Economy

As most prognosticators acknowledge, predicting the "what" of the future is relatively easy compared to getting the timing close to right. What I am...

The much-touted and long-delayed Trump International Hotel & Tower on Fort Lauderdale might not open.Developers of the 298-unit condo-hotel informed investors in a May 13...

The "China Price" dynamic has gone through several iterations.First, Western manufacturers were panicked over the prices coming from Chinese competitors, which were often 20-30...

A new report from AMR Research shows that the apparel industry is not spending as much on IT as it used to, and according...

And it's more fun. You've heard the saying: those trying to get even will lose those trying to get ahead. Current economic reports state that we're experiencing the worst recession since the Great Depression. While we humans feel more comfortable playing name tag and joining the negative maddening crowd with subjective sound-bite labels, let's remember to review the objective facts. Even if unemployment reaches 12%, that means that 88% of us are employed. And we are all still consuming. While this fact does not help those recently laid-off, we are fortunate that Americans are resilient, resourceful and creative.

I began working in the clothing industry full time thirty-six years ago this month. That was the recession of 1973 to 1975. And since that time and even now there have been more recessions. Don't let inertia stifle you. Automatically continuing past practices and policies and resisting change characterize a powerful but negative force. Instead of acquiescing to 'woe is me,' better to ask (if you want success) 'where is me and where am I going?' How can I use my experience, competencies, and capabilities to reverse any downward trends and grow profitably?

Even though we may be intelligent and creative under normal circumstances, unfortunately it takes a cataclysmic event to motivate us to move on from past practices. As part of Mother Nature, we're not surprised to learn that intense and destructive forest fires are necessary from time to time to foster re-birth of certain species of seeds.

If your business is not as successful as you would like, you have few choices. You can stay where you are and succumb to the chorus of excuses to confirm your malaise. You can re-invest your energies from your past experiences or you can learn from the experiences of others.

VF Corp., the world’s largest apparel maker, reduced its 2009 profit forecast on falling sales of Lee jeans and industrial uniforms.  The shares dropped...

Industrial employment in Alabama fell 4.5% over the past twelve months according to the 2009 Alabama Manufacturers Register, an industrial directory published annually by...

The Advertising Specialty Institute®, the largest media and marketing organization serving the advertising specialty industry, announced today that first quarter 2009 sales were off...

Superior Uniform Group, Inc. (Nasdaq:SGC), manufacturer of uniforms, career apparel and accessories, today announced that for the first quarter ended March 31, 2009, loss...

Amid mounting claims of “protectionism”, a new survey shows the world’s leading textile and garment importers have abolished more barriers to trade in the...