Latest Emerging Markets News
Increase in turnover for Hungarian textile and clothing industry
In 2014, both the textile and clothing sectors in Hungary succeeded in increasing turnover, which may seem surprising owing to several negative factors sapping the...
Free zone in Vranje to expand for Weibo
The city council in Vranje, Serbia, has approved the expansion of the city’s free zone with Chinese textile company Weibo Group planning to invest, according...
Martini Vesto opens clothing facility in Bosnia Herzegovina
Martini Vesto of Leskovac, Serbia, has opened a clothing plant in Bosnia and Herzegovina, where 200 workers will be employed producing men’s suits and shirts,...
Solvay to open textile recycling facility in Poland
An EU-backed project that recycles post-industrial technical textile waste, initially from airbags, into high-quality polyamide (PA) 6.
Hanesbrands to increase investment in Vietnam
US apparel group Hanesbrands aims to increase its total investment in Vietnam to nearly US$55m by the end of 2015, increasing its 2014 figure by...
36,000 Indonesian textiles and clothing jobs at risk
Around 36,000 textile and clothing workers in Indonesia could lose their jobs as weak sales threaten more than 100 small-scale manufacturers.
MWE seeks additional revenue from Vietnam expansion
MWE Holdings is seeking US$40m additional revenue from its textile business through its wholly-owned unit, United Sweethearts Garment (USG), in the next financial year ending...
British fashion and home furnishings retailer expanding in the Philippines
UK-based fashion and home furnishings retailer Cath Kidston is expanding its business in the Philippines as it plans to open seven new stores over the...
Refugee crisis gives concerns for Hungarian laundry sector
Among the tens of thousands of Syrian and other refugees attempting to cross Hungary on their way to Western Europe are a number of fatally...
Russian textile producers want ban on European clothing imports
Following Russia’s much publicised destruction of contraband European cheese and other foods, local textile companies have decided to take advantage of the nationalist mood, according...