U.S. jewelry and watch sales across all channels fell 1.9 percent year on year to $4.55 billion in January, according to preliminary figures. Data revealed that jewelry sales fell 1.6 percent to $4 billion, while sales of watches ...
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
The exports of garments and textiles from Cambodia grew marginally by 1.07 per cent to US$ 4.521 billion in the first eleven months of 2014, compared to exports of $4.473 billion made during the same period of 2013, according to the ...
Tags: Garment Exports, Textile Exports
U.S. specialty jewelry store sales fell 4 percent year on year to $6.11 billion in December, closing the year on a downer. December's sales total was the weakest since 2011 and followed a 6.2 percent decline for stores in November; still, ...
Tags: Jewelry Store, Jewelry
Bloomberg News sat down with Peter Coy, Bloomberg Businessweek Economics Editor, and Susan Lyne, AOL BBG Ventures President, to discuss the American economy, and to try to answer the question: is America roaring back economically? Coy ...
The Japanese economy appears to have expanded during the October-December period, marking the first growth in three quarters thanks to a long-awaited recovery in consumer spending. Real gross domestic product grew an annualized 4% last ...
Tags: consumer spending, Electrical
The International Longshore (ILWU) and Warehouse Union and the Pacific Maritime Association (PMA) have reached a tentative agreement on the maintenance and repair of truck chassis at West Coast ports, according to media reports. The news ...
Tags: bargaining agreement, Outdoor Industry, Sporting Goods
HanesBrands, a marketer of innerwear and basic apparel said it will expand production at its Clarksville sheer hosiery facility and reduce offshore sourcing. HanesBrands which markets brands like Hanes, L’eggs, Just My Size and ...
Tags: innerwear, basic apparel, Apparel
The University of Michigan preliminary consumer sentiment index for January rose to an 11-year high of 98.2, helped by a strengthening job market and lower fuel costs. The preliminary reading was the highest since January 2004, and up ...
Tags: job market, fuel costs, Sporting Goods
Apparel manufacturer and exporter, Pearl Global Industries Limited (PGIL) is undertaking capacity expansion in South India at a total investment of around Rs 17-20 crore, funded through internal accruals and a TUFS loan. PGIL plans to ...
Due to the success of two pilot programmes which are part of Solutions for Hope, an integrated civil and supply chain initiative to source conflict-free tantalum from the Democratic Republic of Congo (DRC), partners, including AVX, have ...
Garment factory owners’ cost in Cambodia is expected to rise by nearly 20 per cent, as a new wage structure came into effect from 1 January. The new structure raises the minimum wage to US$ 128 per month from the earlier $100 per ...
Tags: transportation, seniority, Apparel
The BRC-Nielsen Shop Price Index for November 2014 shows that overall shop prices reported deflation for the nineteenth consecutive month, unchanged at 1.9% in November. Non-food deflation slowed marginally to 2.9% in November from 3.1% in ...
Tags: Non-food prices, Furniture
Food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI). Food manufacturing expansion Among the ...
Tags: Dairy Products, beverages, tobacco
H.E. Sheikh Hasina, the Prime Minister of Bangladesh, has officially opened the Center of Excellence for the Bangladesh Apparel Industries (CEBAI), during a ceremony held at the Dhaka Apparel Summit at Bangabandhu International Conference ...