Industry News

Truworths cautious despite strong sales

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Strong sales lifted Truworths’ earnings for the 26 weeks to December, but its cautious view on the months ahead suggests it may not improve on this performance.
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Launch of new clothing industry body

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United Clothing and Textiles Association to find an equable and sustainable solution to the current “Phase-in Compliance Policy”
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Edcon Q3 earnings up slightly

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According to a report by Annaleigh Vallie and Michael Bleby in today's Business Day newspaper, Edcon's earnings rise.
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Anvil Knitwear joins Cotton made in Africa initiative

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Partnership to expand the Cotton made in Africa demand alliance
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Elle changes hands

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Hearst buys Elle for reputed €661m; the deal will affect the publication around the world, but not the South African title that is under license to Avusa.
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