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Gap plans to more than triple sales in China in 3 years

NEW YORK, N.Y. - Gap Inc. announced Wednesday it plans to more than triple sales in China in three years as it seeks to grab a bigger piece of the overall $1.4 trillion global clothing market. The San Francisco-based clothing chain, which operates stores under the Gap, Old Navy, Banana Republic and Athleta brands, generated $300 million in sales in China in the latest fiscal year ended Feb. 1. It says China will be its biggest growth initiative.

Thousands of workers strike at China shoe factory

Tens of thousands of workers were on strike Wednesday at a factory in southern China which makes shoes for Nike and Adidas, rights groups and a worker said. More than 30,000 employees at the Yue Yuen Industrial (Holdings) factory in Dongguan city have been striking for several days in protest at unpaid social insurance payments, said US-based China Labour Watch, adding that police had beaten and detained several protesters.

Thousands of workers strike at China shoe factory

Tens of thousands of workers were on strike Wednesday at a factory in southern China which makes shoes for Nike and Adidas, rights groups and a worker said. More than 30,000 staff at the Yue Yuen Industrial (Holdings) factory in Dongguan city have been striking for several days in protest at unpaid social insurance payments, said US-based China Labour Watch, adding that police had beaten and detained several protesters.

Uniqlo steps up Europe push with stores in Berlin and Paris

By Dominique Vidalon, Pascale Denis and Emma Thomasson PARIS/BERLIN (Reuters) - Japanese casual wear chain Uniqlo opens its first store in Germany on Friday, as it accelerates expansion in Europe in a bid by its parent company Fast Retailing Co Ltd <9983.T> to become the world's top fashion retailer by 2020. Fast Retailing wants to open more stores abroad as it sees turnover growth slow in its home market, where the population is ageing and declining and where it lowered forecasts for Uniqlo's sales on Thursday.

LVMH shares rise on improving growth at Louis Vuitton

By Astrid Wendlandt PARIS (Reuters) - Louis Vuitton sales to Chinese and European customers improved in the first quarter, parent LVMH <LVMH.PA>, the world's biggest luxury group, said on Thursday after posting forecast-beating fashion and leather sales. Fashion brand Louis Vuitton, the group's biggest contributor to profit and sales, has been enjoying a pick-up in demand in recent months, helping alleviate concerns it lost its sparkle after a decade of strong growth.

Move over, Mum: Prince George is new fashion icon

Just months ago it was his mother's fashion choices that sparked a buying frenzy -- but with just one pair of mini-dungarees Prince George appears to have stolen her fashion limelight. When the eight-month-old future king crawled about in a playgroup in Wellington, New Zealand, on Tuesday for what was billed as his first major public engagement, his outfit sold out within hours -- the same effect that his mother Catherine has had in the past.

Tommy Hilfiger and Karl Lagerfeld brands reunited though PVH investment

NEW YORK, N.Y. - PVH Corp., the company behind the Calvin Klein and Tommy Hilfiger brands, has become a minority shareholder in fashion designer Karl Lagerfeld's namesake company. The financial terms of the deal were not disclosed. PVH said Tuesday that the investment in Karl Lagerfeld B.V. will allow it to benefit from growth of the designer's brand. The deal includes giving PVH first dibs on licensing the brand for North America.

Bags with logos too last century for Paris craftsman

There's something missing from the handbags that adorn the shelves of Serge Amoruso's Paris boutique. It's certainly not the hefty price tag or the top quality craftmanship. What you won't find, however, is that universal badge of 1990s consumerism -- a logo. Amoruso's message is clear. Exclusivity is what his customers -- many of them from China and Japan -- now want, and they don't mind paying for it.

Lululemon poised to defeat pant lawsuits, judge's draft decision dismisses cases

NEW YORK, N.Y. - Lululemon Athletica Inc. appeared poised to defeat a class action lawsuit filed against the company over a recall of its black Luon pants last year because they were too sheer. U.S. Judge Katherine Forrest released a draft decision Friday that proposes the case be dismissed. The lawsuit by shareholders accused the Vancouver-based athletic-wear company of failing to disclose the quality defects in its Luon yoga pants, which resulted partly due to cost cutting.

Scores fall sick in mass faintings at Cambodian factories

By Prak Chan Thul PHNOM PENH (Reuters) - Scores of garment workers have fallen sick this week at factories in Cambodia including two that produce clothing for sportswear giants Puma SE and Adidas, police and workers said on Thursday. A total of 118 employees passed out at work on Thursday at the Shen Zhou and Daqian Textile factories in Phnom Penh, police said, another blow for an industry fraught with disputes but critical to Cambodia's fledgling economy.
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