Latest Emerging Markets News
Designers’ outlet opens in Kazakhstan
Designers City, the first fashion house of Kazakh designers, opened last month in Almaty.
Five clothing companies to create 6,000 jobs in Myanmar
Five apparel companies that will operate under the cut-make-pack system are set to create nearly 6,000 jobs in Myanmar.
Cambodia's clothing sector minimum wage set at US$153 a month
The Cambodian government has set the new minimum wage in the country’s clothing sector at US$153 a month, a 9% increase in an industry that...
Cambodian clothing makers struggling with wage increases
Cambodia’s clothing sector, although still expanding, will remain in a precarious position unless global brands significantly raise the prices they pay to manufacturers or the...
Indonesia aims to become one of top five textile exporters
Indonesia is aiming to become one of the world’s top five textile exporters over the next few years, according to Minister of Industry Airlangga Hartarto.
Turkey may impose high anti-dumping duty on Vietnamese yarn
Turkey could impose an anti-dumping duty of more than 72% on polyester textured yarn imports from Vietnam, according to the Vietnam Competition Authority, part of...
South Korean company starts operations in Ben Tre
Unisoll Vina, a subsidiary of South Korea’s Hansoll Textile, has begun operating in the Giao Long industrial park, Chau Thanh district, in the southern Vietnamese...
Strenesse takeover folds as Polish investor withdraws
A Polish takeover of the ailing German fashion brand Strenesse has failed, leaving the future of the company with 240 employees uncertain.
New Mayer & Cie factory building opened in Czech Republic
Albstadt, Germany-based Mayer & Cie has opened its Czech subsidiary’s new factory hall in Vsetín.
Latvian fibreglass maker sells stake in US subsidiary
Latvian fibreglass maker Valmieras Stikla Skiedra has signed an agreement with parent company P-D Management Industries-Technologies for the sale of a 33% stake in Valmiera...