Archive: 2014


Vinatex fails to sell all shares in IPO

Vietnam’s state-run textile and clothing maker Vinatex fell short of selling all shares in its initial public offering (IPO), which took place on 23 September,...

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Fashion brands commit support for wage increase in Cambodia

Eight major fashion brands, including Inditex and H&M, have indicated their support for talks to raise wages for Cambodian clothing workers, in line with efforts...

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Indonesian menswear market expanding

Indonesia’s menswear market has been experiencing robust growth over the past few years, with businesses from designers to publicly listed and small-scale fashion retailers revealing...

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Adidas Vietnam records repeated losses

Sportswear giant Adidas made its debut in Vietnam in 1993, but only in 2009 did it officially set up Adidas Vietnam, a 100% foreign-invested company...

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Topp Textile to take over Ploucquet waistband production in Romania

German textile producer Ploucquet Group is to sell its European waistband business in Romania to accessory producer Gerhard Topp as part of a new long-term...

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Russian ban on textile and clothing imports a possibility

Russia has threatened retaliation against a US and EU decision to toughen sanctions, saying the move to expand penalties undermines the peace process in Ukraine.

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Number of textile employees increases in Georgia

The number of people employed in the manufacture of textiles and textile goods in Georgia totalled 5,605 in the second quarter of this year, compared...

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Turkish company to invest in synthetic fibre production in Bulgaria

Turkish investors have bought the production facilities of the Mlada Gvardia plant in Haskovo, Bulgaria, and are preparing a large factory for the production of...

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Pan Brothers to invest US$70m in factory expansion

Publicly listed Indonesian clothing manufacturer Pan Brothers is to invest US$70m in a major three-year expansion to help the company tap the potential of South...

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UK union urges action on Cambodian clothing worker ‘repression’

The UK’s Trade Union Congress (TUC) is urging the UK government to take action over the increase in the repression of clothing workers in Cambodia.

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