Latest Emerging Markets News
Large Turkish investors operating in Georgia's apparel sector
Clothing exports from Georgia fell by 13. 1% to US$77. 5m in 2015, the first year-on-year decline since 2011. Apparel imports decreased by 18.
Azerbaijan hopes for revival of cotton sector
In the midst of economic problems, Azerbaijan President Ilham Aliyev (pictured) has pinned hopes on a revival of the cotton sector to bring the country’s...
Katex stops production in Bulgaria and starts layoffs
One of the oldest textile factories in Bulgaria is to discontinue production and has started a layoff procedure.
Korean joint venture to build 200-hectare garment zone in Myanmar
Myanmar-based investment group Olympus Asia has teamed up with South Korean clothing maker Panko with plans to build a 200-hectare garment zone in Myanmar through...
Cambodian clothing factories to invest in automation
Investors in Cambodia’s clothing industry are increasingly purchasing modern equipment as they look to produce higher value-added products to compete in the global market and...
D&Y Textile targets export sales of MYR1bn
D&Y Textile (Malaysia), a subsidiary of the China-based Shandong Daiyin Textile & Garment Group, is aiming for export sales of MYR1bn (US$246m) in the 2019...
New Myanmar textile association formed
The Myanmar Textile Manufacturers Association has been launched by the country's Ministry of Industry, following years of discussion about creating an upstream producers body.
High hopes for Thailand's fashion industry products
The export value of Thai fashion products is expected to reach THB1trn (US$29bn) a year within the next five years as the country is on...
Hyosung to start up nylon manufacturing facility in Vietnam
South Korea’s Hyosung, a producer of polyamide yarn for intimate apparel, sportswear and outdoor goods, has announced plans to start up a plant in Nhon...
Workwear plant being built in Latvia
A new workwear plant is being built for Finland’s Lindström Prodem in Tukums, Latvia.