Industry News

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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Mauritius' Textile Sector to Recover in 2011

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According to a Reuters Africa report today, Mauritius' textile sector, which supplies the top European chains, expects growth of more than 2% in 2011 helped by stabilisation in its traditional markets and diversification into new ones.
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Last chance for clothing plants

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Clothing manufacturers who do not phase in minimum wages over the next 16 months will be closed.
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