Tag: Apparel

Global Apparel Manufacturer Receives $25 Million in New Markets Tax Credits for Facility Expansion

Komar’s Distribution Facility in Ellabell, GA LOS ANGELES – March 18, 2024 – PRLog — National New Markets Fund (“NNMF”), an affiliate of Los Angeles, CA-based SDS Capital Group, and the TD Community Development Corporation (“TDCDC”), a wholly-owned subsidiary of TD Bank, N.A., together have invested $25 million in New Market Tax Credit (“NMTC”)allocation into Charles Komar & Sons, Inc. (“Komar”) distribution center expansion in Ellabell, GA. The cumulative local employment impact of Komar’s new plant is substantial, creating an estimated 300 full-time jobs. Komar is a 50% women-owned apparel manufacturer and distributor that works with more than 100 owned, ... Read more

U.S. Polo Assn. is the Official Apparel Partner for 2024 Dubai Polo Gold Cup

U.S. Polo Assn., the official brand of the United States Polo Association (USPA), served as the Official Apparel Partner of the Dubai Polo Gold Cup 2024. This world-renowned polo tournament was hosted at the iconic Al Habtoor Polo Club in Dubai, United Arab Emirates (UAE) from Feb. 6-24, 2024. In collaboration with the Aydinli Group, U.S. Polo Assn.’s brand partner in the Middle East, the classic, sport-inspired brand provided performance jerseys for multiple teams, branded apparel for all on-site staff, and gifts to the finalists including branded leather duffle bags and watches. The Dubai Polo Gold Cup was an unforgettable ... Read more

Digitalization is Key to Transforming the Apparel Sector

The global apparel market is forecasted to reach USD 992 billion by 2021. With labor costs keep increasing across China and ASEAN countries, apparel brands are forced to come up with cost-cutting measures. Our latest white paper, “Digital Transformation in the Apparel Industry: How to Improve Efficiency of Apparel Factor,” developed alongside Brother Machinery (Asia) Limited (BMA), highlights that going digital is key for the apparel industry to address this issue. COVID-19 pandemic has accelerated the push for digital transformation. Global spending on digital transformation technologies and services is expected to increase to USD 1.3 trillion in 2020. Consequently. this ... Read more