While two more textile export bodies have criticised the Foreign Trade Policy, a shoes and apparel major has welcomed it. Over the last week, several textile trade bodies have slammed the new policy for ignoring their concerns. Apparel ...
Tags: AEPC, Negative Reactions, Apparel
The Tirupur Exporters’ Association (TEA) has appealed to Prime Minister Narendra Modi to expedite a comprehensive economic partnership agreement with that country to arrest falling knitwear exports. Modi’s visit to Canada begins ...
Tags: General Preferential Tariff, Tirupur Exporters'Association, Apparel
America’s pork producer and processor Smithfield Foods is planning to set up a new $12m bacon slicing plant at its Cudahy facility in Wisconsin. The new 17,000ft2 plant will comprise four slicing lines that will help the company ...
Tags: Smithfield Foods, brands, Food
ACCC attacks government’s Competition Review recommendations, while other sectors respond The recommendations published this week in the Harper Competition Review Final Report have been largely welcomed by industry and regulators. ...
Tags: ACCC, Recommendations, Food
After nine regional and three central rounds of negotiation, BAVC and IG BCE have reached an accord in the wage dispute: remuneration for the 550,000 employees at the 1,900 plants of the chemical and pharmaceutical industries will rise 2.8 ...
Tags: Wage Agreement, BAVC, Construction
Establishing overseas warehouse facilities seems to be becoming mandatory for e-commerce firms doing cross-border transactions, as more online consumers are becoming picky on delivery timings, said a report on Tuesday. The report, ...
Tags: overseas warehouse, e-commerce firms, cross-border transactions
Considering that the Thailand textile sector begins from petrochemicals and extends to fashion and the Vietnam garment industry has to import 85 per cent of its raw material requirements, cooperation between the two countries could help ...
Tags: Textile Sector, textile
PSA Peugeot Citron's Trémery plant in north-eastern France has announced plan to add a new production module to meet rise in demand for the EB Turbo PureTech three-cylinder petrol engine. The company's executive committee took the ...
Tags: PSA, Turbo, Auto Parts
Cotton Council International is organising an ‘Invitation only’ Seminar Evening on April 10, 2015 at Trident Oberoi, Mumbai. The Seminar will offer useful insights on the global scenario of cotton and the cotton textile ...
Tags: COTTON USA, textile industry
Strengthened by previous positive vibes from the European Union, the Government of Sri Lanka has started the process to regain the generalised system of preferences plus (GSP Plus) status, according to an official statement. An ...
The Ministry of Commerce, Government of India, will soon release a strategy paper mentioning the ways to increase competitiveness of Indian textiles in export markets. The competitiveness of Indian textiles in global markets is ...
Tags: strategy paper, export markets
American food processing company Heinz has announced job cuts at its Kitt Green site in Wigan, UK, as part of a restructuring process. According to the company, almost 71 roles will be axed at its baked beans factory where some of the ...
Tags: Heinz, Production line, Food
Considered a sunset industry, the Philippine textile sector is getting back on its feet, concluded stakeholders of the Philippine textile industry at a recent seminar. The conference ‘TELA Serye: ... kahapon, ngayon, bukas. ...
Tags: sunset industry, Philippine textile sector, textile industry
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods
In 2014, specialty chemicals group Lanxess said it substantially improved its operating result and net income in a challenging market and competitive environment. Although sales declined slightly by 3.5 per cent to around €8 ...
Tags: Lanxess, specialty chemicals