Latest Emerging Markets News

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Under Armour plans expansion in Russia

Under Armour, one of the largest US producers of sports clothing, is expanding into the Russian market by opening its first stores in the country.

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Taiwan’s Lealea to buy Indonesian textile plant

Lealea Enterprise, one of the largest polyester filament yarn and chip makers in Taiwan, is to acquire Taroko’s production facility in Bandung, Indonesia.

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Cambodian workers at closed factory protest over pay

Cambodian workers from Shude Garment protested in front of their factory in mid-February in Kampong Speu province’s Chbar Mon town after their employer vanished without...

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Indonesian exporters 'delighted' with US withdrawal from TPP

The withdrawal of the US from the Trans-Pacific Partnership agreement has delighted many Indonesian textile and apparel exporters, as they will now have a level...

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Investment invited for textile and garment zone in Myanmar

Myanmar’s Ministry of Industry is inviting both local and foreign investment to develop a specialised textile and clothing zone in Shwe Taung, Bano region.

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Thai Bedding to diversify into hotel market

Thai Bedding, a producer of mattresses and bedding products, is diversifying into the hotel business, allocating at least THB1bn (US$28.

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Kolon subsidiary approved for US$220m plant in Vietnam

South Korea’s Kolon Industries has received approval to invest US$220m in a factory manufacturing KVT-1 industrial fabric for automobile tyres in the southern Vietnamese province...

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EU Council scraps import quotas for Belarusian textiles

The Council of the EU has abolished import quotas for Belarusian textile products.

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New workwear plant in Latvia to employ 120 people by year end

The new Lindström workwear plant in Tukums, Latvia, currently employs 100 people, but by the end of the year the number of employees will be...

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Retail chains compete with global nonwovens producers in Russia

Global producers of nonwovens-based personal care products may face serious competition from retailers over the next few years owing to the plans of the latter...

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