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BrilliA Inc to Present at Planet MicroCap Showcase: VEGAS 2025 on April 23 and Hold 1x1 Meetings on April 24
Globenewswire· 2025-04-16 12:30
Core Insights - BrilliA Inc will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, from 1:30-2:00 PM PST, with CEO Kendrew Hartanto hosting the presentation [1] - The company is a comprehensive service provider for ladies' intimate apparel brands, managing various aspects such as sourcing, design, prototyping, supply chain, logistics, and quality control [3] Company Overview - BrilliA Inc collaborates with major global brands including Fruit of the Loom, Hanes Brands Inc., and H&M, indicating a strong position in the intimate apparel market [3] Event Details - The presentation will take place at the Paris Hotel & Casino in Las Vegas, NV, and will include opportunities for 1x1 investor meetings [2] - For those unable to attend the live presentation, webcasts of all company presentations will be available on the conference event platform [2]
36氪精选:爆款越火,老板越穷,谁「杀死」了中国服装厂?
日经中文网· 2025-04-11 05:00
"赚钱不可能,能活下去就不错了!" 文 | 骆若男 编辑 | 方婷 封面来源 | 日经中文网 在中国开服装厂,到底有多难? 编者荐语: 日经中文网与36氪开展内容交换合作。精选36氪的精彩独家财经、科技、企业资讯,与读者分享。 以下文章来源于36氪 ,作者骆若男 方婷 36氪 . 36氪是服务中国新经济参与者的卓越品牌和开创性平台,提供新锐深度的商业报道,强调趋势和价值,我们的slogan是:让一部分人先看到未来。 这几年,"别碰服装"这几乎成了行内公认的一句忠告。 机器不开没钱,开了亏钱;好一点儿的老板"出去了",差一点儿的老板"进去了"。 不断降低的利 润、不断升高的成本,正在把服装厂逼进死胡同。 而消费者这端,服装尤其是女装越来越差的质量、越来越等不到的预售期,也让大家怨声载道。 为什么会出现这样双输的局面?现在办厂还有前途吗,出路又在哪? 36氪实地走访了多家工厂,在最真实的生产前线,窥探中国服装制造业的兴衰演变。 堆积的库存,消失的订单 36氪首先来到了位于浙江的诸暨大唐袜业城,电商平台上出售的袜子,70%都来自这个袜业城。外贸和电商曾经让这个小镇一度整条街都是年流水百万级别 的小型工厂,袜业城也成 ...
PVH's Q4 Earnings Surpass Estimates, DTC Revenues Dip 5% Y/Y
ZACKS· 2025-04-01 17:15
PVH Corporation (PVH) reported better-than-expected results in the fourth quarter of fiscal 2024, wherein both earnings and revenues topped the Zacks Consensus Estimate. However, the bottom and top lines fell year over year. Results were hurt by a tough macro backdrop. PVH reported adjusted earnings of $3.27 per share, down 12.1% from the year-ago quarter's $3.72. The bottom line beat the Zacks Consensus Estimate of earnings of $3.19 per share and the company's guidance of $3.05-$3.20. The figure included t ...
Gildan Announces Participation at the 28th Annual CIBC Retail and Consumer Conference in Toronto
Globenewswire· 2025-03-19 12:30
Core Insights - Gildan Activewear Inc. will participate in the 28th Annual CIBC Retail and Consumer Conference in Toronto on March 26, 2025, with key executives attending [1] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks to a diverse customer base including wholesale distributors, screenprinters, retailers, and global lifestyle brands [2] - The company markets its products across North America, Europe, Asia Pacific, and Latin America under various owned brands, including Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds, as well as through an exclusive licensing agreement for Champion in the printwear channel [2] Manufacturing and ESG Practices - Gildan operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [3] - The company is committed to industry-leading labor, environmental, and governance practices throughout its supply chain, which is part of its comprehensive ESG program integrated into its long-term business strategy [3]
Hanes(HBI) - 2024 Q4 - Earnings Call Transcript
2025-02-13 16:15
Financial Data and Key Metrics Changes - Hanesbrands reported a 4% year-over-year growth in sales for the fourth quarter, with net sales increasing 4.5% to $888 million [34][14] - Gross margin improved by 580 basis points to 41.4%, while operating margin expanded by 390 basis points to 11.8% [14][15] - Earnings per share (EPS) increased by 670% [15] - The company paid down over $1 billion in debt, reducing leverage by nearly 2 turns [15][40] Business Line Data and Key Metrics Changes - In the U.S., net sales increased by 3% year-over-year, driven by innovation and increased brand investments [34][35] - The International segment saw a 6% increase in net sales on a constant currency basis, with growth in each region [35] - The Champion Japan business has been reclassified to discontinued operations, affecting comparability with previous guidance [4][5] Market Data and Key Metrics Changes - The Australian business experienced growth driven by better inventory management and strong innovation [35][106] - The company noted no significant shifts in ordering patterns among major retail accounts, maintaining strong relationships across channels [78][123] Company Strategy and Development Direction - Hanesbrands is transitioning from a global holding company to a global operating company, focusing on consumer-centric innovation and streamlined operations [16][18] - The company aims to expand margins to over 15% and generate more than $400 million in annual operating cash flow [21][23] - The strategy includes leveraging competitive strengths and focusing on new revenue streams, particularly in the Printwear channel [22][111] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive organic constant currency sales growth in 2025, despite a challenging consumer environment [50][51] - The company anticipates further margin expansion in 2025, driven by cost savings and improved operational efficiencies [22][39] - Management highlighted a strong foundation and momentum entering 2025, with a commitment to shareholder value creation [13][24] Other Important Information - The company has initiated a leadership succession plan, with the current CEO planning to step down after five years [24][66] - Management emphasized the importance of transparency during the transition and the strength of the current leadership team [66][67] Q&A Session Summary Question: Confidence in driving positive sales in 2025 and revenue opportunities - Management expressed confidence in achieving 1% organic constant currency growth, supported by innovation and brand investments [50][51] Question: Visibility and control over future margin expansion - Management indicated strong visibility to cost and savings, expecting another step up in operating margins in 2025 [54][59] Question: Elimination of stranded costs associated with Champion - Management stated that stranded costs would be largely eliminated by the end of 2025, contributing to margin expansion [72][73] Question: Guidance breakdown for U.S. vs. international business - Management expects flat growth in the U.S. and low-single-digit growth internationally, with no major shifts in ordering patterns [77][78] Question: Gross margin cadence throughout the year - Management anticipates a stronger gross margin in the first half of the year, with some stabilization expected in the back half [81][84] Question: Cash flow build for the year - Management outlined factors contributing to the expected $350 million in operating cash flow, including profit growth and lower cash interest [95][100] Question: International revenue outlook and inventory position - Management clarified that growth in Australia is driven by volume rather than inventory fill, with a focus on consumer engagement and innovation [105][106] Question: Impact of potential retaliatory tariffs on sales into Mexico and Canada - Management confirmed no impact from tariffs, as products are not sold from the U.S. into those countries [115][117] Question: Consumer trends and channel shifts - Management noted that the business follows macro channel trends closely, with strong relationships across various retail channels [123]