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Clothing and Textiles  // Browsing posts in Clothing and Textiles

UPDATE: MANDELA FOUNDATION CLARIFIES MADIBA INSPIRED 466/64 CLOTHING BRAND

We have an update on a story we published earlier this week about the confusion arising between South Africa’s 466/64 Fashion line, which is launching in the U.S. and plans to stage a show at New York Fashion Week next month, and the Nelson Mandela Foundation. According to Erin Patton, CEO of Company B — […]

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TREASURY THROWS LIFELINE TO TEXTILE INDUSTRY

The National Treasury’s instruction issued yesterday ordering all government departments and state-owned enterprises to purchase their clothing, textile, footwear and leather from local manufacturers has been lauded as the panacea to save a textile industry that is teetering on the brink of collapse. The instruction note comes after the preferential procurement regulations pertaining to the […]

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TREASURY THROWS LIFELINE TO TEXTILE INDUSTRY

The National Treasury’s instruction issued yesterday ordering all government departments and state-owned enterprises to purchase their clothing, textile, footwear and leather from local manufacturers has been lauded as the panacea to save a textile industry that is teetering on the brink of collapse. The instruction note comes after the preferential procurement regulations pertaining to the […]

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21 Jun 2012 Clothing and Textiles

MADIBA COOL: 46664 FASHION GOES GLOBAL

Nelson Mandela’s birthday will be a fashionable affair as clothing brand 46664, named for his Robben Island prison number, launches globally. On Madiba Day, July 18, the brand will roll out its first international collection of men’s, women’s and children’s wear in the US. Items will be available only online at first, but it is […]

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46664 FASHION BRAND TO BE LAUNCHED IN THE US ON MANDELA DAY

46664 Fashion’s promise to be a global brand, firmly rooted in Africa, is becoming a reality in 2012 with the announcement and signing of the brand’s first international partnership. The exclusive sublicense for the United States and Canada has been secured by Dallas-based Company B US Inc. from Brand ID, a division of Seardel that […]

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17 May 2012 Clothing and Textiles

SEARDEL DECLARES ADJUSTED FY HEADLINE LOSS

– turnover up, gross margins down JOHANNESBURG (I-Net Bridge) – Clothing and textile conglomerate Seardel on Thursday reported an adjusted headline loss of R45m for the year ended March 31, against a R24.8m loss in the prior year. The company said the main reason for the deterioration was the poor performance of the Seardel apparel […]

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17 May 2012 Clothing and Textiles

SEARDEL LOSSES WIDEN

Clothing and textile conglomerate Seardel(SER/SRN) on Thursday reported an adjusted headline loss of R45.0 million for the year ended March 31, against a R24.8 million loss in the prior year. The company said the main reason for the deterioration was the poor performance of the Seardel apparel division. “The competition that this business unit faces […]

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46664 SPREADS ITS THREADS

South Africa’s first locally manufactured 46664 clothing line celebrated its first anniversary this week at the Nelson Mandela Foundation headquarters in Houghton, Johannesburg. The line was named after the prison number of former president Nelson Mandela – a number he wore on his prison clothes during his 27 years of imprisonment on Robben Island. 46664’s […]

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29 Mar 2012 Clothing and Textiles

INVESTMENT’S WEARING WELL

There are market watchers who hold that HCI is far too diversified and that its penchant for buying depleted or asset-rich companies is a distraction Hosken Consolidated Investments (HCI) will be hoping sceptical investors, particularly those critical of its recent foray into struggling liquor group KWV take a long, hard look at recent developments around […]

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16 Mar 2012 Clothing and Textiles

SEARDEL WINS LONGSTANDING LITIGATION: CHRIS LOGAN – OPPORTUNE INVESTMENTS

The company’s share price shot up by 21% today following the announcement. – DOWNLOAD THIS INTERVIEW RYK VAN NIEKERK: Clothing and apparel group Seardel’s share price shot up by 21% today following an announcement that the company has settled litigation with former directors. On the line from Cape Town is fund manager Chris Logan of […]

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