Apparel buyers upset with slow structural remediation in B’desh RMG units

Apparel buyers and retailers have expressed their concern over the slow progress on structural remediation in Bangladeshi readymade garment (RMG) factories assessed by Western retailers’ groups, as per reports. They are of the opinion that structural remediation is slower than that of electrical and fire and blamed slow move in Detailed Engineering Assessment (DEA) approved … Read more Apparel buyers upset with slow structural remediation in B’desh RMG units

UPDATE 3-Under Armour says earnings growth to slow over next two years

Oct 25 Under Armour Inc, the No.2 U.S. sportswear maker, said earnings growth for the next two years would be “less than expected” after reporting its slowest quarterly sales growth in six years, hurt by slowing growth in North America. The company’s shares were the top loser on the New York Stock Exchange, after falling … Read more UPDATE 3-Under Armour says earnings growth to slow over next two years