Latest Emerging Markets News
Indonesian producer to get net zero targets approved by SBTi
Indonesian textile and clothing producer Pan Brothers has become one of the first Indonesian companies to get its near- and long-term decarbonisation plan approved by...
Russian sportswear producers accelerate expansion
According to local analysts, Russia's sportswear market is experiencing a transformation associated with the relaunch of sites previously occupied by international sports brands.
Turkish e-commerce platform to enter Ukrainian market
Turkish e-commerce platform Trendyol, whose largest shareholder is China’s Alibaba Group, is making plans for an entry into the Ukrainian market.
Report highlights forced labour issues in Uzbek cotton harvest
A report by the Uzbek Forum for Human Rights on Uzbekistan’s 2023 cotton harvest has found that local officials resorted to forced labour in districts...
Bosnian underwear and sleepwear producer seeks designers’ involvement
Underwear and sleepwear producer Alma Ras has called for designers to participate in the first Alma Ras Industry Day, which will be held on 5...
Crystal Group ‘planning’ textile factory in Nam Dinh
Hong Kong-headquartered clothing manufacturer Crystal Group is reportedly looking to build a US$200m yarn, fabric and garment production facility in the northern Vietnamese province of...
JD Sports Fashion completes Polish acquisition
JD Sports Fashion has completed the acquisition of a 40% stake in a Polish investment group as it continues to push into European markets.
Exodus of Western brands provides opportunities for Russian producers
The exodus of Western textile and clothing brands from the Russian market following the country’s invasion of Ukraine has had a positive impact on local...
Cambodia’s exports of garments, footwear and travel goods decline 13%
Cambodia’s exports of garments, footwear and travel goods (GFT) declined by 13% to US$11bn in 2023 amidst global challenges, leading to the suspension of work...
Clothing disinfection concept wins award in Moldova
Victoria Danilă, an entrepreneur from Chisinau, has won an award in the GCIP Moldova 2023 competition in the “Efficient water consumption” category with an intelligent...