NEW YORK — The U.S. textile industry is a very sick patient, said consultant Nicholas Hahn at a Wednesday financial forecast for the Knitted Textile Association, but the situation is not terminal.

The seminar, held at Arno Ristorante…

NEW YORK — It seemed like even Santa was buying denim this Christmas.

Despite fears of lethargic holiday sales, specialty retailers and department stores reported denim as one of the strongest-selling categories this Christmas, with jeans…