Latest Apparel manufacturing News

CORRECTS DATE OF PHOTO TO AUG. 4, 2011, INTEAD OF SEPT. 11, 2001 - FILE - In this Aug. 4, 2011, file photo, a man passes a Brooks Brothers store on Church Street in New York's financial district. The 200-year-old fashion retailer that says it's put 40 U.S. presidents in its suits, is filing for bankruptcy protection on Wednesday, July 8, 2020. (AP Photo/Mark Lennihan, File)

Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt

Jul. 8, 2020 5:03 PM EDT

NEW YORK (AP) — Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, filed for bankruptcy protection Wednesday, the latest major clothing seller to be toppled by the coronavirus pandemic. Founded in New York in 1818, Brooks Brothers survived two world wars, the Great...

FILE - In this Nov. 29, 2019, file photo, Levi's jeans are displayed at a Kohl's store in Colma, Calif. Levi’s says it will cut 700 office jobs, or about 15% of its worldwide corporate workforce, as the jeans seller deals with a sharp drop in sales due to the coronavirus pandemic. (AP Photo/Jeff Chiu, File)

Levi's to cut 700 office jobs due to virus-related slump

Jul. 7, 2020 5:05 PM EDT

NEW YORK (AP) — Levi's said Tuesday that it will cut 700 office jobs, or about 15% of its worldwide corporate workforce, as it deals with a sharp drop in sales due to the coronavirus pandemic. The San Francisco-based jeans maker said the layoffs will save it about $100 million a year and won't affect...

FILE - In this June 10, 2020 file photo, Jovita Carranza, Administrator of the Small Business Administration, testifies during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, on Capitol Hill in Washington. The Treasury Department said it is releasing on Monday, July 6 the names of more than 700,000 companies that received funds from the government’s small business lending program, a massive effort intended to support the economy as states shut down in April to contain the viral outbreak.  (Kevin Dietsch/Pool via AP, File)

The Latest: Financial firms among big relief fund recipients

Jul. 6, 2020 5:59 PM EDT

NEW YORK (AP) — The Latest on the Treasury decision to identify hundreds of thousands of businesses that received funding through the Paycheck Protection Program, created to preserve jobs at smaller businesses during the coronavirus pandemic: ___ The financial services industry received roughly $27 billion...

FILE - This Feb. 20, 2020 file photo shows a Lululemon sign in Burlingame, Calif. Athletic apparel maker Lululemon Athletica Inc. said Monday, June 29, 2020 it's acquiring at-home exercise startup Mirror for $500 million. The deal is part of Lululemon's plan to expand beyond just selling yoga tights and other workout clothing. (AP Photo/Jeff Chiu, File)

Lululemon buys at-home exercise startup for $500 million

Jun. 29, 2020 7:34 PM EDT

NEW YORK (AP) — Athletic apparel maker Lululemon Athletica Inc. said Monday it's acquiring at-home exercise startup Mirror for $500 million. The deal is part of Lululemon's plan to expand beyond just selling yoga tights and other workout clothing. “The acquisition of Mirror is an exciting...

In this March 31, 2020 photo provided by Sean Giovanni, Benji Harris, an artist/songwriter and client executive for a company called Song Division, leads a virtual songwriting team building workshop for a corporate client at The Record Shop, a recording studio in Nashville, Tenn., owned by Sean Giovanni. Giovanni got an important lesson that will help his business long after the pandemic has subsided. The Record Shop doesn’t have to be limited to what it can produce onsite.  (Sean Giovanni via AP)

Pandemic gives businesses lessons in survival, innovation

Jun. 18, 2020 11:33 AM EDT

NEW YORK (AP) — When the coronavirus outbreak forced Sean Giovanni to shut down his recording studio in for two months, he dropped off mobile equipment at staffers’ and artists’ homes. He hoped remote recording would bring in some revenue. It did. Along with the income, Giovanni got an...