Apparel

According to the latest figures from the Thai Garment Manufacturer Association, more than 160 companies in Thailand's textile industry are reeling from widespread flooding which has crippled the country over the last few weeks.

About 22 textile companies and 142 garment companies have been hit by floods, the association's secretary general Yuttana Silpsarnvitch said. The floods have stopped 25 percent of the country's garment production, with some firms unable to continue because of the broken supply chain, he said.

"The government is now trying hard to contain the water flow and make it dry as soon as possible," Yuttana said.

The Image Forge, Greer, S.C., has been awarded an American Graphic Design Award in the Catalog category for their work on The Aprons, Etc. Idea Book 2011.

The National Cotton Council defended its farm bill reform ideas, which were presented to the supercommittee last week by the leaders of the House and Senate Agriculture committees.

The group said it understands the farm bill that is being developed behind closed doors will contain a subsidy program the NCC has designed, and that program will not balloon when commodity prices dip.

Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) and House Agriculture Committee Chairman Frank Lucas (R-Okla.) are putting the finishing touches on a farm bill proposal to shave $23 billion from the deficit over 10 years.

Los Angeles-based American Apparel announced Friday that acting president Tom Casey has resigned, just over a year after joining the company.

Broder Bros. Co. recently announced its third quarter results for its quarter ended September 24, 2011. The company also reaffirmed its Fiscal 2011 EBITDA guidance of $62 million to $65 million.

Third quarter 2011 net sales were $220.5 million compared to $210.7 million for the third quarter 2010. Income from operations for the third quarter 2011 was $12.7 million compared to $13.0 million for the third quarter 2010. Net income for the third quarter 2011 was $8.3 million, or $0.80 per diluted share, compared to $6.6 million, or $0.66 per diluted share, for the third quarter 2010.

Below are the top five companies in the apparel, accessories and luxury industry as measured by relative performance. This analysis was compiled based on Nov. 7's trading activity as we searched for stocks that have the potential to outperform. 

The fashion industry embraces the digital world. You can celebrate this and the holidays with promotional baked goods.

On the heels of signing new licensing partner Arizona State University and renewing contracts with 18 properties, IMG College's The Collegiate Licensing Company (CLC) today announced it has reached an exclusive agreement with Wake Forest University to manage its domestic U.S. trademark licensing program.

Alternative Apparel's runway presentation of "Oasis of Color" spring 2012 collection during LA Fashion Week, October 18, 2012. 

In a triumph for animal rights activists but a grand loss for high-end retailers, the West Hollywood city council voted 3 to 1 to pass the nation's first ban on fur sales.

It was the third time that the council had voted on the city ordinance, which expressly prohibits the sale of clothing and accessories made from the skin or pelt of animals with hair, wool or fur. The ban was originally approved unanimously in September, but needed modifications before it could come for a final vote.