The Government of Kenya is fast-tracking setting up of three special economic zones (SEZs), which would also house apparel factories, Standard Digital reported. About 2,000 sq km are has already been set aside for the three SEZs being ...
Tags: Apparel, Accessories
The year 2013 was a consolidation year not only for the textile industry, which faced quite adverse and uncertain market conditions, but also for EURATEX who continued to implement the new strategy aimed at profiling the industry, says ...
Gildan Activewear reported second-quarter revenues rose 4.9 percent to $548.8 million. Adjusted net earnings were $79.2 million, or 64 cents a share, up 8.9 percent The company had projected net sales for the quarter in excess of U.S. ...
Tags: Sports Apparel, Apparel, Sporting Goods, Recreation
Russia has agreed to ship 23 million mt of crude to Belarus this year, a spokeswoman for the Russian Energy Ministry said Friday. Russia is planning to ship 21 million mt by pipeline and a further 2 million mt by rail this year, the ...
Tags: Crude, oil products
Taiwan's machinery exports up 9.1% YoY in Q1, 2014. In the first quarter of 2014, Taiwan shipped US$4.6 billion?worth of machines, up 9.1% year on year, according to the Taiwan Association of Machinery Industry (TAMI), which represents ...
Tags: taiwan, Machinery, Manufacturing, Processing Machinery
The Pakistani Government is actively considering imposing duty on yarn import from India, however, the final decision would be taken after consulting with all the stakeholders and keeping in view the national interests, said Minister of ...
Tags: Yarn Imports, Pak Govt
Canada and the Republic of Korea have concluded negotiations for a bilateral free trade agreement (FTA) that will significantly boost trade and investment ties between the two countries. The negotiations were concluded during the visit of ...
Garment manufacturers from Hong Kong have entered into an agreement to set up their first industrial park in Myanmar, reports the South China Morning Post. The apparel park would be set up on 200 hectare area in Yangon, the former ...
The leading apparel and textile associations in the United State and Europe urged their respective trade commissioners March 10 to negotiate a Transatlantic Trade and Investment Partnership (T-TIP) that will end all apparel and textile ...
Tags: Sporting Goods, Recreation, Apparel, Footwear
The U.S. textile industry has seen a surge in foreign direct investment over the past 8 months. No less than 8 foreign companies have made public announcements over that period to invest more than $700 million in new U.S. textile facilities ...
Tags: Textile Sector, Yarn-Forward Rule
Apparel firms in Honduras are gearing up for the soon to be implemented Free Trade Agreement (FTA) with Canada. The Canada-Honduras Free Trade Agreement was signed on November 5, 2013, and it would come into force once it is approved ...
Tags: Honduran Apparel, Apparel
Australia's busiest airport has today called on tenders for its retail duty free operations, which are currently provided by Nuance Australia. These duty free outlets measure 7,600 square metres of space across six outlets and include ...
Tags: retailer
As per Annex-IX of the EU Regulation-978, the entire textiles and clothing products i.e. HS chapter 50 to 63 are included in GSP Plus Scheme and will be exported duty free from January 1, 2014 although the official Notification will be ...
Tags: Textile Exports, EU
The South China province of Hainan, famous for its resorts, has seen a surge in offshore duty-free shopping, with total sales revenue of 6.3 billion yuan ($1.03 billion) between April 2011 and Dec 2013. In that period, Hainan saw over ...
Tags: Duty-Free Sales, resorts
The Pakistani textile industry has urged the Government to establish Generalized System of Preferences Plus (GSP+) Cell, in order to fully utilize the duty-free access to the European Union (EU) and earn foreign exchange. The proposal ...
Tags: Textile Sector, duty-free access