gujarat, cotton prices rose due to increased demand from ginners and mills despite limited seed cotton arrivals.




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Australia's apparel imports rise, fibre exports decline in Jul-Sept 24

Australia's apparel and clothing imports rose 3.43 per cent YoY to $3.368 billion in July-September 2024, despite a slight drop in September. Imports of textile yarn and related articles also increased by 4.11 per cent, while fibre imports fell 6.06 per cent. Exports of textile fibres saw a 7.69 per cent decline, continuing a downward trend from the previous fiscal year.




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Best No-Code LLM App Builders

Build an LLM application by easily picking and dropping components and connecting them, such as a vector store, web search, memory, and custom prompt.




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Navigating AI Regulation: Balancing Innovation and Protection

In this article, we will learn how to navigate the fine balance building AI regulation while simultaneously fostering innovation.




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5 No-Cost Learning Resources for LLM Agents

Curious about LLM agents? Here’s a list of free courses, guides, and blogs that make it easy to start learning and stay updated.




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Roadmap for Becoming a Data Scientist

From learning Python to creating analytical reports, learn about ten easy steps to become a data scientist.




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Interested in Learning How to Code?

Continue reading to learn about some beginner-friendly courses to kickstart your coding career.




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How to Implement a Basic Reranking System in RAG

A practical guide to easily implement a reranker capable of putting together multiple document scoring criteria in RAG systems




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How to Become a Software Engineer (Without a Degree)

The fastest and simplest route to becoming a software engineer with little cost.




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6 Shocking Ways Your House is Making You Sick

Changing seasons are hard on the body, especially when your immune system is not at its best. But, did you know that your house is making you sick? The dust mites, mold, cockroaches and pollens could be the foremost reasons for your headaches, congestion, sinus and even mental health.The interesting part is that these culprits continue staying in your house making you sick long after the allergy season is over. The situation can worsen to trigger allergic asthma.




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Role of Collagen in Anti-Aging Skin Care

It is the most abundant protein in the body! The collagen is found in the dermis layer of the skin which is the second layer of the skin and is responsible for the plumpness, strength and hydration of the skin. It is a group of proteins in fact which provides the tensile strength to the skin. It is said that collagen in the skin is more strong than steel.




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The Magic Number: Decoding Fidelity's 45% Retirement Strategy




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AbbVie's Schizophrenia Failure Disappoints But Analysts Show Confidence In Immunology Portfolio




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Bitcoin Rally Cools After Jump of About 30% Since Trump Victory




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Why Were Dividend King Stocks Coca-Cola, PepsiCo, and Procter & Gamble Falling After the Election?




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1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst




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US to award Akash Systems up to $18.2 million for chips production




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These Stocks Are Moving the Most Today: Tesla, Rivian, Spirit Airlines, Spotify, Cava, Rocket Lab, and More




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1 Key Reason Palantir Stock Has the Potential to Be the "Next Nvidia Stock"




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Nvidia Stock Slips. SoftBank Deal Tells Us This About Its AI Chips.




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Should You Buy Nvidia Stock Before Nov. 20? History Says This Will Happen.




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Buffett’s Berkshire Is Being Packaged Into a Leveraged ETF




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Novavax stock plunges after quarterly earnings, but company sees hope in licensing deals




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Inside VW and Rivian’s $5.8 Billion Bet to Rescue Each Other




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Goldman Sachs Says Improving Growth Could Propel These 2 Stocks Higher




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Market has 'room to run' but that doesn’t mean buy more stocks: Bridgewater co-CIO




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Tesla Stock Rises. Elon Musk Will Lead New Government Department for Trump.




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3 Growth Stocks Wall Street Might Be Sleeping On, But I'm Not




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These Unstoppable Dividend Stocks Treat Their Investors Like Royalty




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SpaceX Competitor Set For Take Off On Earnings Beat, 55% Sales Spike




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11 stocks that are soaring after Trump's election win — and why they're up




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Super Micro Needs a New Auditor by This Weekend. Its Options Are Limited.




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US Supreme Court to hear Nvidia bid to avoid securities fraud suit