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Vibemac, Jack Stock to set up JV in China, Italy
Verona-based Vibemac, a leading company in the production of industrial automatic sewing machines specialised in 5 pocket jeans, has entered into a joint venture (JV) with the Chinese Jack Sewing
Jordanian king inaugurates garment factory in Ajloun, Jordan
Jordanian King Abdullah recently inaugurated the Juneid Garment Factory in Ajloun. Part of Classic Fashion Apparel, the JD 3-billion factory employs a lot of women. Launched as part of an initiative
US-China trade war a blessing for Bangladesh: study, Bangladesh
The US-China trade war has been a blessing for Bangladesh as local garment manufacturers have been receiving a lot of work orders from both the countries, says a study by the Bangladesh Foreign Trade
Hard for foreign firms to enter Bangladesh: Dutch envoy, Bangladesh
Dutch ambassador in Bangladesh Harry Verweij recently said foreign companies find it extremely tough to set up base in the country. Though efforts were being made to improve the situation, a lot more
Flipkart deal to ramp up Walmart’s sourcing from India, India
The Flipkart deal will ramp up Walmart’s global sourcing of apparel and accessories from India, according to Judith McKenna, the latter’s international CEO, who sees a lot of headroom for growth in
12 ReTech taking over Red Wire Group, United States Of America
12 ReTech Corporation is taking over Salt Lake City, Utah based Red Wire Group. It has signed a definitive Exchange of Equity Agreement to acquire Red Wire Group in a stock for stock transaction.
Making sustainability affordable is a big challenge, India
In a lot of instances, being sustainable comes with an additional financial cost, hence, making sustainability affordable is a big challenge, said Cibi Karthic, director of Tiruppur based Eastman
Import duty on kids apparel to reduce drastically in Fiji, Fiji
Import duty on apparel for kids will be cut from 32 per cent to 5 per cent, Fijian economy minister Aiyaz Sayed Khaiyum announced in the 2019-20 budget. The step will help retail shops stock more
MXP invests in new apparel factory in Thai Binh, Vietnam
Manufacturing Sportswear Joint Stock Company (MXP JSC), one of Vietnam's leading apparel manufacturing and exporting companies, has begun construction of its seventh factory (MXP7) in Thai Binh
Jerash company is first Arab firm to get listed on NASDAQ, Jordan
Jerash Garments and Fashions Manufacturing Company (JGFMC) located in Sahab Development Zone in Jordan has become the first Arab company to be listed on the NASDAQ stock exchange in New York. It was
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