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Phnom Penh Post, Cambodia
Written by Ngoun Sovan and Hor Hab
As increased competition and a shortage of workers continue to affect garment exports, some see diversity of trade as key to economic
growth
Read more about New exports vital to aid sluggish garment sector …
Dharmapuri has potential to emerge as a garment hub
Hindu, India
S. Prasad & M. Gunasekaran
DHARMAPURI/TIRUPUR: Dharmapuri is slowly emerging as a garment hub. Now more than 22 stitching units are functioning around Dharmapuri, employing nearly 500 women.
Reeling under severe shortage of skilled labourers, garment manufacturers from Tirupur and Salem are now supplying fabric through agents to these stitching units.
Proximity to textile hubs of Salem, Erode, Tirupur and Coimbatore on the one side and Bangalore on the other, located on National Highway 7 and well connected by road and rail networks to Chennai port and Bangalore airport are the advantages of the district. Read more about Dharmapuri has potential to emerge as a garment hub …
China Knowledge Online, Singapore
Sep. 8, 2014 (China Knowledge) – Weiqiao Textile<2698>, China’s biggest cotton textile manufacturer by production scale, announced that it would acquire a thermo power plant from Zouping High-tech thermoelectric Co. Ltd for RMB1.599 billion.
Read more about Weiqiao Textile to acquire thermo power plant for RMB 1.599 bln …
MarketWatch
DUBLIN, Ireland, Sep 05, 2014 (BUSINESS WIRE) — Research and Markets ( http://www.researchandmarkets.com/research/85c9b9/structure_and_mech) has announced the addition of the “Structure and Mechanics of Textile Fibre Assemblies” report to their offering
Read more about Examine the Structure and Mechanics of Textile Fibre Assemblies …
Martin Young
American Drycleaner, IL
He was one of my best customers. Some call people like him “big tunas;” I called him “friend.” I was well aware that he had been putting Read more about Give That Garment A Bath …
Garment enterprises push to establish trademarks
Nhan Dan, Vietnam
Establishing and developing strong trademarks in both domestic and international markets has become the key task for Vietnamese garment companies during the process of economic integration, said Nguyen Dinh Truong, director general of Viet Tien Garment Company (VTEC).
This requires companies to improve the quality of their products before trademarks are introduced, he said.
VTEC, an affiliate of the Vietnam National Textile and Garment Corporation (VINATEX), has invested more than US$ 10 million over the past five years to upgrade its production lines with equipment purchased from Japan and Singapore with the assistance of international consultants, said Truong Read more about Garment enterprises push to establish trademarks …
Ever-Glory Completes Acquisition of Nanjing Catch-Luck Garments Co., Ltd.
CNNMoney.com
Catch-Luck generated pro forma consolidated net sales of $30.5 million, net income of $2.3 million and diluted EPS of $0.02 for the first half of 2014
September 06, 2014: 09:00 AM EST
NANJING, China, Sept. 6 /Xinhua-PRNewswire-FirstCall/ — Ever-Glory International Group, Inc. (“Ever-Glory”), a leading apparel manufacturer in the People’s Republic of China (“PRC”), today announced that it has completed the acquisition of Nanjing Catch-Luck Garments Co., Ltd. (“Catch-Luck”). Read more about Ever-Glory Completes Acquisition of Nanjing Catch-Luck Garments Co., Ltd. …
Conditions worsen in garment jungle
The Age, Australia
MOST garment companies, locally and internationally, seem to be clueless about working conditions, and outworkers say things are getting worse.
A report that the Brotherhood of St Laurence released to coincide with Fashion Week found that outworkers believed conditions had deteriorated.
Members of one group said they were paid $2.50 for a detailed shirt; members of another group said they were paid $2-$3 an hour. Most indicated they often went weeks without work. When work came, they had to put in long hours. Read more about Conditions worsen in garment jungle …
Daily Times, Pakistan
KARACHI: The spot rate remained firm on strong demand while leading buyers consolidated their long unsold positions at the Karachi cotton market, traders said Thursday.
Read more about Cotton spot rate remains stable at KCA …
Turkey gets knitting on garment alliance deal
Vietnam Investment Review, Vietnam
Turkey, the world’s fourth largest exporter of ready-made garments, is setting its eyes on Vietnam as a manufacturing base because of its low-cost, skilled labour.
Turkish-Vietnamese Business Council chairman Muzaffer Arslan said Turkish companies have opened hundreds of factories in Asia, especially in China over the last few years due to high labour costs at home.
“I am encouraging Turkish garment and textile companies to invest in Vietnam as it has a lot of advantages in terms of labour and favourable policies for foreign investors,†Arslan said. Read more about Turkey gets knitting on garment alliance deal …