Latest Emerging Markets News

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Vietnamese knitwear producer boosted by Coats platform

Vietnamese sportswear and knitwear producer Thanh Cong Textile Garment Investment Trading has welcomed improvements to its operational efficiencies and subsequent cost savings following its implementation...

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H&M to sell Russian assets to ‘friendly’ country

Global fashion retailer H&M is reportedly looking into selling its Russian business after it announced it was “winding down” its operations in the country.

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C&A to leave Serbia after major fraud detected

Clothing retailer C&A Serbia has filed for insolvency after is became “the target of organised customs fraud committed by unknown perpetrators”.

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Philippine government urged to plug ‘missing links’ in apparel making

The Philippine government should plug the “missing links” in the domestic clothing manufacturing industry, one of the country’s top export earners, by supporting and developing...

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Vietnamese textile and clothing exports on target

Vietnam’s textile and clothing industry is still on target to achieve its export target of US$42–43bn in 2022, despite the industry facing many difficulties in...

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US retailers still selling products made of banned Turkmen cotton

Recent media reports suggest that leading US retailers continue to sell products made with cotton from Turkmenistan, despite a long-standing US Customs and Border Protection...

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Slovak sock brand asks customers for help

Fusakle, a popular sock manufacturer in Slovakia and the Czech Republic, is struggling with financial difficulties, with coronavirus, war in Ukraine, inflation and rising input...

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H&M begins ‘winding down’ operations in Russia

Following its decision to pause all sales in Russia, as announced on 2 March, the Sweden-based H&M Group has now said it will be taking...

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Thai clothing workers’ leader ‘targeted by officials’

A trade union leader in Thailand has accused the country’s authorities of using Covid-19 restrictions to keep workers in line after 1,388 former clothing workers...

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Fashion in Montenegro goes digital with European support

SAMMS, an exclusive distributor of global clothing brands in Montenegro, recently implemented a digital enterprise resource planning system with the support of the European Bank...

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