Latest Emerging Markets News
Russia’s Gloria Jeans fails to attract foreign investors
Gloria Jeans, Russia’s leading clothing retail company, will not sell its 25% stake to investors for US$250m owing to a deterioration of the business environment...
Cambodian Labor Ministry refutes Human Rights Watch report
Calling the recently released report by Human Rights Watch (HRW) about systematic Labor Law violations and corruption in Cambodia’s clothing sector “groundless”, the country’s Ministry...
Indonesian Ministry earmarks funds to replace old machines
Indonesia’s Ministry of Industry plans to allocate IDR100bn (US$7.
Demand for Philippine abaca to grow by 5.7%
Over the next five years, the Philippines is predicted to remain the world’s leading source of abaca, the strongest-known natural fibre, according to a global...
Vinatex to build factory complex in Quang Nam
The Vietnam National Textile and Garment Group (Vinatex) has commenced construction of a factory complex in the central Quang Nam province, reports baodautu.
Swiss export ‘stealth’ textiles to Russia in spite of sanctions
A shipment of high-tech “stealth” textiles to Russia was approved after Switzerland extended measures to ensure its companies do not bypass international sanctions on military...
HCC to build carbon fibre plant in Tatarstan
Russia-based Holding Company Composite (HCC) is to build a 1,700 tonne carbon fibre plant in the Republic of Tatarstan, Russia, which could eventually grow to...
'Stitched-up' Croatian clothing workers call for higher wages
Researchers from the Croatian trade union Novi Sindikat, Eastwind-Institute and Clean Clothes Campaign have published a factsheet about workers in the clothing and footwear industries...
New investments for sock factory in Bosnia and Herzegovina
Italian-owned Socksmaker 3, which has a production facility in Tesanj, Bosnia and Herzegovina, has announced new investments in the expansion of capacities this year.