Apparel Sourcing Intelligence - Worldwide

News

20th March 2007

Argentine government deal to freeze textile prices?

Argentina’s government is preparing to sign a deal with domestic textile businesses to freeze their prices, Industrial Union Argentina head Jose Ignacio de Mendiguren was reported by press as saying....

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20th March 2007

CBP Hires More Personnel for Textile Enforcement

US Customs and Border Protection (CBP) announced on February 16 that it has hired 45 additional personnel to bolster US textile law enforcement efforts and had seized $4 million worth...

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20th March 2007

Freshtex invests in a Romanian apparel company

Freshtex International, a member of the Alt-Group in Heilbronn has retroactively to 1 January 2006 taken over the Lesorste finishing business in Focsani, Romania, The new company with 700 employees,...

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20th March 2007

New Russian duty-free limits reveal smuggling scale.

Russia recently announced new import restriction on travellers, exempting from duty only the first €2,000 euro worth of goods they bring with them. Russian Customs revealed the limits stemmed from...

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20th March 2007

Indian manufacturers yet to wake up to underwear

India’s market share growth has been patchy. In bras, for example, the country accounted for only 0.13% of western imports in Q4 2005, compared to Sri Lanka’s 1.9% Share of...

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20th March 2007

2005: China spurt falls back

China was the only East Asian country to increase its share of apparel exports to the EU, US and Japan in 200. But its phenomenal growth in early 2005 was...

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20th March 2007

Dhaka factory collapse

A garment factory in the Phoenix Building collapsed in Dhaka’s Tejgaon industrial area on February 25, reportedly leaving at least 16 people killed and 35 others wounded, after unauthorized renovations...

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20th March 2007

M&S to launch Fairtrade clothing

Marks & Spencer announced it would be the first UK major to sell clothing made from 100% Fairtrade cotton. The announcement referred to a limited range of socks and T-shirts...

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20th March 2007

Jeantex and Sanatex call off merger

Jeantex has cancelled a letter of intent to buy Sanatex. Jeantex chairman Henry Fahman said: “Operating Sanatex under the Jeantex Group was not the best platform to expand business” ,...

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20th March 2007

US: Nova Knits agrees payout for ex-employees

Apparel producer Nova Knits will award laid-off workers with more than $500,000 in severance pay following complaints to the company’s board of supervisors, Associated Press reported. More than 100 employees...

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20th March 2007

Turks move out of textiles

Turkey’s top textile and clothing manufacturers are planning considerable investments in 2006 – but many plan to switch their emphasis to other industries, or outside Turkey. For example - Trouser...

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20th March 2007

UN worries worry about Israeli border closure

The UN's Office for the Co-ordination of Humanitarian Affairs says that the serious “economic and humanitarian concerns” have been raised by the closure of the Gaza Strip’s Kami crossing into...

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