Expecting comparatively lower sales during the approaching holiday season, US retailers have imported lesser quantity of textiles during the month of September 2012. The overall US textile and garment imports declined by 1.3 percent ...
Tags: OTEXA, garment import, textile import
Global apparel buying firms are exploring alternative destinations to source their garments,owing to rising cost of production in China,and Bangladesh has emerged as priority for these companies to source apparels. After convening a ...
Tags: rising cost, Source Apparels, Global Buyers Prioritize, BGMEA
Chinese textile firm Sunrise Shengzhou has inked a joint venture agreement with Vietnam-based Thien Nam Investment and Development JSC to facilitate establishment of a joint venture weaving, knitting plant in Bao Minh Industrial Park in ...
Tags: textile firm, Sunrise Shengzhou, textile, knitting fabrics
Lenovo's CEO said on Thursday he expects the market will gradually move away from entertainment-focused tablets in favor for convertible PCs,which he said can strike a balance between the functions of touch-based tablets and the ...
Tags: Lenovo, convertible PCs, Yang Yuanqing, tablets
Lenovo said Thursday its net profit for the fiscal second quarter increased by only 13% year-over-year, marking a shift from the high profit growth the company has previously seen. For the fiscal second quarter ending on Sept. 30, ...
Tags: Lenovo, PC, smartphones, laptops
The Jakarta Post reported that low average selling price of steel resulting from an oversupply in the domestic market hit earnings of the country's major steel producers in the first nine months of this year. Mr Edward Pinem executive ...
Tags: Industry Trends, Fasteners, steel
The Dubai-based apparel retailer Fashion Fabrics has forayed in the southwest Asian market by unveiling its maiden store in Muscat, the capital city of the Arab state 'Sultanate of Oman'. The newly launched outlet, covering an area of ...
Tags: fashion fabrics, apparel retailer, textile, shirting
In late October, trial operations of the fifth production line started successfully at Lenzing's Indonesian subsidiary PT. South Pacific Viscose. With an additional nominal capacity of 80,000 tons of viscose fibers p.a., the annual total ...
Vietnam’s economic slowdown is proving a tough hurdle to overcome for mainland Chinese and Taiwanese plastics industry exporters, although some of them say they continue to see long-term potential there. Chinese and Taiwanese firms ...
Heavy equipment makers are pinning their hopes on a stimulus fuelled rebound in China in 2013, after suffering another bruising quarter as the global economy slowed faster than expected with little respite seen before the end of the year. ...
Thai blow molding machinery maker SMC Corp. Ltd. is spending 40 million euros ($51.7 million) on an expansion that will roughly double its capacity, reflecting what it said was demand from increasing population and economic growth in ...
Tags: Market View, Blow Molding Machine
The increase in manufacturing costs has taken a toll on Indian apparel exports, according to traders. They say the increase in production cost in the Indian apparel industry has led to a reduced demand for Indian garments in ...
Tags: apparel, apparel industry, Welfit Garments, garments for women
Thailand s Siam Cement Pcl doubled its forecast for sales growth of the construction material this year, but maintained its forecast for a fall in overall earnings as weak petrochemical prices dragged down third quarter profit. ...
Tags: market view, cement
DKSH's Business Unit Performance Materials has expanded the partnership in the field of coatings and additives with Evonik Industries. DKSH has been appointed to distribute Evonik's Tego products in Indonesia and Thailand. DKSH will also ...
Tags: DKSH, coating products, paint, coatings, inks, adhesives applications
Max Manufacturing Company of Burma will increase its daily cement production capacity from 500 tonnes now to 2, 600 tonnes by the end of next year and 4, 200 tonnes in 2014, according to a deal with a Thai company, the Bangkok Post reported ...
Tags: market view, cement