Latest Emerging Markets News

ittieremalocampaign21

Russian businessman acquires Italian cashmere producer

Sergey Lomakin, a businessman and co-owner of Tsentrobuv, one of Russia’s largest footwear chains, has acquired a stake in Malo, one of Italy’s largest and...

Read full post
ATOK

Czech textile and clothing sales grow 10.7% in H1

Sales in the Czech Republic’s textile and clothing industry increased by 10. 7% year-on-year to CZK26. 6bn (US$1.

Read full post
mura-620x348

Bankrupt Aha Mura loses Hugo Boss contracts

Slovenian clothing company Aha Mura, which entered receivership in May owing to an unpaid tax bill, has now lost its biggest client, German luxury brand...

Read full post
RSN-OpEdEthicalCorp-20111024FINIW

Uzbekistan plans to increase cotton fibre processing

Uzbekistan plans to increase the domestic processing of cotton fibre to 500,000 tonnes by late 2015, said Prime Minister Shavkat Mirziyayev during a conference held...

Read full post
7aeb6vinatexipo

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,...

Read full post
103255207619983638650604060468188434003036n

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...

Read full post
DAMN-I-LOVE-INDONESIA

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...

Read full post
add

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...

Read full post
n91633563g

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...

Read full post

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.

Read full post