Archive: 2017

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EU fines seatbelt, airbag suppliers over price fixing

Five suppliers of automotive occupant safety systems – Tokai Rika, Takata, Autoliv, Toyoda Gosei and Marutaka – have been given fines totalling €34m for breaching…

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E-Leather partners with DB Idea Train

E-Leather has been announced as an official partner of the Deutsche Bahn Idea Train launched in Nuremberg, Germany, last month.

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Automotive seating prototyping and testing facility in India

Automotive seating supplier Adient has started construction of an automotive seating prototyping and testing facility in Pune, India.

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IAC opens interiors plant in Poland

International Automotive Components (IAC) has opened a plant for tailored automotive interiors in Opole, near Wroclaw, Poland.

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Bawtry Investments acquires Axon Automotive

Axon Automotive, a UK-based supplier of carbon composite structural products and engineering services, has been acquired by Bawtry Investments, which has purchased the controlling interest…

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Recycling carbon fibre products from America’s Cup campaign

ELG Carbon Fibre and Land Rover BAR (Ben Ainslie Racing) are working together to ensure the carbon fibre process waste and end-of-use components from the…

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Khaisilk closes all outlets in Vietnam following trade fraud

Vietnamese silk brand Khaisilk has closed all its outlets after it was found selling Chinese-made products labelled “Made in Vietnam”, according to local media reports.

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Cambodia's clothing exports forecast to grow 5%

Cambodia’s exports of clothing and footwear will grow by 5% this year, with similar growth rates expected over the next five years, but only if…

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Myanmar's clothing exports set to hit US$3bn in 2017

Myanmar’s clothing exports could reach US$3bn this year, boosted by an increase in investment and orders.

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US clothing firms urged to expand in the Philippines

The Philippines has urged American clothing and footwear companies to expand and bring more of their production capacities to the country to benefit from the…

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Thai retailer to expand sales space for jeans

Stock market-listed retailer Robinson Department Store, a Central Group department store chain, expects its fashion business to resume growth next year after anticipated flat growth…

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Swedish textile machinery association opens office in Vietnam

The Textile Machinery Association of Sweden (TMAS) has established a local office in Ho Chi Minh City, Vietnam, headed by business development representative Tran Phuoc…

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‘Made in Europe’ label tied to clothing production in European sweatshops

A new report published by the Clean Clothes Campaign – Europe’s Sweatshops – documents endemic poverty wages and other stark working conditions in the clothing…

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French underwear manufacturer to speed up expansion in Russia

French underwear manufacturer Etam Group is to expand into Russia, aiming to become one of the largest players in the market, according to chairman Laurent…

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Bulgaria's Dreams Company starts partnership with IKEA

In late 2016, Smolyan, Bulgaria-based Dreams Company started a partnership with IKEA to create blankets and carpets for the retailer’s Vässad collection.

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E Miroglio buys bankrupt Serbian clothing maker

E. Miroglio has bought the bankrupt Pirot, Serbia-based Aha Mura Prvi Maj for RSD200m (US$1. 05m).

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