Archive: 2017

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Economic recovery leads to increasing Thai cotton imports

For the 2016/17 marketing year, Thai cotton imports are forecast to increase to 1. 4m bales, up 6% from 2015/16.

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Zara denies rumours of opening stores in Hanoi

Inditex, the parent company of the Zara brand, has denied rumours that Zara will open two stores in Hanoi, reports Zing news.

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German spunbond producer to open factory in Serbia

German spunbond fabric producer Hydroweb plans to build a €20m (US$21m) factory in Jagodina, central Serbia, with construction due to start in February or March.

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Latvian designer's textile collection utilises waste material

Latvian designer Tamara Orjola has created a series of biodegradable furniture and textiles from yarn made only using pine needles.

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Russian luxury market bouncing back, but some brands lagging behind

Despite a difficult trading year in 2015, luxury brands are staging a comeback in the Russian marketplace, according to a new report from customer engagement...

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China to invest in new flax processing factory in Belarus

A new flax processing facility will be set up in the Mogilev Oblast of Belarus with the help of Chinese investments, reports the BelTA news...

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EBRD supports repositioning of Intersport Slovenia

The European Bank for Reconstruction and Development (EBRD) is supporting the acquisition of Intersport ISI by Sigur Retail Group from Mercator with a €14m (US$14.

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EU backs Uzbekistan textile trade deal

The European Parliament has approved a textile agreement with Uzbekistan, acknowledging the country’s efforts to eradicate child labour.

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